JC&C's Investment in Siam City Cement

The following announcement was issued today by the Company's 74%-owned subsidiary, Jardine Cycle & Carriage Limited.QUOTE

COMPLETION OF INVESTMENT IN A 24.9% INTEREST IN SIAM CITY CEMENT2nd April 2015 - Further to the announcement made by Jardine Cycle & Carriage Limited on 29th March 2015, the Board of Directors wishes to announce that completion and settlement of the acquisition of a 24.9% interest in Siam City Cement Public Company Limited took place today.With effect from completion, Siam City Cement will be accounted for as an associated company of JC&C.By order of the Board ofJARDINE CYCLE & CARRIAGE LIMITEDCorporate ProfileJardine Cycle & Carriage ("JC&C") is a leading Singapore-listed company and a member of the Jardine Matheson Group. It has an interest of just over 50% in Astra, a premier listed Indonesian conglomerate, as well as other motor interests in Southeast Asia. Together with its subsidiaries and associates, JC&C employs around 245,000 people across Indonesia, Malaysia, Singapore, Vietnam and Myanmar.Astra is the largest independent automotive group in Southeast Asia, with further interests in financial services, heavy equipment and mining, agribusiness, infrastructure and logistics and others, and information technology. JC&C has motor businesses operating in Singapore, Malaysia and Myanmar under the Cycle & Carriage banner, as well as other motor interests through Tunas Ridean in Indonesia and Truong Hai Auto Corporation in Vietnam. The JC&C Group represents some of the world's leading motoring marques including Mercedes-Benz, Toyota, Honda, Kia and Mazda.For further information, please contact:Jardine Cycle & Carriage LimitedHo Yeng Tat (+65) 6470-8108This and other Group announcements can be accessed through the Internet at www.jcclgroup.com.UNQUOTENeil M McNamara, Jardine Matheson Limitedfor and on behalf of Jardine Strategic Holdings Limited2nd April 2015www.jardines.com