| AMATIL PROPOSES TWO-FOR-FIVE BONUS SHARE ISSUE | |
| Amatil Ltd <AMAA.S> said it proposes to | |
| make a two-for-five bonus issue out of its revaluation reserve | |
| to shareholders registered May 26. | |
| Shareholders will be asked to approve the issue and an | |
| increase in authorised capital to 175 mln shares from 125 mln | |
| at a general meeting on May 1, it said in a statement. | |
| The new shares will rank for dividends declared after | |
| October 31. Amatil, in which B.A.T. Industries Plc <BTI.L> | |
| holds a 41 pct stake, said it does not expect to maintain its | |
| latest annual dividend rate of 29 cents a share on the enlarged | |
| capital. | |