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Jardine Strategic Holdings Limited


To : Business Editor For immediate release

The following announcement was issued to the London Stock Exchange on 1st June 2000.

Jardine Strategic Announces Results of Annual General Meeting

Bermuda, 1st June 2000 -- Jardine Strategic Holdings Limited today announced that the members' resolutions proposed at the Company's Annual General Meeting held earlier today did not receive the required majority and were not approved. The ordinary business of the meeting was approved.

Jardine Strategic is a holding company which takes long-term strategic investments in multinational businesses, particularly those with an Asian focus, and in other high quality companies with existing or potential links with the Group. Its principal interests are in Jardine Matheson (38%), Dairy Farm (55%), Hongkong Land (35%), Mandarin Oriental (58%) and Cycle & Carriage (25%).

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For further information, please contact:
 
Jardine Matheson Limited
Neil M McNamara
Tel:(1 441) 298 6011
 
Forrest International Limited
David DodwellTel:(852) 2501 7902
Sue Gourlay   (852) 2501 7936


Source: Jardine Strategic Holdings Limited
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