Holding(s) in Company

IMI PLC
17 June 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     IMI PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     STANDARD LIFE INVESTMENTS

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     MATERIAL INTEREST OF STANDARD LIFE INVESTMENTS 

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     STANLIFE NOMINEES LTD - 10,731,380

5)   Number of shares/amount of stock acquired.

     450,628

6)   ( 0.12%) of issued Class

7)   Number of shares/amount of stock disposed

     -

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES

10)  Date of transaction

     14.06.02

11)  Date company informed

     17.06.02

12)  Total holding following this notification

     10,731,380
               
13)  Total percentage holding of issued class following this notification

     3.05

14)  Any additional information

     STANDARD LIFE INVESTMENTS HAVE NOTIFIED THE COMPANY THAT THEIR INTEREST
     HAS NOW EXCEEDED 3%

15)  Name of contact and telephone number for queries

     J O'SHEA  
     0121 356 4848

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ..17 JUNE 2002



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