Dividend Notification

R.E.A.Hldgs PLC
11 May 2000

HALF YEAR INTEREST
SECURITY TITLE
*12% Uns Loan Stk / 9% Cum Prf Shs
MNEMONIC CODE         *56IC / 54IC
SEDOL CODE            *718-819 / 718-563
DIVIDEND AMOUNT       *6% / 4.5%
PERIOD                *Period ending 30-06-00
PROVISIONAL EX DATE   *30-05-00
RECORD DATE           *05-06-00
PAYMENT DATE          *30-06-00
NOTES *