Release Date: 2006/12/21
The board of directors has approved a distribution of 22 cents per share (2005: 18.5 cents per share) comprising a final cash dividend of 6.8 cents per share and a distribution out of share premium of 15.2 cents per share in lieu of a dividend (collectively “the distribution”) payable on Monday, 18 December 2006
to shareholders recorded in the register of the company at the close of business on Friday, 15 December 2006.
The last day to trade (“cum” the distribution) in order to participate in the distribution will be Friday, 8 December 2006 and the shares will trade “ex distribution” from the commencement of business on Monday, 11 December 2006. The record date will be Friday, 15 December 2006.
Distribution Policy
The dividend policy in the past has been to maintain the distribution cover ratio at 2.2 times, based on undiluted headline earnings per share, and it is expected that this policy will continue.
Distribution/Dividend History
| Distribution per share (cents) | Last day to trade | Payment date | |
| 2006 Final | 22.0 | 8 December 2006 | 18 December 2006 |
| 2006 Interim | 11.2 | 23 June 2006 | 3 July 2006 |
| 2005 Final | 18.5 | 8 December 2005 | 19 December 2005 |
| 2005 Interim | 11.2 | 17 June 2005 | 27 June 2005 |
| 2004 Final | 22.5 | 9 December 2004 | 20 December 2004 |
| 2004 Interim | 12.5 | 25 June 2004 | 5 July 2004 |
| 2003 Final | 15.1 | 28 November 2003 | 8 December 2003 |
| 2003 Interim | 10.9 * | 27 June 2003 | 7 July 2003 |
| 2002 Final | 14.1 * | 29 November 2002 | 9 December 2002 |
| 2002 Interim | 9.9 * | 28 June 2002 | 8 July 2002 |
* Capitalisation award with cash dividend option
Ends
Issued by Tier 1 Investor Relations on behalf of the Clicks Group
For further information kindly contact
Graeme Lillie, Tier 1 Investor Relations 021 702 3102 / 082 468 1507