Dividends
The Directors intend to adopt a progressive dividend policy which will take into account the underlying growth in earnings of the Group, as well as its capital requirements and cashflows, whilst maintaining an appropriate level of dividend cover. The Directors intend that the Company will pay a final dividend in May 2008 in respect of the year ending 31 December 2007 and an interim dividend in October 2008 in respect of the half year to 30 June 2008. Thereafter, the Directors intend that the interim and final dividends will be paid in October and May in each year in the approximate proportions of one half for each period, having regard to the Group's cashflow throughout the year.