Holding(s) in Company

Jardine Matheson Hldgs Ld
15 October 2003

JARDINE MATHESON HOLDINGS LIMITED

DISCLOSURE OF INTEREST - SUBSTANTIAL SHAREHOLDER

On 15th October 2003, Jardine Strategic Holdings Limited's ('JSH') interest in
Jardine Matheson Holdings Limited ('JMH') decreased from 52.02% to 51.96% as a
result of the dilution of interest upon issue of shares by JMH in connection
with its scrip dividend scheme.  JSH's interest is made up as follow:-

JSH Discloseable Interest                         No. of shares            %


JSH                                               212,214,132              33.81
Jardine Securities (BVI) Limited                  100,460,881              16.01
Clare Investment and Trustee Company Limited       13,236,559              2.11
Other non-beneficial interests*                       170,355              0.03

Total Holding                                     326,081,927              51.96

*   Deemed interest in shares held by certain non-profit-making organizations, the trustees
    or nominees of which are associate companies of JSH.




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

15th October 2003

www.jardines.com


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