Dividend Declaration - 22 December 2017

The Board has declared an interim dividend for the financial year ended 31 March 2018 of 2.10 pence per share. This will be paid on or around 2 February 2018 to shareholders on the register at the close of business on 5 January 2018. The ex-dividend date was 4 January 2018.

The Company’s policy is to pay regular dividends every 6 months, typically in June and December following publication of Year End and Interim Accounts respectively.