Stock Exchange Announcement Shares Instead of Cash Dividends

Shareholders have elected to accept 155,501 ordinary shares in lieu of the Final Dividend. Application has been made to the UK Listing Authority and the Irish Stock Exchange for these 155,501 new ordinary shares to be admitted to the Official List of the UK Listing authority and the Official List of the Irish Stock Exchange and to the London Stock Exchange for such shares to be admitted to trading. The shares rank pari passu in all respects with the existing Ordinary Shares.

Copies of this announcement are available from the Company Announcements Office for two business days and from the registered office of the Company for fourteen days following the date of publication.

Ends.
Monday, 22nd May 2000