Share repurchase etc

Jardine Matheson Hldgs Ld
3 October 2001

JARDINE MATHESON HOLDINGS LIMITED ('JMH')

1.         SHARE REPURCHASE

Please be advised of the following repurchase by JMH of its ordinary shares in
the market:-

Date of repurchase:                                     3 October 2001
Total number of shares repurchased:                     505,400 shares
Price paid per share:                                   US$5.65

The repurchase of shares is made in accordance with the listing rules of the
UK Listing Authority.

2.         SUBSTANTIAL SHAREHOLDER

Following the above repurchase and the completion of the cancellation in due
course by JMH of the relevant repurchased shares, the interest of Jardine
Strategic Holdings Limited ('JSH') in JMH will increase from 51.98 % to 52.02%. 
JSH's interest is made up as follows:-


                                                     No of shares      %
JSH                                                  212,214,132       33.77

Jardine Securities Limited                           100,460,881       15.99

Clare Investment and Trustee Company Limited           14,219,559        2.26

Total Holding                                        326,894,572       52.02


L E L A RICHARD, Matheson & Co., Limited,
London Secretaries of Jardine Matheson Holdings Limited

3 OCTOBER 2001