Investors / Dividends

Dividend 2003

Xstrata plc maintains a progressive dividend policy, which takes into account underlying growth in Group earnings, capital requirements and cash flows, while maintaining an appropriate level of dividend cover.

Interim and final dividends are generally paid in the approximate ratio of one-third and two-thirds of the total annual dividend. The Sterling, Euro or Swiss' Franc amount payable will be determined by reference to the exchange rates applicable to the US dollar 7 days prior to the dividend payment date. Dividends can be paid directly into a UK bank or building society account to shareholders who elect for their dividend to be paid in pounds sterling. Currency election and dividend mandate forms are available below. Please feel free to contact us for any additional enquiries you may have.

2003 Final Dividend of 13.3 US cents/share was paid on 21 May 2004

2003 Final Dividend of 13.3 US cents/share was paid on 21 May 2004
Description	Date
Please note in order for your request to be processed, completed forms must be returned to the Registrars no later than 24th September 2004. Any requests received after the 24th September 2004 will not apply for the dividend payable 15th October 2004, but only to subsequent dividends. Please download and complete the Xstrata currency election form (PDF, 37Kb) Please read this important dividend information (PDF, 75Kb)
Ex-Dividend date	28 April 2004
Deadline for return of currency election forms	30 April 2004
Record date	30 April 2004
AGM	6 May 2004
Applicable exchange rate date	14 May 2004
Payment date	21 May 2004

DIVIDEND EXCHANGE RATES for dividend payment of 21 May 2004

As Xstrata publishes its accounts in US dollars, the dividend payable on 21st May 2004 will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 30th April to receive this dividend in pounds sterling, Euros or Swiss Francs. The pound sterling, Euro or Swiss Franc amount payable will be determined by reference to the closing mid exchange rates applicable to the US dollar on Friday 14th May, being 7 days prior to the dividend payment date.

These rates are noted below and were published in the Financial Times on Saturday 15th May 2004:

Dividend exchange rates for dividend payment of 21 May 2004
USD/GBP	USD/CHF	USD/EUR
USD1.7597 = £1	USD1 = CHF1.2985	USD1.1856 = EUR1

EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 21 May 2004

For the purpose of the reclaim of Swiss withholding tax the Swiss tax authorities require that the gross amount of the dividend is reflected in Swiss Francs. The relevant foreign exchange rates agreed with the Swiss tax authorities that have to be applied for claiming the refund are as follows:

These rates are noted below and were published in the Financial Times on Saturday 15th May 2004:

Dividend exchange rates for dividend payment of 21 May 2004
GBP/CHF	USD/CHF	EUR/CHF
£1 = CHF2.2851	USD1 = CHF1.2985	EUR1=CHF1.5395

2003 Interim Dividend of 6.7 US cents/share was paid on 17 October 2003

2003 Interim Dividend of 6.7 US cents/share was paid on 17 October 2003
Description	Date
Please note in order for your request to be processed, completed forms must be returned to the Registrars no later than 26th September 2003. Any requests received after the 26th September 2003 will not apply for the interim dividend payable 17th October 2003, but only to subsequent dividends. Please download and complete the Xstrata currency election form (PDF, 110Kb) Please read this important dividend information (PDF, 82Kb)
Posting of Interim Report and currency election forms	17 September 2003
Ex-Dividend date	24 September 2003
Deadline for return of currency election forms	26 September 2003
Record date	26 September 2003
Payment date	17 October 2003

DIVIDEND EXCHANGE RATES for dividend payment of 17 October 2003

As Xstrata publishes its accounts in US dollars, the dividend payable on 17th October 2003 will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 26th September to receive this dividend in pounds sterling, Euros or Swiss Francs. The pound sterling, Euro or Swiss Franc amount payable will be determined by reference to the closing mid exchange rates applicable to the US dollar on Friday 10th October, being 7 days prior to the dividend payment date.

These rates are noted below and were published in the Financial Times on Saturday 11th October 2003:

Dividend exchange rates for dividend payment of 17 October 2003
USD/GBP	USD/CHF	USD/EUR
USD1.6666 = £1	USD1 = CHF1.3116	USD1.1804 = EUR1

EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 17 October 2003

Dividend exchange rates for dividend payment of 21 May 2004
GBP/CHF	USD/CHF	EUR/CHF
£1 = CHF2.1859	USD1 = CHF1.3116	EUR1 = CHF1.5482

Last Modified on February 2 2007, 16:09:41 PST