Director Shareholding

Johnson,Matthey PLC
18 December 2003

DEALINGS BY DIRECTORS

Name of Company

Johnson Matthey PLC



Name of Director

C R N Clark

N A P Carson

P N Hawker

D W Morgan

J N Sheldrick



Person with holding(s)

As above



Registered Holder(s)

Mourant ECS Trustees Ltd as the Trustee of the Johnson Matthey

Share Incentive Plan.



Connected person(s)

n/a



Nature & extent of transaction

Regular monthly acquisition of shares via the Johnson Matthey

Share Incentive Plan



Number of shares/amount of stock acquired

C R N Clark       42

N A P Carson      42

P N Hawker        42

D W Morgan        42

J N Sheldrick     42



Percentage of issued class

Less than 0.01%



Number of shares/amount of stock disposed

n/a



Percentage of issued class

n/a



Class of security

Ordinary £1 shares



Price per share

£9.50



Date of transaction

17 December 2003



Date company informed

18 December 2003



Total holding following this notification

C R N Clark   17,720

N A P Carson  44,815

P N Hawker     6,906

D W Morgan    35,276

J N Sheldrick 92,222



Total percentage holding of issued class following this notification

0.9%



Contact and telephone number for queries

Lynne Sanderson

020 7269 8461



Name of authorised company official responsible for making this notification:

Lynne Sanderson

020 7269 8461



Date of Notification:   18 December 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange                   LJ