Dividend 2003

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

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:

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

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 seven 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.