Director Shareholding

Johnson,Matthey PLC
17 March 2004


DEALINGS BY DIRECTORS

FOR IMMEDIATE RELEASE


Name of Company                        Johnson Matthey PLC

Name of Director                       L C Pentz

Person with Holding(s)                 L C Pentz


Registered Holder(s)                   T Rowe Price Trust as the Trustee of the 
                                       Johnson Matthey Salaried Employees 
                                       Savings Investment Plan (US)

Connected Person(s)                    n/a

Nature & Extent of transaction         Regular purchase of shares by the
                                       Trustee of the US Employee Savings 
                                       Investment Plan.

Number of Shares/Amount of
stock acquired                         59

Percentage of Issued Class             less than 0.01%

Number of Shares/Amount of             n/a
Stock Disposed

Percentage of Issued Class             n/a

Class of Security                      Ordinary £1 shares

Price Per Share                        £8.96



Date of Transaction                    15/03/2004



Date Company Informed                  17/03/2004



Total Holding Following this           Shares         Options          LTIP allocations
                                                                       notification                                     
                                       9384           86,230           47,795

Total Percentage Holding of            Less than 0.01%
Issued Class Following this
Notification



Contact and telephone number for queries:
Lynne Sanderson 020 7269 8461

Name of authorised company official responsible for making this notification
Lynne Sanderson 020 7269 8461

Date of Notification:     17 March 2004



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