Transaction in Own Shares

Jardine Matheson Hldgs Ld
18 May 2004

JARDINE MATHESON HOLDINGS LIMITED ('JMH')

SHARE REPURCHASE

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

Date of repurchase:                             18th May 2004
Total number of shares repurchased:             220,000 shares
Highest price paid per share:                   US$9.85
Lowest price paid per share:                    US$9.70

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


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

18th May 2004

www.jardines.com


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