Shares Purchase etc

Jardine Strategic Hldgs Ld
02 March 2004

JARDINE STRATEGIC HOLDINGS LIMITED ('JSH')


1.   SHARES PURCHASED BY JARDINE MATHESON HOLDINGS LIMITED ('JMH')

     Please be advised of the following acquisition of JSH shares in the market by JMH Investments Limited,
     a wholly-owned subsidiary of JMH.  JMH is a subsidiary of JSH.

     Date of purchase:                           2nd March 2004
     Total number of shares purchased:           1,110,000 shares
     Price paid per share:                       US$4.95

     The acquisition of shares is made in accordance with the share repurchase guidelines agreed with the
     UK Listing Authority which is applicable to JSH.

2.   DISCLOSURE OF INTEREST - SUBSTANTIAL SHAREHOLDER

     Following the abovementioned shares acquisition, JMH's interest in JSH increased from 78.98% to
     79.08%.  JMH's interest is made up as follows:-

     JMH Discloseable Interest                              No. of shares                       %


     JMH Investments Limited                                   824,133,747                  78.69
     (a wholly-owned subsidiary of JMH)

     Jardine Foundation                                          4,048,500                   0.39
     (a non-profit-making organization, the trustee of
     which is a wholly-owned subsidiary of JMH)

     Total Holding                                             828,182,247                  79.08




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

2nd March 2004


www.jardines.com


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