
| To : Business Editor | For immediate release |
NET ASSETS PER SHARE
9th October 1996 -- Jardine Strategic Holdings Limited announces that as at 30th September 1996 the unaudited net assets per ordinary share of the Company were US$5.04 per share. On a fully diluted basis, assuming conversion of all the outstanding 600,811 convertible cumulative preference shares and exercise of all the outstanding 117.3 million warrants in the Company into 314.2 million ordinary shares, the net assets per ordinary share would have been US$4.61.
The aforementioned net assets calculations are based on the market price of the Company's holdings and an issued share capital of 1,003.2 million ordinary shares (excluding the 58.7 million shares held by a subsidiary).
For further information, please contact:
| Jardine Matheson Limited Neil McNamara |
Tel: (852) 2843 8227 |
| Ludgate Asia Limited Zoe Chan |
Tel: (852) 2543 5413 |
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