Director Shareholding

Johnson,Matthey PLC
14 January 2004

DEALINGS BY DIRECTORS




Name of Company

Johnson Matthey PLC



Name of Director

Mr J N Sheldrick



Person with Holding(s)

as above



Registered Holder(s)

Mr J N Sheldrick



Connected Person(s)

n/a



Nature & Extent of transaction

Mr J N Sheldrick - sale of 40,000 shares



Number of shares/amount of stock acquired

N/a



Percentage of Issued Class

N/a



Number of Shares/Amount of stock disposed of

Mr J N Sheldrick                 40,000



Percentage of issued class

0.018%



Class of security

Ordinary £1 shares



SHARE SALE PRICE

Mr J N Sheldrick           40,000  @ 957.00p



Date of Transaction

14 January 2004



Date Company Informed

14 January 2004



Total holding following this notification



Mr J N Sheldrick            52,222



Total Percentage holding of Issued Class following this notification

0.02%



Contact and telephone number for queries

Ms Lynne Sanderson  020 7269 8461



Name of authorised company official responsible for making this notification

Ms Lynne Sanderson  020 7269 8461



Date of Notification:  14 January 2004


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