Dividends

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An interim dividend of 12.0 US cents per share in respect of the year ended 31 March 2005 was paid on 20 December 2004.

The board has proposed a final dividend of 26.0 US cents per share for the year, making a total of 38.0 US cents per share for the year, representing a dividend cover ratio of 2.6 times adjusted diluted earnings. Shareholders will be asked to approve this proposal at the annual general meeting, scheduled for 28 July 2005. In the event that approval takes place, the dividend will be payable on 5 August 2005 to those shareholders on either register on 8 July 2005. The ex-dividend trading dates as stipulated by the London Stock Exchange and the JSE Securities Exchange South Africa will be 6 July 2005 for shares traded on the London Stock Exchange and 4 July 2005 for shares traded on the JSE Securities Exchange South Africa, respectively. As the group reports in US dollars, dividends are declared in US dollars. They are payable in sterling to shareholders on the UK section of the register and in South African rand to shareholders on the RSA section of the register. The rates of exchange used for conversion will be those applicable on 13 May 2005, being the last practical date before the declaration date ($/£=1.8556 and R/$=6.3100). This results in an equivalent final dividend of 14.0116 UK pence for UK shareholders and 164.0600 SA cents for RSA shareholders. The equivalent total dividend for the year for UK shareholders is 20.4985 UK pence (2004: 17.2350 UK pence) and for RSA shareholders is 237.4868 SA cents (2004: 202.6501 SA cents).

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