DCC PLC
18 December 2007
Dividend from Manor Park
DCC plc ('DCC') announces that, following a share capital reorganisation by its
49% owned associate, Manor Park Homebuilders Limited ('Manor Park'), DCC has
received a dividend of €172 million from Manor Park, as franked investment
income.
The dividend received by DCC will give rise to an exceptional profit of
approximately €86 million. DCC now expects to report an overall Group
exceptional profit for the year as a whole of approximately €25 million.
Following the receipt of this dividend, the value of DCC's 49% shareholding in
Manor Park is no longer material.
For reference, please contact:
Jim Flavin, Executive Chairman or Gerard Whyte, Group Secretary
Tel: +353 1 2799 400
Email: [email protected]
www.dcc.ie
This information is provided by RNS
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