NCB Capital Markets Limited has advised that the Board of Directors, at a Board Meeting held on November 27, 2007, declared:
An interim dividend of twenty five cents ($0.25) per ordinary stock unit. The dividend is payable on December 12, 2007 for stockholders on record on record as at 12 December 2007.
An interim dividend of 11.9 per cent annum in respect of the 11.75% per annum Cumulative Redeemable “A” Preference Stock Units on the amount of –
(i) $ 300,000,000 for the period July 28, 2007 to January 27, 2008. The approved interim dividend represents a dividend of 17.625 cents per stock unit.
(ii) $752,304,240 for the period August 17, 2007 to January 27, 2008. The approved interim dividend represents a dividend of 16.04 cents per stock unit.
The dividend is payable on January 28, 2008 to shareholders on records as at January 16, 2008.
For the financial year ended September 30, 2007 the Company achieved an annualized average Return on Equity of 21.07 per cent. A bonus dividend of 0.15 per cent was therefore considered and approved by the directors.
