Holding in Company

Johnson,Matthey PLC
10 July 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

JOHNSON MATTHEY PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

LEGAL & GENERAL INVESTMENT MANAGEMENT

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

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.

AS PER SCHEDULE BELOW

5)   Number of shares/amount of stock acquired.

57,537

6)   (0.03%) of issued Class

7)   Number of shares/amount of stock disposed

N/A

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY £1 SHARES

10)  Date of transaction

6 JULY 2001

11)  Date company informed

10 JULY 2001

12)  Total holding following this notification

6,682,387
              
13)  Total percentage holding of issued class following this notification

3.00%

14)  Any additional information



15)  Name of contact and telephone number for queries

LYNNE COSSEY       0207 269 8461

16)  Name and signature of authorised company official responsible for 
     making this notification

LYNNE COSSEY

     Date of Notification ..10 JULY 2001.................


Letter To Johnson Matthey
Dated 9 July 2001

Companies Act 1985 - Disclosure of Interest in shares

Consequent upon a transfer into management of 57,537 shares on the 06 July 2001,
we now hold the following number of shares which are not subject to a concert
party and will be registered as follows:

Material Interest

HSBC Global Custody Nominee (UK) Ltd A/c 775229         55,000
HSBC Global Custody Nominee (UK) Ltd A/c 886603        814,000
HSBC Global Custody Nominee (UK) Ltd A/c 775245      1,010,636
HSBC Global Custody Nominee (UK) Ltd A/c 361602         11,000
HSBC Global Custody Nominee (UK) Ltd A/c 252605        249,712
HSBC Global Custody Nominee (UK) Ltd A/c 360509        130,264
HSBC Global Custody Nominee (UK) Ltd A/c 357206      4,362,062
HSBC Global Custody Nominee (UK) Ltd A/c 866197          8,557
HSBC Global Custody Nominee (UK) Ltd A/c 130007         41,156

                                                     6,682,387       3.01%

Please note that this percentage is based on our understanding that your issued
share capital is 221,800,000

Contact:
Michelle Lawrence
0207 335 5063

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