Dividend

Jardine Matheson Hldgs Ld
28 April 2003


JARDINE MATHESON HOLDINGS LIMITED


2002 FINAL DIVIDEND

Please be advised of the following in respect of the scrip election for the 2002
final dividend of the above Company.


 Final Dividend Per    Market value of the shares for calculating the     Scrip Entitlement Multiple (2)
        Share                       Scrip Entitlement (1)
                                         (per share)

   US cents 22.20                          US$5.57                                 25.09009


Note:

(1) Average closing prices of the Company's shares on the Singapore Exchange
Securities Trading Limited for the five trading days up to and including 25th
April 2003.

(2) Based on the final dividend per share.



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

28th April 2003

www.jardines.com


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