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Report & Accounts 2005

Directors' Report

The Directors recommend a final dividend of 9.00 pence per ordinary share (2004: 8.70p) to be paid on 26 May 2006 to ordinary shareowners on the register on 28 April 2006.

An interim dividend of 4.00 pence was paid on 14 October 2005, which makes a total of 13 pence per ordinary share for the period (2004: 12.50p).

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