Director Shareholding

IMI PLC
10 March 2004



JCB/pmg


10 March 2004


The Secretary
Company Announcements Office
UK Listing Authority
The Stock Exchange


Dear Sir


In accordance with Section 329 of the Companies Act 1985, I hereby notify you
that on 9th March 2004, each of the following Directors of this Company acquired
a beneficial interest in the number of new shares shown against his name, namely
shares purchased pursuant to their participation in the IMI Share Purchase Plan
(the Company's All Employee Share Ownership Plan) at 362.00p per share.


Director                                        Number of shares

Martin Lamb                                            35
Trevor Slack                                           35
Barry Pointon                                          35


Yours faithfully


J C Bower
Assistant Company Secretary




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