Director Shareholding

IMI PLC
12 March 2003



12 March 2002

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 11th March 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 2.335833 per share.

          Director              Number of shares

Martin Lamb                            53
Trevor Slack                           53
Barry Pointon                          54


Yours faithfully


J C Bower

Assistant Company Secretary



                      This information is provided by RNS
            The company news service from the London Stock Exchange