The Board of Directors has proposed a dividend of € 0.50 per unit, an increase of 25 per cent over the prior year's level. In addition, the Board has proposed that a special dividend of € 0.50 per unit should be paid to unitholders, reflecting the significant amount of cash received in respect of BAT shares disposed of during the year. The dividends will be payable following the annual general meeting in September 2005.
| The dividends will be paid as follows: |
Gross dividend per unit |
Withholding tax at 35% |
Net payable per unit |
|---|---|---|---|
| Ordinary dividend | |||
| Richemont SA, Luxembourg | € 0.460 | - | € 0.460 |
| Compagnie Financière Richemont SA, Switzerland | € 0.040 | (€ 0.014) | € 0.026 |
| € 0.500 | (€ 0.014) | € 0.486 | |
| Special dividend | |||
| Richemont SA, Luxembourg | € 0.500 | - | € 0.500 |
| € 1.000 | (€ 0.014) | € 0.986 |
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