To: Business Editor

For immediate release

SEABROOK RETIRES AS MANAGING DIRECTOR OF DAIRY FARM

2nd August 1996 -- The Dairy Farm Group today announced that Mr Graeme Seabrook, Managing Director and Group Chief Executive, is stepping down for personal reasons to return to Australia and will retire from the Company on 1st September 1996.

Mr Chris Nelson, currently Chief Executive for Asia of Dairy Farm, has become acting Group Chief Executive pending the recruitment of a new Managing Director. When the new Managing Director is in place, Mr Nelson will return to Europe as previously announced.

"Graeme Seabrook has made an important contribution to the Group over the past eight years. Dairy Farm is now a substantial force in international retailing with particular strength in the Asia Pacific Region and Mr Seabrook has made a significant contribution in the regional expansion of Dairy Farm's businesses," said Simon Keswick, Chairman of the Dairy Farm Group.

Dairy Farm is an international food retailing group with principal supermarket operations in Asia, Australasia and Europe.

For more information please contact:

Jardine Matheson Limited Alasdair Morrison	Tel: (852) 2843-8388 (office)
Dairy Farm Management Services Limited Chris Nelson	Tel: (852) 2837-6483 (office)
Ludgate Asia Limited Martin Spurrier	Tel: (852) 2543-5413 (office)