Directors' Dealings

JOHNSON MATTHEY PLC


                            DEALINGS BY DIRECTORS

1)   NAME OF COMPANY

JOHNSON MATTHEY PLC

2)   NAME OF DIRECTOR

J N SHELDRICK
N A P CARSON

3)   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above
     or holding of that person's spouse or children under
     the age of 18 or in respect of a non-beneficial interest

AS IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than
     one holder, the number of shares held by each of 
     them. (If notified)

SHARE NOMINEES LIMITED AS THE PEP PLAN MANAGER OF THE JOHNSON MATTHEY SINGLE
COMPANY PEP

5)   Please state whether notification relates to a
     person(s) connected with the Director named in 2
     above and identify the connected person(s)

N/A

6)   Please state the nature of the transaction. For
     PEP transactions please indicate whether
     general/single co PEP and if discretionary/non
     discretionary

PURCHASE OF SHARES BY THE PEP PLAN MANAGER FROM DIVIDENDS PAID ON JOHNSON
MATTHEY SHARES HELD IN THE JOHNSON MATTHEY SINGLE COMPANY PEP.

7)   Number of shares/amount of
     stock acquired

J N SHELDRICK    32
N A P CARSON      4

8)   (LESS THAN 0.01% FOR ALL TRANSACTIONS)
    of issued Class

9)   Number of shares/amount
     of stock disposed

N/A

10)  (LESS THAN 0.01%)
    of issued Class

11)  Class of security

ORDINARY £1 SHARES

12)  Price per share

£5.74

13)  Date of transaction

6 OCTOBER 1999

14)  Date company informed

12 OCTOBER 1999

15)  Total holding following this notification

J N SHELDRICK  71,102
N A P CARSON   13,002

16)  Total percentage holding of issued class following 
     this notification      

LESS THAN 0.01%

      IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE COMPLETE 
                              THE FOLLOWING BOXES

17)  Date of grant

N/A

18)  Period during which or date on which exercisable

N/A

19)  Total amount paid (if any) for grant of the option

N/A

20)  Description of shares or debentures involved:
     class, number.

N/A

21)  Exercise price (if fixed at time of grant) or indication
     that price is to be fixed at time of exercise

N/A

22)  Total number of shares or debentures over which
     options held following this notification

N/A

23)  Any additional information

N/A

24)  Name of contact and telephone number for queries

MISS BRIGID CONWAY  0171 269 8461

25)  Name and signature of authorised company official
     responsible for making this notification
MISS BRIGID CONWAY
     Date of Notification....12 OCTOBER 1999.............