| To : Business Editor | For immediate release |
NET ASSETS PER SHARE
9th December 1998 -- Jardine Strategic Holdings Limited announces that as at 30th November 1998, the net assets per share of the Company were US$3.87.
Of the unaudited net assets per share of US$3.87, US$3.30 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 904.7 million shares outstanding at the end of November 1998 which exclude the cross-holding of 250.6 million shares held by Jardine Matheson Holdings Limited and a further 58.7 million shares held by a wholly-owned subsidiary of the Company.
For further information, please contact:
| Jardine Matheson Limited Neil M McNamara |
Tel : (852) 2843 8227 (office) |
| Ludgate Asia Limited Baxter Jolly |
Tel : (852) 2543 5413 (office) |
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