Share Repurchase etc

Jardine Matheson Hldgs Ld
05 December 2002

JARDINE MATHESON HOLDINGS LIMITED ('JMH')


1.    SHARE REPURCHASE

      Please be advised of the following repurchase by JMH of its ordinary shares in the market:-

      Date of repurchase:                        5th December 2002
      Total number of shares repurchased:        528,800 shares
      Price paid per share:                      US$5.90

      The repurchase of shares is made in accordance with the listing rules of the UK Listing Authority.

2.    DISCLOSURE OF INTEREST - SUBSTANTIAL SHAREHOLDER

      Following the repurchase by JMH of its ordinary shares in the market and the completion of the
      cancellation in due course by JMH of the relevant repurchased shares, the interest of Jardine
      Strategic Holdings Limited ('JSH') in JMH will increase from 51.99% to 52.04%.  JSH's interest is made
      up as follows:-


      JSH Discloseable Interest                             No. of shares                       %


      JSH                                                      212,214,132                  33.79
      Jardine Securities Limited                               100,460,881                 15.996
      Clare Investment and Trustee Company Limited              13,965,559                   2.22
      Other non-beneficial interests*                              170,355                   0.03

      Total Holding                                            326,810,927                  52.04

      *   Deemed interest in shares held by certain non-profit-making organisations, 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

5th December 2002

www.jardines.com


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