Director Shareholding

IMI PLC
6 December 2000



LETTER TO COMPANY ANNOUNCEMENTS OFFICE

Pursuant to Section 329 of the Companies Act 1985, I hereby notify you that we
yesterday received notice from Mr M J Lamb, a Director of this Company, that on
4 December 2000 he sold 2605 IMI shares at £204.5p whilst affecting a matching
purchase of 2605 IMI shares into an existing PEP at a price of £205.5p

FROM IMI PLC