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Jardine Matheson Hdg (J36)

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Wednesday 15 October, 2003

Jardine Matheson Hdg

Holding(s) in Company

Jardine Matheson Hldgs Ld
15 October 2003

JARDINE MATHESON HOLDINGS LIMITED

DISCLOSURE OF INTEREST - SUBSTANTIAL SHAREHOLDER

On 15th October 2003, Jardine Strategic Holdings Limited's ('JSH') interest in
Jardine Matheson Holdings Limited ('JMH') decreased from 52.02% to 51.96% as a
result of the dilution of interest upon issue of shares by JMH in connection
with its scrip dividend scheme.  JSH's interest is made up as follow:-

JSH Discloseable Interest                         No. of shares            %


JSH                                               212,214,132              33.81
Jardine Securities (BVI) Limited                  100,460,881              16.01
Clare Investment and Trustee Company Limited       13,236,559              2.11
Other non-beneficial interests*                       170,355              0.03

Total Holding                                     326,081,927              51.96

*   Deemed interest in shares held by certain non-profit-making organizations, the trustees
    or nominees of which are associate companies of JSH.




Neil M McNamara, Jardine Matheson Limited
For and on behalf of Jardine Matheson Holdings Limited

15th October 2003

www.jardines.com


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