Directors' Dealings

Jardine Matheson Hldgs Ld
23 November 1999


DEALINGS BY DIRECTORS - 1

Disclosure of interests in shares or debentures and notifications of
dealings under the Stock Exchange requirements.

1.   Name of Company

     JARDINE MATHESON HOLDINGS LIMITED

2.   Name of Director

     HENRY KESWICK

3.   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above or holding
     of that person's spouse or children under the age of 18 or in
     respect of a non-beneficial interest.

     IN RESPECT OF DIRECTOR NAMED ABOVE (119,276 SHARES) AND SPOUSE
     (11,826 SHARES)- BENEFICIAL INTEREST

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

     THE CENTRAL DEPOSITORY (PTE) LIMITED                 21,251
     SOVALET AG                                          109,851
    
5.   Please state whether notification related to a person(s)
     connected with the Director named in 2 above and identify the
     connected person(s).

     NO

6.   Please state the nature of the transaction and the nature
     and extent of the director's interest in the transaction.

     ACQUISITION OF SHARES PURSUANT TO SCRIP DIVIDEND SCHEME

7.   Number of shares/ amount of stock acquired.

     131,102 SHARES

8.   Percentage of issued class

     0.016 PER CENT

9.   Number of shares/amount of stock disposed.

     NIL

10.  Percentage of issued class

     N/A

11.  Class of security

     ORDINARY SHARES OF US$ 0.25 EACH

12.  Price per share

     US$ 4.288

13.  Date of transaction

     23 NOVEMBER 1999

14.  Date company informed

     23 NOVEMBER 1999

15.  Total holding following this notification.

     7,393,780 ORDINARY SHARES

16.  Total percentage of issued class following this
     notification.

     0.92 PER CENT

22.  Total number of shares or debentures over which options
     held following this notification

     NIL

23.  Additional information

     THIS NOTIFICATION IS MADE ALSO ON BEHALF OF THE FOLLOWING
     COMPANIES:

     JARDINE STRATEGIC HOLDINGS LIMITED
     DAIRY FARM INTERNATIONAL HOLDINGS LIMITED
     MANDARIN ORIENTAL INTERNATIONAL LIMITED


DEALINGS BY DIRECTORS - 2

Disclosure of interests in shares or debentures and notifications of
dealings under the Stock Exchange requirements.

1.   Name of Company

     JARDINE MATHESON HOLDINGS LIMITED

2.   Name of Director

     SIMON KESWICK

3.   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above or holding
     of that person's spouse or children under the age of 18 or in
     respect of a non-beneficial interest.

     IN RESPECT OF DIRECTOR NAMED ABOVE - BENEFICIAL INTEREST

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

     FIELD NOMINEES LTD                                    384,705
     THE CENTRAL DEPOSITORY (PTE) LIMITED                    9,946
     BATH STREET NOMINEES LTD                              119,559
    
5.   Please state whether notification related to a person(s)
     connected with the Director named in 2 above and identify the
     connected person(s).

     NO

6.   Please state the nature of the transaction and the nature
     and extent of the director's interest in the transaction.

     ACQUISITION OF SHARES PURSUANT TO SCRIP DIVIDEND SCHEME

7.   Number of shares/ amount of stock acquired.

     514,210 SHARES

8.   Percentage of issued class

     0.064 PER CENT

9.   Number of shares/amount of stock disposed.

     NIL

10.  Percentage of issued class

     N/A

11.  Class of security

     ORDINARY SHARES OF US$ 0.25 EACH

12.  Price per share

     US$ 4.288

13.  Date of transaction

     23 NOVEMBER 1999

14.  Date company informed

     23 NOVEMBER 1999

15.  Total holding following this notification.

     31,502,689 ORDINARY SHARES

16.  Total percentage of issued class following this
     notification.

     3.899 PER CENT

22.  Total number of shares or debentures over which options
     held following this notification

     NIL

23.  Additional information

     THIS NOTIFICATION IS MADE ALSO ON BEHALF OF THE FOLLOWING
     COMPANIES:

     JARDINE STRATEGIC HOLDINGS LIMITED
     DAIRY FARM INTERNATIONAL HOLDINGS LIMITED
     MANDARIN ORIENTAL INTERNATIONAL LIMITED



DEALINGS BY DIRECTORS - 3

Disclosure of interests in shares or debentures and notifications of
dealings under the Stock Exchange requirements.

1.   Name of Company

     JARDINE MATHESON HOLDINGS LIMITED

2.   Name of Director

     C G R LEACH

3.   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above or holding
     of that person's spouse or children under the age of 18 or in
     respect of a non-beneficial interest.

