Director Shareholding

Johnson,Matthey PLC
21 January 2004


DEALINGS BY DIRECTORS


FOR IMMEDIATE RELEASE


Name of Company                                Johnson Matthey PLC

Name of Director                                  L C Pentz

Person with Holding(s)                         L C Pentz

Registered Holder(s)                           T Rowe Price Trust as the Trustee
of the Johnson Matthey Salaried Employees Savings Investment Plan (US)

Connected Person(s)                            n/a

Nature & Extent of transaction            Regular purchase of shares by the
                                          Trustee of the US Employee Savings 
                                          Investment Plan.

Number of Shares/Amount of
stock acquired                                      55


Percentage of Issued Class                   less than 0.01%


Number of Shares/Amount of               n/a
Stock Disposed

Percentage of Issued Class                   n/a

Class of Security                                  Ordinary £1 shares

Price Per Share                                    £9.53

Date of Transaction                              16/01/2004

Date Company Informed                      21/01/2004

Total Holding Following this      Shares     Options       LTIP allocations
notification                        9122       86230                  47795


Total Percentage Holding of                  Less than 0.01%
Issued Class Following this
Notification



Contact and telephone number for queries:

A L Sanderson 020 7269 8461



Name of authorised company official responsible for making this notification

A L Sanderson, 020 7269 8461



Date of Notification:     21 January 2004



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