Director Shareholding

IMI PLC
11 May 2001




Letter to Company Announcements Office

In accordance with Section 329 of the Companies Act 1985 I hereby notify you
that each of the following Directors of this Company today acquired a beneficial
interest in the number of new Ordinary shares of 25p each in IMI plc shown
against his name, under a Finance Act 1978 Profit Sharing Scheme.  The
subscription price was 248p per share:

Director                                  No. of Shares

Mr G J Allen                              2,412
Mr M J Lamb                               1,403
Mr R B Pointon                            1,403
Mr T J Slack                              1,400


Letter from IMI plc