1st Apr 2005 10:30
Old Mutual PLC01 April 2005 Final Dividend for the year ended 31 December 2004 (No. 11) Currency Conversion In the preliminary announcement by Old Mutual plc of its results for the yearended 31 December 2004 published on 28 February 2005, the company announced arecommended final dividend of 3.5p per share or its equivalent in othercurrencies of payment using the exchange rates prevailing on 31 March 2005 (or30 March 2005, in the case of Zimbabwe, as 31 March was a public holiday there). The local currency equivalents of the proposed dividend have now beenestablished and are as follows: South Africa 41.28 South African cents per shareMalawi 7.238 Malawi Kwachas per shareNamibia 41.28 Namibian cents per shareZimbabwe 402.2 Zimbabwean dollars per share Subject to being approved by shareholders at the Annual General Meeting on 11May 2005, the final dividend will be paid on 31 May 2005. The record date for this dividend payment is the close of business on Friday, 22April 2005 for all the Exchanges where the Company's shares are listed. The lastday to trade cum-dividend on the JSE Securities Exchange South Africa ("JSE")and on the Namibian and Malawi Exchanges will be Friday, 15 April 2005, on theZimbabwe Stock Exchange, Thursday, 14 April 2005, and on the London StockExchange, Tuesday, 19 April 2005. The shares will trade ex-dividend from theopening of business on Monday, 18 April 2005 on the JSE and on the Namibian andMalawi Exchanges, from the opening of business on Friday, 15 April 2005 on theZimbabwe Stock Exchange, and from the opening of business on Wednesday, 20 April2005 on the London Stock Exchange. Share certificates may not be dematerialised or rematerialised on the SouthAfrican branch register between Monday, 18 April and Friday, 22 April 2005, bothdates inclusive, and transfers between the registers may not take place duringthat period (or from Friday, 15 April to Friday, 22 April 2005, both datesinclusive, in the case of Zimbabwe). Holders of 3.625 per cent. Guaranteed Convertible Bonds due 2005 of Old MutualFinance (Cayman Islands) Limited who wish to exercise their conversion rightsinto Old Mutual plc shares, must give notice in accordance with the terms of theBonds on or before Thursday, 21 April 2005, if they wish to convert into sharesthat qualify to receive the final dividend of 3.5p per share payable on 31 May2005. 1 April 2005 ENQUIRIES: Old Mutual plc UKMiranda Bellord +44 (0) 20 7002 7133 Old Mutual plc SANad Pillay +27 (0) 21 504 8026 For further information about Old Mutual plc visit www.oldmutual.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Old Mutual PLC