On 8 August 2002, in connection with the publication of the interim 2002 results of ABN AMRO Holding N.V., it was announced that the 2002 interim dividend of EUR 0.45 will be paid out - at the shareholderÂ'Â's option - fully in ordinary shares against the share premium reserve or fully in cash (after deduction of 25% withholding tax on dividend). The value of the stock dividend will be – barring any rounding effects - equal to the value of the cash dividend.
The number of dividend rights of ordinary shares of EUR 0.56 nominal value entitling shareholders to 1 new ordinary share has been established at 36 today. Based on the average stock exchange price of EUR 16.375 on 29 August 2002, 1/36 portion represents a value of EUR 0.455, which is virtually equal to the value of the cash dividend.
(source: ABN Amro)
