Re Directorate

Jardine Matheson Hldgs Ld
22 May 2001


     Jardine Matheson Board Adds Group Strategy Director


22nd  May  2001  -- Jardine Matheson Holdings Limited  today
announced  that  Mr. Brian Keelan has joined  the  Board  as
Group   Strategy  Director  and  will  be  responsible   for
corporate finance including acquisitions, disposals and long
term  financing.  Mr. Keelan has spent twenty-five years  in
investment  banking, the last twelve as  managing  director,
corporate finance and board member of UBS Warburg.

Henry  Keswick, Chairman of Jardine Matheson,  said,  'I  am
delighted  that Brian Keelan has agreed to join  the  Board.
He has been a trusted adviser of the Group for a dozen years
and will now enhance our planning and the implementation  of
strategic transactions as a colleague.'

Percy  Weatherall,  Managing Director,  said,  'This  is  an
exciting  time  for Jardine Matheson and Brian  Keelan  will
help  us  greatly in seizing new opportunities.  We have  an
excellent  business  platform and I welcome  this  important
addition to our management team.'

Jardine  Matheson  is a multinational group  of  seven  core
businesses  focused  primarily on the  Asia-Pacific  region.
Its operations employ some 150,000 people and its activities
are leaders in the fields of property, hotels, supermarkets,
consumer  marketing, engineering and construction, insurance
broking and motor trading.

                              
For further information, please contact:

Jardine Matheson Limited
Neil M McNamara                              (852) 2843 8227

Matheson & Co. Limited
Martin Henderson                           (44) 20 7816 8135

Financial Dynamics
Nick Miles                                 (44) 20 7831 3113

UBS Warburg
Mark Arena                                 (44) 20 7568 2439