Contents

NOTES TO THE FINANCIAL STATEMENTS

12. DIVIDENDS

2010

£m

2009

£m

Amounts recognised as distributions to equity holders in the year:

Interim dividend paid for the year ended 31 March 2009 : 6.75p (2008 6.25p) per share

23.6

21.8

Final dividend paid for the year ended 31 March 2009 : 14.25p (2008 13.56p) per share

49.8

47.3

73.4

69.1

Proposed dividends

Proposed interim dividend for the year ended 31 March 2010 : 6.95p (2009 6.75p) per share

24.5

23.6

Proposed final dividend for the year ended 31 March 2010 : 15.60p (2009 14.25p) per share

55.1

49.8

79.6

73.4

The proposed interim and final dividends have not been included as liabilities in these financial statements.

The proposed interim dividend for 2010 was paid on 1 April 2010 and the proposed final dividend is subject to approval by shareholders at the Annual General Meeting.