Holding in Company

Johnson,Matthey PLC
2 March 2001


                  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.

200,110


6)   ( 0.09 %) of issued Class


7)   Number of shares/amount of stock disposed

N/A


8)   ( N/A %) of issued Class


9)   Class of security

ORDINARY £1 SHARES


10)  Date of transaction

NOT KNOWN


11)  Date company informed

2 MARCH 2001


12)  Total holding following this notification

6,778,488

               
              
13)  Total percentage holding of issued class following this notification

3.05%

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

     Date of Notification ..... 2 MARCH 2001 ....


Schedule A

Security: Johnson Matthey Plc

                         SHARES    MANAGEMENT
                         HELD      COMPANY     NOMINEE/REGISTERED NAME
(Ordinary Shares)
                        1,000,000  FMRCO      Chase Nominees Limited
                           50,300  FMRCO      State Street Nominees Limited
                        1,021,160   FISL      Clydesdale Bank (Head Office)     
                                              Nominees Limited
                          625,710   FPM       Chase Nominees Ltd
                          287,100   FPM       Nortrust Nominees Ltd
                           62,000   FPM       BT Globenet Nominees Lid
                           51,820   FPM       MSS Nominees Ltd
                           26,000   FPM       Gracechurch Nominees
                          211,800   FPM       RBS Trust Bank
                          479,925   FPM       Bankers Trust
                           82,430   FPM       Citibank
                           98,100   FPM       HSBC Client Holdings Nominee (UK) 
                                              Limited
                          267,900   FIL       Nortrust Nominees Ltd
                           88,790   FIL       Bankers Trust
                           62,000   FIL       BT Globenet Nominees Ltd
                          367,400   FIL       Chase Nominees Ltd
                          101,200   FIL       Morgan Stanley
                          980,618   FIL       RBS Trust Bank
                           44,220   FIL       Citibank
                          129,705   FIL       MSS Nominees Ltd
                          416,110   FIL       Northern Trust
                          223,000   FIL       Bank of New York Europe
                          101,200   FIL       State Street Nominees Ltd

Total Ordinary Shares   6,778,488

Current Own percentage:     3.05%

Shares in issue:      222,336,519