Holding(s) in Company

Jardine Matheson Hldgs Ld
14 January 2004

JARDINE MATHESON HOLDINGS LIMITED ('JMH')
DISCLOSURE OF INTERESTS - SUBSTANTIAL SHAREHOLDER

We have today been advised that as at 12th January 2004 Cheung Kong (Holdings)
Limited and Hutchison Whampoa Limited were interested in 20,563,377 ordinary
shares of JMH representing 3.36% of JMH's current issued share capital.

The holdings of Cheung Kong (Holdings) Limited and Hutchison Whampoa Limited,
which represent the interests of their respective subsidiaries, were previously
disclosed at 29,586,364 ordinary shares as at 7th March 2003.  The previous
disclosed shareholding represented 4.71% of the then issued share capital.

The registered holder of the shares is The Central Depository (Pte) Limited.


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

14th January 2004

www.jardines.com



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