1999 Final Dividend

Jardine Matheson Holdings Ld
22 May 2000


1999 Final Dividend

Pleased be advised of the following in respect of the scrip election for the
1999 final dividend of the above Company:

                    Market value of the shares
Final Dividend      for calculating the Scrip     Scrip Entitlement
per share           Entitlement (1)(per share)      Multiple (2)

US cents 17.20             US$4.572                  26.58140 



Note: (1) Average closing prices of the Company's shares on the               
 Singapore Exchange Securities Trading Limited for the           period
between 12 May to 19 May 2000, inclusive.
      (2) Based on the final dividend per share.



A W BARTLETT, Matheson & Co., Limited, London
Secretaries of Jardine Matheson Holdings Limited