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Jardine Strategic Holdings Limited


To: Business EditorFor immediate release

RESULTS OF JARDINE STRATEGIC HOLDINGS LIMITED PUT WARRANT AUCTION

15th April 1997 - Jardine Strategic Holdings Limited today announced that on 15th April 1997 SBC Warburg sold on the Company's behalf 3,906,159 Put Warrants at an average price of US¢26 per Put Warrant. It is expected that cheques for the proceeds will be issued to relevant shareholders no later than 22nd April 1997.

- end -

For further information, please contact:



Jardine Matheson Limited
Neil M McNamara
Tel: (852) 2843 8227
Ludgate Asia Limited
Martin Spurrier
Tel: (852) 2543 5413

This announcement can be accessed through the Internet at "http://www.irasia.com/listco/sg/jsh" and is also available through "First Call".


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