     IN RESPECT OF DIRECTOR NAMED ABOVE - BENEFICIAL INTEREST

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

     THE CENTRAL DEPOSITORY (PTE) LIMITED                 
    
5.   Please state whether notification related to a person(s)
     connected with the Director named in 2 above and identify the
     connected person(s).

     NO

6.   Please state the nature of the transaction and the nature
     and extent of the director's interest in the transaction.

     ACQUISITION OF SHARES PURSUANT TO SCRIP DIVIDEND SCHEME

7.   Number of shares/ amount of stock acquired.

     13,067 SHARES

8.   Percentage of issued class

     0.0016 PER CENT

9.   Number of shares/amount of stock disposed.

     NIL

10.  Percentage of issued class

     N/A

11.  Class of security

     ORDINARY SHARES OF US$ 0.25 EACH

12.  Price per share

     US$ 4.288

13.  Date of transaction

     23 NOVEMBER 1999

14.  Date company informed

     23 NOVEMBER 1999

15.  Total holding following this notification.

     731,420 ORDINARY SHARES

16.  Total percentage of issued class following this
     notification.

     0.091 PER CENT

22.  Total number of shares or debentures over which options
     held following this notification

     NIL

23.  Additional information

     THIS NOTIFICATION IS MADE ALSO ON BEHALF OF THE FOLLOWING
     COMPANIES:

     JARDINE STRATEGIC HOLDINGS LIMITED
     DAIRY FARM INTERNATIONAL HOLDINGS LIMITED
     MANDARIN ORIENTAL INTERNATIONAL LIMITED



DEALINGS BY DIRECTORS - 4

Disclosure of interests in shares or debentures and notifications of
dealings under the Stock Exchange requirements.

1.   Name of Company

     JARDINE MATHESON HOLDINGS LIMITED

2.   Name of Director

     A G MORRISON

3.   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above or holding
     of that person's spouse or children under the age of 18 or in
     respect of a non-beneficial interest.

     IN RESPECT OF DIRECTOR NAMED ABOVE - BENEFICIAL INTEREST

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

     THE CENTRAL DEPOSITORY (PTE) LIMITED                 
    
5.   Please state whether notification related to a person(s)
     connected with the Director named in 2 above and identify the
     connected person(s).

     NO

6.   Please state the nature of the transaction and the nature
     and extent of the director's interest in the transaction.

     ACQUISITION OF SHARES PURSUANT TO SCRIP DIVIDEND SCHEME

7.   Number of shares/ amount of stock acquired.

     12,419 SHARES

8.   Percentage of issued class

     0.0015 PER CENT

9.   Number of shares/amount of stock disposed.

     NIL

10.  Percentage of issued class

     N/A

11.  Class of security

     ORDINARY SHARES OF US$ 0.25 EACH

12.  Price per share

     US$ 4.288

13.  Date of transaction

     23 NOVEMBER 1999

14.  Date company informed

     23 NOVEMBER 1999

15.  Total holding following this notification.

     1,201,529 ORDINARY SHARES

16.  Total percentage of issued class following this
     notification.

     0.149 PER CENT

22.  Total number of shares or debentures over which options
     held following this notification

     505,000 (no change - included in 15 above)

23.  Additional information

     THIS NOTIFICATION IS MADE ALSO ON BEHALF OF THE FOLLOWING
     COMPANIES:

     JARDINE STRATEGIC HOLDINGS LIMITED
     DAIRY FARM INTERNATIONAL HOLDINGS LIMITED
     MANDARIN ORIENTAL INTERNATIONAL LIMITED



DEALINGS BY DIRECTORS - 5

Disclosure of interests in shares or debentures and notifications of
dealings under the Stock Exchange requirements.

1.   Name of Company

     JARDINE MATHESON HOLDINGS LIMITED

2.   Name of Director

     GEORGE HO

3.   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above or holding
     of that person's spouse or children under the age of 18 or in
     respect of a non-beneficial interest.

     IN RESPECT OF DIRECTOR NAMED ABOVE - BENEFICIAL INTEREST

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

     THE CENTRAL DEPOSITORY (PTE) LIMITED                 
    
5.   Please state whether notification related to a person(s)
     connected with the Director named in 2 above and identify the
     connected person(s).

     NO

6.   Please state the nature of the transaction and the nature
     and extent of the director's interest in the transaction.

