8th May 2008 12:35
Jardine Matheson Hldgs Ld08 May 2008 To: Business Editor For immediate release The following announcement was issued today to a Regulatory Information Serviceapproved by the Financial Services Authority in the United Kingdom. Jardine Matheson Holdings LimitedInterim Management Statement 8th May 2008 - Jardine Matheson Holdings Limited has today issued an InterimManagement Statement covering the period from 1st January to 7th May 2008 inaccordance with the requirements of the Disclosure and Transparency Rules issuedby the Financial Services Authority of the United Kingdom. During the period under review, Jardine Pacific's businesses continued toperform well and Jardine Motors is having a satisfactory start to 2008,particularly in mainland China. Jardine Lloyd Thompson is making good progressagainst the background of competitive trading conditions. Hongkong Land's commercial property markets in Hong Kong and Singapore haveremained robust, while Dairy Farm's operations are trading strongly. MandarinOriental's hotels have experienced some reduction in occupancy, which has beenoffset by increased rates, and certain of its development projects may besubject to delays in the current environment. Jardine Cycle & Carriage hasbegun the year on a positive note with Astra reporting a good increase in firstquarter earnings. Overall the Group has shown a promising start to 2008, but may face a moreuncertain economic environment as the year unfolds. Jardine Matheson is a diversified business group focused principally on Asia.Its interests include Jardine Pacific, Jardine Motors, Jardine Lloyd Thompson,Hongkong Land, Dairy Farm, Mandarin Oriental, Jardine Cycle & Carriage and AstraInternational. These companies are leaders in the fields of engineering andconstruction, transport services, insurance broking, property investment anddevelopment, retailing, restaurants, luxury hotels, motor vehicles and relatedactivities, financial services, heavy equipment, mining and agribusiness. - end - For further information, please contact: Jardine Matheson LimitedNeil M McNamara (852) 2843 8227 GolinHarrisNick Bradbury (852) 2501 7910 This and other Group announcements can be accessed through the Internet at 'www.jardines.com'. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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