Holding in Company

Johnson,Matthey PLC
26 October 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     JOHNSON MATTHEY PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     FIDELITY INVESTMENTS

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     AS IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     AS PER SCHEDULE BELOW

5)   Number of shares/amount of stock acquired.

     N/A

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     2,120,835

8)   (0.96%) of issued Class

9)   Class of security

     ORDINARY £1 SHARES

10)  Date of transaction

     NOT KNOWN

11)  Date company informed

     26 OCTOBER 2000

12)  Total holding following this notification

     8,718,311
               
              
13)  Total percentage holding of issued class following this notification

     3.93%

14)  Any additional information



15)  Name of contact and telephone number for queries

     LYNNE COSSEY      0207 269 8461

16)  Name and signature of authorised company official responsible for 
     making this notification
                                    LYNNE COSSEY

     Date of Notification     26 OCTOBER 2000



SCHEDULE A
                                                            Amendment No. 12

SECURITY:  JOHNSON MATTHEY PLC

                         SHARES     MANAGEMENT      
                          HELD        COMPANY     NOMINEE/REGISTERED NAME 
(Ordinary Shares)

                        1,000,000     FMRCO       Chase Nominees Limited
                           41,600     FMRCO       State Street Nominees Limited
                        2,190,013     FISL        Clydesdale Bank (Head Office)
                                                    Nominees Limited
                          866,410     FPM         Chase Nominees Ltd
                           33,600     FPM         Nortrust Nominees Ltd
                           71,100     FPM         BT Globenet Nominees Ltd
                           78,520     FPM         MSS Nominees Ltd
                           27,500     FPM         Gracechurch Nominees
                          237,800     FPM         RBS Trust Bank
                          619,925     FPM         Bankers Trust
                           39,830     FPM         Citibank
                          220,400     FIL         Nortrust Nominees Ltd
                           79,890     FIL         Bankers Trust
                          111,500     FIL         BT Globenet Nominees Ltd
                          455,700     FIL         Chase Nominees Ltd
                          101,200     FIL         Morgan Stanley
                        1,123,418     FIL         RBS Trust Bank
                           31,520     FIL         Citibank
                          908,005     FIL         MSS Nominees Ltd
                           96,400     FIL         Clydesdale Bank (Head Office)
                                                    Nominees Limited
                          196,500     FIL         Northern Trust
                          187,480     FIL         Bank of New York Europe


Total Ordinary Shares:                  8,718,311

Currently ownership percentage:         3.93%

Shares in issue:                        221,764,851

Change in holdings since last filing:  (2,120,835) ordinary shares