Tender Offer

Jardine Matheson Hldgs Ld
4 September 2000


Jardine Matheson Tender Offer Extended

4th  September  2000 -- Jardine Matheson Holdings  Limited
today  announced  that as at 1st September  2000,  it  had
received  tenders  for approximately 160  million  of  its
ordinary  shares under the Tender Offer announced  on  3rd
August 2000.  In accordance with the terms set out in  the
circular   to   shareholders  dated   4th   August   2000,  
the    Directors    have       therefore   decided      to
extend the Tender Offer to allow the repurchase of up to a
total  of  165  million shares (representing approximately
20.4 per cent of the Company's issued share capital).

As  the  total share repurchase will not fall  within  the
general  share repurchase authority given to the Directors
at  the  last  Annual  General Meeting,  it  will  require
shareholder  approval.  Accordingly,  a  Special   General
Meeting  will  be convened for 10:00 am on 22nd  September
2000 to seek specific authority from shareholders for  the
repurchase  of up to 165 million shares under  the  Tender
Offer.   A circular to shareholders containing details  of
the  extension of the Tender Offer and the notice  of  the
Special  General  Meeting will be posted  to  shareholders
shortly.

The  Tender Offer will now close at 5:00 pm (London  time)
on  22nd  September  2000.   During  the  extended  tender
period,  shareholders  may tender  additional  shares  not
previously tendered and they may amend the prices at which
they  have previously tendered their shares (subject to  a
minimum  price of US$4.80 and a maximum price  of  US$5.50
per  share).   Shareholders  who  have  already  submitted
tenders  should  note that tenders may  not  be  withdrawn
during the extension period.  Additional tender forms  are
being sent together with the circular to shareholders.

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  supermarkets,
consumer    marketing,   engineering   and   construction,
insurance  broking,  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 McNamara                                 (852) 2843 8227

Golin/Harris Forrest
Anne Forrest                                  (852) 2522 6475
Sue Gourlay                                   (852) 2501 7936