Director Shareholding

Johnson,Matthey PLC
12 March 2004

DEALINGS BY DIRECTORS



FOR IMMEDIATE RELEASE


Name of Company                                Johnson Matthey PLC

Name of Director                               N A P Carson and L C Pentz

Person with Holding(s)                         N A P Carson and L C Pentz




Registered Holder(s)                           T Rowe Price Trust as the Trustee
                                               of the Johnson Matthey Salaried Employees 
                                               Savings Investment Plan (US)



Connected Person(s)                            n/a



Nature & Extent of transaction            Dividend Reinvestment by the Trustee
                                          of the US Employee Savings Investment Plan.



Number of Shares/Amount of
stock acquired                            N A P Carson:  5/2/2003 - 4;
                                          5/8/2003 - 7; 4/2/2004 - 3; Total - 14
                                          L C Pentz:  4/2/2004 - 38



Percentage of Issued Class               less than 0.01%



Number of Shares/Amount of               n/a

Stock Disposed



Percentage of Issued Class               n/a



Class of Security                        Ordinary £1 shares




Price Per Share                         5/2/2003 - £7.77;    5/8/2003 - £9.015;  4/2/2004 - £9.19




Date of Transaction                     5/2/2003; 5/8/2003 and 4/2/2004



Date Company Informed                      11/3/2004



Total Holding Following this              N A P Carson:  44,915 shares
notification                              L C Pentz:      9,325 shares



Total Percentage Holding of                  Less than 0.02%
Issued Class Following this
Notification



Contact and telephone number for queries:

A L Sanderson, 020 7269 8461



Name of authorised company official responsible for making this notification

A L Sanderson, 020 7269 8461



Date of Notification:     12 March 2004












                      This information is provided by RNS
            The company news service from the London Stock Exchange