Director Shareholding

Johnson,Matthey PLC
28 May 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                   60

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                  £8.625

Date of Transaction              26/05/2004

Date Company Informed            28/05/2004

Total Holding following this     Shares         Options       LTIP allocations
notification                     9,678          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:     28 May 2004


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