Hamilton, Bermuda- 9th December 1999 -- Jardine Strategic Holdings Limited announces that as at
30th November 1999, the net assets per share of the Company were US$3.92.
Of the unaudited net assets per share of US$3.92, US$3.09 is attributable to the Company's interests in directly held businesses, other than Jardine Matheson, based on market price. The remainder is attributable to the Company's effective holdings in Jardine Matheson's businesses based on market price and adjusted to exclude its share of the market value of Jardine Strategic's businesses.
These calculations are based on unaudited information and on 887.7 million shares outstanding at the end of November 1999 which exclude the cross-holding of 267.6 million shares held by Jardine Matheson Holdings Limited.