Director Shareholding

Jardine Matheson Hldgs Ld
14 March 2005


JARDINE MATHESON HOLDINGS LIMITED

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1)  Name of company

Jardine Matheson Holdings Limited

2)  Name of director

Norman Lyle

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 director named in 2 above.

Beneficial Interest

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

The Central Depository (Pte) Limited

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

(i)  Exercise of options to acquire ordinary shares
(ii) Sale of ordinary shares

7)  Number of shares/amount of stock acquired

A total of 30,000 shares

8)  Percentage of issued class

0.005%

9) Number of shares/amount of stock disposed

A total of 30,000 shares

10) Percentage of issued class

0.005%

11) Class of security

Ordinary shares of US$0.25 each

12)  Price per share

(i)  Exercise price per share :  30,000 shares at US$7.455


(ii)  Selling price per share :   8,000 shares at US$18.10
                                  22,000 shares at US$18.00


13)  Date of transaction

14th March 2005

14)  Date company informed

14th March 2005

15)  Total holding following this notification

500,000 shares (all are option shares)


16)  Total percentage holding of issued class following this notification

0.08%

17)  Any additional information

This notification is also made on behalf of the following companies:

Jardine Strategic Holdings Limited
Dairy Farm International Holdings Limited

18)  Name of contact and telephone number for queries

Mimi Cheng (852) 2843 8217

19)  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 -    14th March 2005


www.jardines.com


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