Dividend 2005
2005 Final Dividend of 25US cents/share - payment date 19 May 2006
| Dividend Dates | 2005 |
|---|---|
|
|
| Preliminary Annual Results | 1 March 2006 |
| Ex-Dividend date | 26 April 2006 |
| Deadline for return of currency election forms | 28 April 2006 |
| Record date | 28 April 2006 |
| Applicable exchange rate date | 12 May 2006 |
| Payment date | 19 May 2006 |
DIVIDEND EXCHANGE RATES for dividend payment of 19 May 2006
As Xstrata publishes its accounts in US dollars, the dividend payable on 19 May 2006 will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 28 April 2006 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 12 May 2006, being 7 days prior to the dividend payment date.
These rates are noted below and were published in the Financial Times on Saturday 13 May 2006:
| USD/GBP | USD/EUR | USD/CHF |
|---|---|---|
| USD1.8903 = £1 | USD1.2883 = EUR1 | USD1 = CHF1.2028 |
EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 19 May 2006
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:
| GBP/CHF | USD/CHF | EUR/CHF |
|---|---|---|
| £1 = 2.2737 | USD1 = 1.2028 | EUR1 = 1.5496 |
2005 Interim Dividend of 9US cents/share - payment date 14 October 2005
| Dividend Dates | 2005 |
|---|---|
|
|
| Interim Results | 10 August 2005 |
| Posting of Interim Report and currency election forms | 10 August 2005 |
| Ex-Dividend date | 21 September 2005 |
| Deadline for return of currency election forms | 23 September 2005 |
| Record date | 23 September 2005 |
| Applicable exchange rate date | 7 October 2005 |
| Payment date | 14 October 2005 |
DIVIDEND EXCHANGE RATES for dividend payment of 14 October 2005
As Xstrata publishes its accounts in US dollars, the dividend payable on 14 October 2005 will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 23 September 2005 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 7 Ocotber 2005, being 7 days prior to the dividend payment date.
These rates are noted below and were published in the Financial Times on Saturday 8 October 2005:
| USD/GBP | USD/EUR | USD/CHF |
|---|---|---|
| USD1.7599 = £1 | USD1.2116 = EUR1 | USD1 = CHF1.2797 |
EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 14 October 2005
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:
| GBP/CHF | USD/CHF | EUR/CHF |
|---|---|---|
| £1 = 2.2522 | USD1 = 1.2797 | EUR1 = 1.5504 |
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.