AF> DIVIDEND RE-INVESTMENT AND BONUS SHARE PLANS - CHANGE OR SUSPEND?

AF> This document was last updated on: 31 December 1995

AF> SUMMARY

AF> Andrew Freeman argues in a purely personal capacity

And he is a tad of a worry wart too |-)

AF> that generally where companies feel that their dividend
AF> re-investment and/or bonus share plan schemes are no longer
AF> suitable, they should be changed rather than suspended.

AF> He argues the key change needed generally is to reduce the discount
AF> to market which shares are allocated in such schemes to shareholders.

Corse they may well feel its too much trouble and bin the DRIP instead.

AF> Further information on his views is available:

He also has this rather weird way of talking about himself in the
third person. Hopefully this isnt a symptom of some mental illness.

--- PQWK202