Holding(s) in Company

Jardine Matheson Hldgs Ld
16 May 2002


JARDINE MATHESON HOLDINGS LIMITED ('JMH')

DISCLOSURE OF INTERESTS - SUBSTANTIAL SHAREHOLDERS

On 16th May 2002, the following substantial shareholders' interests in JMH changed as a result of the
dilution of interests upon issue of shares by JMH in connection with its scrip dividend scheme:-

(i)    Jardine Strategic Holdings Limited ('JSH')

       JSH's interest in JMH decreased from 52.19% to 51.98%.  JSH's interest is made up as follows:-

                                                                    No. of shares                      %

       JSH                                                              212,214,132                33.74
       Jardine Securities Limited                                       100,460,881                15.97
       Clare Investment and Trustee Company Limited                      14,281,559                 2.27
       Total Holding                                                    326,956,572                51.98


(ii)   Jardine Securities Limited ('JSL')

       The interest of JSL, a wholly-owned subsidiary of JSH, in JMH decreased from 16.03% to 15.97%.



Neil M McNamara, Jardine Matheson Limited
for and on behalf of Jardine Matheson Holdings Limited

16th May 2002

www.jardines.com


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