Interim Dividend, etc

Jardine Matheson Holdings Ltd
5 November 1999



JARDINE MATHESON HOLDINGS LIMITED

Set out below is the text of a letter from the Company in Hong
Kong:


Dear Sirs

Jardine Matheson Holdings Limited
1999 Interim Dividend

Pleased be advised of the following in respect of the scrip
election for the 1999 interim dividend of the above Company:

Interim Dividend per share              US$0.078

Market value of the shares for
calculating the Scrip Entitlement       US$4.288
(per share)(See note 1)

Scrip Entitlement Multiple              54.97436
(See note 2)


Note (1) Average closing prices of the Company's shares on the
         Singapore Stock Exchange for the period between       
         29 October 1999 and 4 November 1999, inclusive.

Note (2) Based on the interim dividend per share.

Yours faithfully
Jardine Matheson Limited



(Signed) Neil M McNamara
Group Corporate Secretary