Print   



NEW BRITAIN PALM OIL LIMITED ('NBPOL' or the 'Company')

DIVIDEND ANNOUNCEMENT

In relation to the Company's financial year ended 31 December 2008, the Directors of NBPOL (LSE: NBPO) announce that the Company proposes to pay a gross final dividend of 14 US cents per NBPOL share to shareholders on the Jersey register on 29 May 2009.  This equates to a net dividend receivable of 11.62 US cents per share (see note).

As a result, together with the net interim dividend of 11.62 US cents per NBPOL share paid on 31 October 2008, the aggregate net dividend receivable by NBPOL shareholders for the year ended 31 December 2008 will be 23.24 US cents per share.

Dividend details:

Ex-dividend date:	13 May 2009
Record date:	15 May 2009
Payment date:	29 May 2009

Note: The net dividend receivable is after 17 per cent PNG withholding tax that generally applies to dividends paid by a PNG resident company to its shareholders, regardless of whether the shareholder is resident in PNG or not.

Enquiries:

New Britain Palm Oil Limited                Tel: +44 (0)20 7554 1400

David Dann

Singer Capital Markets Limited            Tel: +44 (0) 20 3205 7500 

Nicholas How

Richard Savage

Kreab Gavin Anderson                         Tel: +44 (0)20 7554 1400 

(Financial PR Adviser)                         Email: nbpol@kreabgavinanderson.co.uk 

Ken Cronin

Janine Brewis

Anthony Hughes

Website: www.nbpol.com.pg 

ENDDIVUKUWRKRRORRR