Yesterday it was announced that ICI India Limited's shareholders had approved the sale of those Synetix businesses owned by ICI India Limited to Johnson Matthey.

It is therefore expected that the acquisition of the Synetix businesses in India by Johnson Matthey will complete on 2nd December 2002. This will be the final stage of the transaction that was first announced on 23rd September 2002.

Enquiries:

Johnson Matthey

Ian Godwin
Group Corporate Communications Manager
020 7269 8410

Howard Lee / Laura Hickman
Gavin Anderson & Co
020 7554 1400