Dividend 2007
2007 Final Dividend of 34US cents/shares - payment date 16 May 2008
| Dividend dates | 2008 |
|---|---|
|
|
| Preliminary Results Announcement | 3 March 2008 |
| Ex-Dividend date | 23 April 2008 |
| Deadline for return of currency election forms | 25 April 2008 |
| Record date | 25 April 2008 |
| AGM | 6 May 2008 |
| Applicable exchange rate date | 9 May 2008 |
| Payment date | 16 May 2008 |
DIVIDEND EXCHANGE RATES for dividend payment of 16 May 2008
Xstrata publishes its accounts in US dollars and the dividend payable on 16 May 2008 will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 25 April 2008 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 9 May 2008, being 7 days prior to the dividend payment date.
These rates are noted below and were published in the Financial Times on Saturday 10 May 2008:
| USD/GBP | USD/EUR | USD/CHF |
|---|---|---|
| USD1.9463 = £1 | USD1.5433 = EUR1 | USD1 = CHF1.0441 |
EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 16 May 2008
For the purpose of reclaiming the 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 should be applied to claim the refund are as follows:
| GBP/CHF | USD/CHF | EUR/CHF |
|---|---|---|
| £1 =2.0320 | USD1 = 1.0441 | EUR1 = 1.6113 |
2007 Interim Dividend of 16US cents/share - payment date 12 October 2007
| Dividend dates | 2007 |
|---|---|
|
|
| Interim Results Announcement | 7 August 2007 |
| Ex-Dividend date | 19 September 2007 |
| Deadline for return of currency election forms | 21 September 2007 |
| Record date | 21 September 2007 |
| Applicable exchange rate date | 5 October 2007 |
| Payment date | 12 October 2007 |
DIVIDEND EXCHANGE RATES for dividend payment of 12 October 2007
As Xstrata publishes its accounts in US dollars, the dividend payable on 12 October 2007 will be paid in US dollars. The company has made arrangements for shareholders who so elected prior to 21 September 2007 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 5 October 2007, being 7 days prior to the dividend payment date.
These rates are noted below and were published in the Financial Times on Saturday 6 October 2007:
| USD/GBP | USD/EUR | USD/CHF |
|---|---|---|
| USD2.0418 = £1 | USD1.4143 = EUR1 | USD1 = CHF1.1771 |
EXCHANGE RATES FOR RECLAIM OF THE SWISS WITHHOLDING TAX for dividend payment of 12 October 2007
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 =2.4034 | USD1 = 1.1771 | EUR1 = 1.6647 |
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.