With reference to the mandate granted at the shareholders meeting on 6 September 2002, the management board of Haslemere N.V. (the Â'Â'CompanyÂ'Â') announces that, with the approval of the supervisory board, it has decided to declare a dividend distribution from the share premium reserve of Â£ 5.46 per ordinary Eur 8 share. In addition, the management board, with the approval of the supervisory board, has decided to declare an interim dividend for the financial year 2002 of Â£ 1.10 per ordinary Eur 8 share. Therefore, the total dividend distribution will amount to Â£ 6.56 per share.
With effect from Friday 18 October 2002 the shares will be quoted ex-dividend.
The total dividend will be payable in cash from Wednesday 23 October 2002. The dividend will be paid in euros and for that purpose the sterling amount has been converted at the rate advised by the European Central Bank as per 16 October 2002 on its Internet site which results in a total dividend of Eur 10.38 per share. The total dividend in euros will be distributed after deducting dividend withholding tax in the Netherlands (25%).
In connection with these dividend distributions, the Company will file a summarised consolidated balance sheet as at 31 August 2002 (unaudited)