Director Shareholding

Jardine Matheson Hldgs Ld
09 January 2004

JARDINE MATHESON HOLDINGS LIMITED

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1)  Name of company

Jardine Matheson Holdings Limited ('JMH')

2)  Name of director

A J L Nightingale

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 or in respect of an non-beneficial
interest

In respect of a non-beneficial interest and beneficial interest of the Director
named in 2 above

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

PCD - Nominees Corp

5)  Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

No

6)  Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

Change of interest in the shares held in Jardine Davies Inc ('JDI'), a
subsidiary of JMH, from non-beneficial to beneficial following a restructuring
of family shareholdings.

7)  Number of shares/amount of stock acquired/disposed

5,000 shares in JDI

8)  Percentage of issued class (any treasury shares held by company should not
be taken into account when calculating percentage)

0.01% of the issued share capital of JDI

9) Class of security

Common Stock of PHP4 each in respect of JDI

10)  Price per share

N/A

11)  Date of transaction

15th December 2003

12)  Date company informed

9th January 2004

13)  Total holding following this notification

25,000 shares in JDI (No change in total interest)

14)  Total percentage holding of issued class following this notification (any
treasury shares held by company should not be taken into account when
calculating percentage)

0.06% of the issued share capital of JDI

15)  Total number of shares or debentures over which options held following this
notification.

Nil

16)  Any additional information

Nil

17)  Name of contact and telephone number for queries

Mimi Cheng (852) 2843 8217

18)  Name of authorised company official responsible for making this
notification


Neil M McNamara, Jardine Matheson Limited
for and on behalf of Jardine Matheson Holdings Limited

Date of Notification -    9th January 2004


www.jardines.com


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