Pernod Ricard's board of directors has approved the distribution of an interim cash dividend of € 0.98 per share on 11 January 2005.

This interim dividend is equal to 50% of the total cash dividend amount paid in relation to the 2003 financial year, in accordance with prior year practice.

The exceptional 18-month duration of the 2004-2005 financial year will lead to the distribution of two interim cash dividends and a financial year-end cash dividend.