Desnoes and Geddes Ltd. (DG) – Dividend & Bonus

The Board of Directors has proposed a final dividend of sixty cents per stock to shareholders on record as at November 17, 2000. Payment date is December 1, 2000 subject to shareholders’ approval. The Board has also recommended for the approval of the shareholders at the 2000 annual general meeting :an increase of $428.5 million in the authorised share capital by the creation 857 million ordinary shares of fifty cents each and for a 4:5 bonus issue. The record date is December 29, 2000.