Director's Notification of Dealing in Shares

Johnson,Matthey PLC
5 July 2000


DEALINGS BY DIRECTORS

Name of Company
Johnson Matthey PLC

Name of Director
Mr D G Titcombe

Person with Holding(s)
Mr D G Titcombe and Mrs M Titcombe   

Registered Holder(s)
Mr D G Titcombe and Mrs M Titcombe

Connected Person(s)
Mrs M Titcombe

Nature & Extent of transaction
Mr D G Titcombe exercise of options over 91,384 shares
Mr D G Titcombe sale of 83,384 shares
Mr D G Titcombe transfer of 8,000 shares to Mrs M Titcombe
Mrs M Titcombe sale of 8,000 shares

Number of shares/amount of stock acquired
Mr D G Titcombe 91,384       

Percentage of Issued Class
Less than 0.01%    

Number of Shares/Amount of stock disposed of
Mr  D G Titcombe   83,384
Mrs M Titcombe      8,000
Total              91,384

Percentage of issued class
Less than 0.01%  

Class of security       
Ordinary £1 shares              

Price Per Share
Option exercise    37,351 @ 316.59p
                   11,496 @ 410.39p
                   18,770 @ 447.95p
                   23,767 @ 526.71p
Total              91,384

Sale 
Mr D G Titcombe   83,384 @ 945p
Mrs M Titcombe     8,000 @ 945p 
Total             91,384

Date of Transaction       
5 July 2000

Date Company Informed
5 July 2000


Total holding following this notification
                       Shares        Options       LTIP
D G Titcombe           19,550         83,124      82,094                
Mrs M Titcombe         16,983 


Total Percentage holding of Issued Class following this notification
Less than 0.01%              

Contact and telephone number for queries  
Ms Brigid T Conway 020 7269 8461

Name of authorised company official responsible for making this notification
Ms Brigid T Conway 020 7269 8461

Date of Notification:  5 July 2000