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Friday 01 March, 2002

Knightsbridge Int.II

Dividend Declaration

Knightsbridge Integrated Hldgs II
1 March 2002

                                COMPANY ANNOUNCEMENT

For immediate Release March 1, 2002


                              Re: Payment of Dividend

The Directors of Knightsbridge Integrated Holdings II Limited (the 'Company')
wish to announce that the Company distributed US$25,000 per Unit (each
comprising of 1,000 shares of the Company). The record date was February 25,
2002 and the payment date was February 27, 2002.


Knightsbridge Advisers Incorporated     Ms Ellen Heald

Phone (+1 918) 336 0978

NCB Stockbrokers Limited                Ms. Emer O'Neill

Phone (+353 1) 611 5907

                      This information is provided by RNS
            The company news service from the London Stock Exchange

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