Director Shareholding

IMI PLC
15 September 2004

JCB/pmg

15th September 2004

The Secretary
Company Announcements Office
UK Listing Authority
The Stock Exchange

Dear Sir

In accordance with Section 329 of the Companies Act 1985, I hereby notify you
that after the close of dealing on 14th September 2004, each of the following
Directors of this Company acquired a beneficial interest in the number of new
shares shown against his name, namely shares allotted to them free of charge
pursuant to their participation in the IMI Profit Sharing Plan (the Company's
All Employee Share Ownership Plan) at 364.08p per share.

Director                                        Number of shares

Martin Lamb                                            35
David Nicolas                                          34
Trevor Slack                                           35

In addition, in accordance with Section 329 of the Companies Act 1985, I hereby
notify you that after the close of dealing on 14th May 2004, each of the
following Directors of this Company acquired a beneficial interest in the number
of new shares shown against his name, namely shares allotted to them free of
charge pursuant to their participation in the IMI Profit Sharing Plan (the
Company's All Employee Share Ownership Plan) at 362p per share.

Director                                        Number of shares

Martin Lamb                                            828
Trevor Slack                                           828

Yours faithfully

J C Bower
Corporate Counsel/Deputy Company




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