Stmnt re AGM/Dividend

Peel Hldgs PLC 3 September 2001 Peel Holdings p.l.c. - Annual General Meeting and Final Ordinary Dividend The Company has today despatched its Annual Report and Accounts for the year ended 31st March 2001 and written to shareholders concerning the Annual General Meeting and proposed final dividend. The letter informs shareholders that the Board:- * proposes to delay the Annual General Meeting from 26th September 2001 (the previously announced date) until a date to be announced, and * has declared a second interim dividend of 10.2p per ordinary share to be paid on 1st October 2001 (the same level of dividend and payment date as for the previously proposed final dividend), and * will recommend no final ordinary dividend payment in respect of the year ended 31st March 2001 at the subsequent Annual General Meeting. The second interim dividend will be paid to ordinary shareholders on the register at the close of business on 7th September 2001. As announced on 3rd August 2001, the Board expects to despatch a circular to shareholders concerning the reorganisation proposals towards the end of September.