AGM Resolution Proposals

Jardine Matheson Hldgs Ld
8 May 2000



 Members' Resolutions to be Proposed at Jardine Matheson
                 Annual General Meeting

8th  May 2000 -- Jardine Matheson Holdings Limited  today
announced  that  it  had received  notice  on  behalf  of
certain   shareholders  of  their  intention  to  propose
members' resolutions at the Annual General Meeting to  be
held on 1st June 2000.  The notice has been received from
Brandes  Investment  Partners,  L.P.  ('Brandes'),  a  US
registered investment advisory firm.

The  resolutions deal with the role of the  Directors  of
the  Company who are also directors of Jardine  Strategic
Holdings  Limited,  require the  Directors  to  vote  the
shares held by the Company in Jardine Strategic in favour
of  members'  resolutions which have  been  submitted  by
Brandes  for consideration at the annual general  meeting
of Jardine Strategic, recommend the Board consider making
an  offer  for Jardine Strategic and propose an amendment
to  the  Bye-Laws of the Company regarding the Directors'
retirement   by   rotation   provision.    The   members'
resolutions are set out in the Addendum to the Notice  of
Annual   General  Meeting,  which  has   been   sent   to
shareholders  together  with the  Company's  1999  annual
report.

'The  Board  of  Jardine Matheson welcomes dialogue  with
shareholders on such matters, and remains very  conscious
of  the  need to create shareholder value,' said Managing
Director,  Percy Weatherall.  'However,  we  believe  the
stability  that the Group structure provides enables  our
businesses   to  compete  effectively  in  their   chosen
marketplaces and plan for the long term in what remains a
volatile region.'

The Board of Jardine Matheson is of the opinion that none
of  the members' resolutions to be proposed at the Annual
General Meeting is in the long-term best interests of the
shareholders,   other  stakeholders   or   the   Company.
Accordingly, shareholders are being recommended  to  vote
against these resolutions, as the Directors intend to  do
in respect of their own beneficial shareholdings.

Jardine  Matheson  is  a multinational group  of  eight  prime
businesses focused primarily on the Asia-Pacific Region.   Its
operations  employ some 150,000 people and its activities  are
leaders  in  the  fields of financial services,  supermarkets,
consumer   marketing,  engineering  and  construction,   motor
trading, property and hotels.  The Group is building its  core
businesses largely in Asia Pacific with the goal of  enhancing
shareholder value for the long term.

                        
For further information, please contact:

Jardine Matheson Limited
Neil M McNamara                 Tel:  [phone] (office)

Forrest International Limited
Sue Gourlay                    Tel:   [phone] (office)

Matheson & Co.Limited
Martin Henderson             Tel:  [phone] (office)

Ludgate Communications
Richard Hews                 Tel:  [phone] (office)



The  Annual  Report and the Addendum to the Notice  of  Annual
General  Meeting  will be available on www.jardines.com  after
9:00 am tomorrow.