Scrip dividend price

Jardine Matheson Hldgs Ld
3 November 2000


JARDINE MATHESON HOLDINGS LIMITED
2000 INTERIM DIVIDEND

Please be advised of the following in respect of the scrip election for the
2000 interim dividend of the above Company:

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

US cents 7.80                US$5.69                         72.94872


Note:

(1) Average closing prices of the Company's shares on the Singapore Exchange
Securities Trading Limited for the period between 27 October to 2 November
2000, inclusive.

(2) Based on the interim dividend per share.

A W BARTLETT, Matheson & Co., Limited,
London Secretaries of Jardine Matheson Holdings Limited

3 NOVEMBER 2000