Director Shareholding

IMI PLC
2 January 2003


Pursuant to Section 329 of the Companies Act 1985, I hereby notify you that this
Company has received notice from The Share Centre, as PEP Manager, of a purchase
of IMI Ordinary Shares at a price of 255.25 pence per share made on 23rd
December 2002 on behalf of a Director of this Company:

              Director                    No of Shares

              G J Allen                       131

These transactions result from The Share Centre's quarterly income 
re-investment.



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