Dividend Declaration

Dividend Statement

As foreshadowed in the announcement of the Company's results for the six months
to 30 September 2007, the Board has today approved and declared a second
interim dividend in respect of the year to 31 March 2007 of 4.40 pence per
share. This dividend will be paid on 9 February to shareholders on the register
on 2 February 2007. The ex-dividend date will be 31 January 2007.

A first interim dividend of 4.40 pence per share was paid on 24 November 2006.
In accordance with the previous announcement it is expected that a third
interim dividend in respect of the current year of 4.40 pence per share will be
paid in May 2007. The final dividend to be paid in July will be determined when
the final results are available. In the absence of unforeseen circumstances the
Board does not expect that this final payment will be less than each of the
three preceding ones. The Company will accordingly meet its second Investment
Objective, to increase dividends at a rate above that of UK inflation.

19 January 2007

Enquiries:

Stephen Westwood : Fidelity International 0207 961 4477

Richard Miles : Fidelity International 0207 961 7844