At a special meeting of the Board of Directors on March 26, 1997, the Directors approved the following resolutions:
That the directors have recommended a one to one bonus issue subject to the completion of authorization proceedings; to be considered and, if thought fit, approved by the members at the 1997 Annual General Meeting.
That an interim dividend in respect of the Financial year ending March 31, 1997, of four cents per share on the ordinary share of one dollar, be paid on May 16, 1997, to shareholders on record as at April 16, 1997.
