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Jardine Matheson Approves Sale of Robert Fleming Shares

Hamilton, Bermuda: 3 May 2000 - At the Special General Meeting of Jardine Matheson Holdings Limited held today, the ordinary resolution approving the sale of the Company's entire shareholding in Robert Fleming Holdings Limited to The Chase Manhattan Corporation pursuant to the offer announced on 11th April 2000 was duly passed.

Jardine Matheson is a multinational group of eight prime businesses focused primarily on the Asia-Pacific Region. Its operations employ some 150,000 people and its activities are leaders in the fields of financial services, supermarkets, consumer marketing, engineering and construction, motor trading, property and hotels. The Group is building its core businesses largely in Asia Pacific with the goal of enhancing shareholder value for the long term.