Brit Insurance Holdings Plc Dividend


LONDON, May 5, 2004 (PRIMEZONE) -- RNS Announcement

For immediate release

5 May 2004

BRIT INSURANCE HOLDINGS PLC

DIVIDEND

The Board of Brit Insurance Holdings PLC today announces that it has declared a first interim dividend for 2004 of 2.0 pence per ordinary share. The dividend will be paid on 28 May 2004 to all shareholders on the register at close of business on the record date of 14 May 2004. Ordinary shares will go ex-dividend on 12 May 2004.

Neil Eckert, CEO of Brit Insurance Holdings PLC, said: "We are delighted to be back on the dividend lists and in declaring this payment, the Company has today met one of its key objectives. This forms part of our ongoing policy of returning value to shareholders by paying not less than 70% of Group post tax profits as dividends."



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