Director Shareholding

Johnson,Matthey PLC
04 March 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                       £9.21

Date of Transaction                   02/03/2004

Date Company Informed                 03/03/2004

Total Holding Following this          Shares       Options    LTIP allocations
notification                            9287        86,230              47,795

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


Contact and telephone number for queries:

Brigid Conway 020 7269 8461


Name of authorised company official responsible for making this notification

Brigid Conway 020 7269 8461


Date of Notification:     4 March 2004



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