Result of AGM

Jardine Matheson Hldgs Ld
17 May 2001

                             
The following announcement was issued to the London Stock
Exchange on 17th May 2001.

Jardine Matheson Announces Results of Annual General Meeting

Bermuda,  17th  May  2001  --  Jardine  Matheson  Holdings
Limited  today  announced  that the  members'  resolutions
proposed  at  the  Company's Annual General  Meeting  held
earlier  today did not receive the required  majority  and
were  not approved.  The ordinary business of the  meeting
was approved.

'Shareholders have again rejected resolutions which sought
to  undermine  the stability of the Group  and  which  the
Board   believed  were  not  in  the  best  interests   of
shareholders,'  said Managing Director, Percy  Weatherall.
'We  shall continue to focus our efforts on creating value
for  all our shareholders through the development  of  our
excellent portfolio of businesses.'

A  separate  announcement was made earlier  today  of  the
statement  made  at  the meeting by  the  Chairman,  Henry
Keswick.

Jardine  Matheson is a multinational group of  seven  core
businesses  focused primarily on the Asia-Pacific  region.
Its   operations  employ  some  150,000  people  and   its
activities are leaders in the fields of property,  hotels,
supermarkets,   consumer   marketing,   engineering    and
construction, insurance broking and motor trading.


For further information, please contact:

Jardine Matheson Limited
Neil M McNamara                           (1 441) 239 8128

Matheson & Co.
Martin Henderson                         (44) 20 7816 8135

Golin/Harris Forrest
David Dodwell                              (852) 2501 7902
Leslie Fung                                (852) 2501 7905

Golin/Harris Ludgate
Richard Hews                             (44) 20 7324 8888
Trish Featherstone