Director Shareholding

Johnson,Matthey PLC
04 August 2003


JOHNSON MATTHEY PLC
DEALINGS BY DIRECTORS


1.    Name of Company                              Johnson Matthey plc

2.    Name of Director                             C R N Clark
                                                   N A P Carson
                                                   P N Hawker
                                                   D W Morgan
                                                   L C Pentz
                                                   J N Sheldrick

3.    Person with Holding(s)                       as in 2 above

4.    Registered Holder(s)                         n/a

5.    Connected Person(s)                          n/a

6.    Nature & Extent of transaction               Vesting and sale of shares under the Johnson
                                                   Matthey Long Term Incentive Plan (LTIP)

7.    Number of Shares allocated                   C R N Clark            55,556
                                                   N A P Carson           21,296
                                                   P N Hawker              4,051
                                                   D W Morgan             20,139
                                                   L C Pentz               5,435
                                                   J N Sheldrick          29,677

8.    Percentage of Issued Class                   0.06%

9.    Number of Shares/Amount of                   C R N Clark            33,889
      Stock Disposed                               N A P Carson            5,326
                                                   P N Hawker              2,471
                                                   D W Morgan             12,285
                                                   L C Pentz               3,315
                                                   J N Sheldrick          18,103

10.   Percentage of Issued Class                   0.03%

11.   Class of Security                            Ordinary £1 shares

12.   LTIP Award Price                             C R N Clark            55,556 @ 864.00p
                                                   N A P Carson           21,296 @ 864.00p
                                                   P N Hawker              4,051 @ 864.00p
                                                   D W Morgan             20,139 @ 864.00p
                                                   L C Pentz               5,435 @ 864.00p
                                                   J N Sheldrick          29,677 @ 864.00p

      LTIP Sale Price                              C R N Clark            33,889 @ 900.31p
                                                   N A P Carson            5,326 @ 900.31p
                                                   P N Hawker              2,471 @ 900.31p
                                                   D W Morgan             12,285 @ 900.31p
                                                   L C Pentz               3,315 @ 900.31p
                                                   J N Sheldrick          18,103 @ 900.31p

13.   Date of Transaction                          1 August 2003

14.   Date Company Informed                        1 August 2003

15.   Total Interest following this notification:

                                                   Shares                   Options       LTIP allocations

      C R N Clark                                  21,043                   156,212                133,061
      N A P Carson                                 44,609                   115,698                 44,523
      P N Hawker                                    6,703                    53,147                 21,168
      D W Morgan                                   35,084                   134,797                 40,260
      L C Pentz                                     8,686                    86,230                 25,258
      J N Sheldrick                                91,998                   132,215                 56,127

16.   Total Percentage interest of Issued
      Class following this Notification            0.09%




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