Directors' Notification of Dealing in Shares

Johnson,Matthey PLC
7 July 2000



DEALINGS BY DIRECTORS
Name of Company
Johnson Matthey PLC

Name of Director
Mr D W Morgan

Person with Holding(s)
as above and Mrs S Morgan

Registered Holder(s)
Mr D W Morgan and Mrs S Morgan

Connected Person(s)
Mrs S Morgan

Nature & Extent of transaction
Mr D W Morgan exercise of options over 10,315 shares
Mr D W Morgan sale of 10,315 shares
Mrs S Morgan sale of 5,000 shares

Number of shares/amount of stock acquired
Mr D W Morgan  10,315 shares       

Percentage of Issued Class
Less than 0.01%    

Number of Shares/Amount of stock disposed of
Mr  D W Morgan   10,315
Mrs S Morgan      5,000

Percentage of issued class
Less than 0.01%  

Class of security       
Ordinary £1 shares              

OPTION EXERCISE PRICE
Mr D W Morgan    10,315 @ 410.39p       

SHARE SALE PRICE
Mr D W Morgan    10,315 @ 957p
Mrs S Morgan      5,000 @ 957p 

Date of Transaction       
7 July 2000

Date Company Informed
7 July 2000

Total holding following this notification
                          Shares        Options       LTIP
Mr D W Morgan             10,213        120,301      35,122               
Mrs S Morgan               5,527 

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:  7 July 2000