Director Shareholding

Jardine Matheson Hldgs Ld
26 September 2000


JARDINE MATHESON HOLDINGS LIMITED ('JMH')
DIRECTORS' SHARE TRANSACTIONS - TENDER OFFER

JMH was notified today of the following Directors' share
transactions as a result of the tender of share options for
cancellation in accordance with the arrangements made available to
certain option holders under the Tender Offer of JMH:-
                                                 
                                                Lord Powell of       
Name of Director:          A J L Nightingale    Bayswater, KCMG

Date of Cancellation:      25.09.2000           25.09.2000

No of Share Options
Cancelled:                 110,000              300,000

Option Price Per
Share:                     US$4.3660            US$4.1690

Strike Price Per
Share under the
Tender Offer:              US$5.50              US$5.50

Cancellation Payment
Per Share Option:          US$1.134             US$1.331             
       
No of Share Options
held following
Cancellation:              335,000              200,000 
 

The notification in respect of Lord Powell is also made on behalf of
the following companies:-

   Jardine Strategic Holdings Limited
   Dairy Farm International Holdings Limited
   Mandarin Oriental International Limited             


A W BARTLETT, Matheson & Co., Limited, 
London Secretaries of Jardine Matheson Holdings Limited