Collaboration Agreement

Johnson Matthey PLC
13 February 2007





              For Immediate Release on Tuesday 13th February 2007


    Johnson Matthey Catalysts and China Petrochemical International Company
                   (Sinopec) Announce Collaboration Agreement



Johnson Matthey Catalysts, Johnson Matthey Plc's Process Catalysts and
Technologies business, and the China Petrochemical International Company Ltd
(Sinopec), are pleased to announce that they have commenced a long term
collaboration agreement which will position the two partners as leading
suppliers to the global market for oil refinery hydroprocessing catalysts.



The two companies have recently signed a commercial agreement under which
Johnson Matthey Catalysts will market Sinopec's hydroprocessing catalysts to oil
refineries outside China.  Johnson Matthey Catalysts and Sinopec will work
closely together using each other's strengths to provide the global oil refinery
market with high quality, industrially proven, catalysts. The initial focus of
the agreement will be on refinery hydroprocessing catalysts, however
collaboration in other oil refining catalyst markets will also be investigated.



Commenting on this agreement, Neil Carson, Johnson Matthey's Chief Executive
said:



'Sinopec are the 3rd largest oil refiner in the world and a major player in
associated catalyst technology. I am delighted that we have secured this
important collaboration agreement with them which will provide both companies
with exciting long term opportunities to extend their participation in the oil
refining catalyst market outside China. This collaboration represents an
important strategic step for Johnson Matthey, strengthening our product and
technologies offering into a new target catalyst market.'



Enquiries:



Ian Godwin     Director, IR and Corporate Communications        020 7269 8410





Notes to Editors:

Johnson Matthey's Process Catalysts and Technologies business (Johnson Matthey
Catalysts) manufactures base and precious metal process catalysts, fine
chemicals and adsorbents. These products are widely used in hydrocarbon
processing duties within the oil, natural gas, hydrogen and synthesis gas
industries.  Johnson Matthey Catalysts provides specialist technology for the
purification of gaseous and liquid streams within the oil refining market and
has developed synthesis gas generation technology which can be applied within
the developing coal-to-liquid (CTL) and gas-to-liquid (GTL) markets.




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