The interim dividend of 4.8 pence will be paid on 18 February 2005 to shareholders on the register at the close of business on 21 January 2005. The current period charge of £27.4 million includes a £2.5 million final dividend payment for the year ended 31 March 2004, following conversion of the 6% Irredeemable Convertible Bonds.
The company offers shareholders the option to participate in a Dividend Reinvestment Plan. This enables shareholders to reinvest their cash dividends automatically in the company's shares. Details of the plan are available on the Investors section of the British Land website at www.britishland.com or by calling Lloyds TSB Registrars' DRIP helpline on 0870 2413018.
For plan participants the key dates for the interim dividend are:
- 28 January 2005
- Last date for DRIP applications (new applicants only)
- 18 February 2005
- Payment date/dividend reinvestment date
- 3 March 2005
- New share certificates/CREST statements posted
- 4 March 2005
- CREST member accounts credited
