Annual Report and
Accounts 2006

Year ended 31 July 2006


7. Dividends

  2006
£m
2005
£m
Final paid for the year ended 31 July 2005 of 17.6 pence per share (year ended 31 July 2004: 16.0 pence) 104 94
Interim paid for the year ended 31 July 2006 of 9.85 pence per share (year ended 31 July 2005: 8.8 pence) 58 5
Total 27.45 pence per share (2005: 24.8 pence) 162 145
Proposed final for the year ended 31 July 2006 of 19.55 pence per share (year ended 31 July 2005: 17.6 pence) 128 104

The final dividend will be authorised by the shareholders at the Annual General Meeting and is not included as a liability in these financial statements. The final dividend is based on an anticipated 657 million shares in issue on 6 October 2006, an increase of 59 million shares on the shares in issue as at 31 July 2006 due to a proposed placing.