Director Shareholding

IMI PLC
15 January 2003

JB/pmg/2003/087914


15 January, 2003

The Secretary
Company Announcements Office
UK Listing Authority
The Stock Exchange


Dear Sir

In accordance with Section 329 of the Companies Act 1985, I hereby notify you
that after the close of dealing on 14th January 2003, each of the following
Directors of this Company acquired a beneficial interest in the number of new
shares shown against his name, namely shares purchased pursuant to their
participation in the IMI Share Purchase Plan (the Company's All Employee Share
Ownership Plan) at 263p per share.


Director                        Number of shares

Martin Lamb                            48
Trevor Slack                           48
Barry Pointon                          48



Yours faithfully

J C Bower
Assistant Company Secretary


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