     ACQUISITION OF SHARES PURSUANT TO SCRIP DIVIDEND SCHEME

7.   Number of shares/ amount of stock acquired.

     558 SHARES

8.   Percentage of issued class

     0.00007 PER CENT

9.   Number of shares/amount of stock disposed.

     NIL

10.  Percentage of issued class

     N/A

11.  Class of security

     ORDINARY SHARES OF US$ 0.25 EACH

12.  Price per share

     US$ 4.288

13.  Date of transaction

     23 NOVEMBER 1999

14.  Date company informed

     23 NOVEMBER 1999

15.  Total holding following this notification.

     160,709 ORDINARY SHARES

16.  Total percentage of issued class following this
     notification.

     0.0199 ER CENT

22.  Total number of shares or debentures over which options
     held following this notification

     NIL

23.  Additional information

     NONE




DEALINGS BY DIRECTORS - 6

Disclosure of interests in shares or debentures and notifications of
dealings under the Stock Exchange requirements.

1.   Name of Company

     JARDINE MATHESON HOLDINGS LIMITED

2.   Name of Director

     R C KWOK

3.   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above or holding
     of that person's spouse or children under the age of 18 or in
     respect of a non-beneficial interest.

     IN RESPECT OF DIRECTOR NAMED ABOVE (396 SHARES) AND SPOUSE (711
     SHARES)- BENEFICIAL INTEREST

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

     THE CENTRAL DEPOSITORY (PTE) LIMITED                 
    
5.   Please state whether notification related to a person(s)
     connected with the Director named in 2 above and identify the
     connected person(s).

     NO

6.   Please state the nature of the transaction and the nature
     and extent of the director's interest in the transaction.

     ACQUISITION OF SHARES PURSUANT TO SCRIP DIVIDEND SCHEME

7.   Number of shares/ amount of stock acquired.

     1,107 SHARES

8.   Percentage of issued class

     0.00014 PER CENT

9.   Number of shares/amount of stock disposed.

     NIL

10.  Percentage of issued class

     N/A

11.  Class of security

     ORDINARY SHARES OF US$ 0.25 EACH

12.  Price per share

     US$ 4.288

13.  Date of transaction

     23 NOVEMBER 1999

14.  Date company informed

     23 NOVEMBER 1999

15.  Total holding following this notification.

     62,009 ORDINARY SHARES

16.  Total percentage of issued class following this
     notification.

     0.0077 PER CENT

22.  Total number of shares or debentures over which options
     held following this notification

     NIL

23.  Additional information

     THIS NOTIFICATION IS MADE ALSO ON BEHALF OF THE FOLLOWING
     COMPANIES:

     JARDINE STRATEGIC HOLDINGS LIMITED
     DAIRY FARM INTERNATIONAL HOLDINGS LIMITED
     MANDARIN ORIENTAL INTERNATIONAL LIMITED



DEALINGS BY DIRECTORS - 7

Disclosure of interests in shares or debentures and notifications of
dealings under the Stock Exchange requirements.

1.   Name of Company

     JARDINE MATHESON HOLDINGS LIMITED

2.   Name of Director

     E P K WEATHERALL

3.   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above or holding
     of that person's spouse or children under the age of 18 or in
     respect of a non-beneficial interest.

     IN RESPECT OF DIRECTOR NAMED ABOVE (28,856 SHARES, OF WHICH
     2,051 SHARES REPRESENT A NON-BENEFICIAL INTEREST)

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

     THE CENTRAL DEPOSITORY (PTE) LIMITED                 
    
5.   Please state whether notification related to a person(s)
     connected with the Director named in 2 above and identify the
     connected person(s).

     NO

6.   Please state the nature of the transaction and the nature
     and extent of the director's interest in the transaction.

     ACQUISITION OF SHARES PURSUANT TO SCRIP DIVIDEND SCHEME

7.   Number of shares/ amount of stock acquired.

     28,856 SHARES

8.   Percentage of issued class

     0.0036 PER CENT

9.   Number of shares/amount of stock disposed.

     NIL

10.  Percentage of issued class

     N/A

11.  Class of security

     ORDINARY SHARES OF US$ 0.25 EACH

12.  Price per share

     US$ 4.288

13.  Date of transaction

     23 NOVEMBER 1999

14.  Date company informed

     23 NOVEMBER 1999

15.  Total holding following this notification.

     3,016,171 ORDINARY SHARES

16.  Total percentage of issued class following this
     notification.

     0.373 PER CENT

22.  Total number of shares or debentures over which options
     held following this notification

     320,000 SHARES (NO CHANGE - INCLUDED IN 15 ABOVE)

23.  Additional information

     NONE

24.  Name of contact and telephone number for queries

     A W BARTLETT  - 020 7816 8161

25.  Name of authorised company official responsible for making
     this notification.

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

     Date of notification  - 23 November 1999