The Board of Directors passed the following resolutions:
“That an interim Dividend of 50 cents be paid on each stock unit of the paid up capital stock of the Bank to the shareholders on record as at the close of business on December 16, 2004 and that the same be paid on January 13, 2005”.
“That it is desirable to increase the authorized Capital of the Company to $3,000,000,000 by the creation of an additional 1,500,000,000 ordinary shares of $1.00 each to rank pari passu in all respects with the existing ordinary stock in the capital of the company”.
