Yearly Dividend

Monteagle S.A.
23 December 1999

YEARLY DIVIDEND
SECURITY TITLE
*Ord Shs
MNEMONIC CODE         *MNE
SEDOL CODE            *009-212
DIVIDEND AMOUNT       *$0.085
PERIOD                *Year ended 30-09-99
PROVISIONAL EX DATE   *27-03-00
RECORD DATE           *31-03-00
PAYMENT DATE          *05-05-00
NOTES *