Director Shareholding

IMI PLC
27 September 2000

Letter to:  Company Announcements Office

Pursuant to Section 329 of the Companies Act 1985 I hereby notify you that this
Company yesterday received notice from The Share Centre, as PEP Manager, of the
following purchases made on 25 September 2000 on behalf of Directors of this
Company of IMI Ordinary shares at a price of 214 pence per share:

                Director                           No. of shares

                G J Allen                                23

                N C Paul                                 29

These transactions result from The Share Centre's quarterly income reinvestment.

Letter from:  J O'Shea, Company Secretary
              IMI plc