The Combined General Meeting of Pernod Ricard, held yesterday in Paris, approved a dividend distribution of €1.96 per share, an increase of 8.9%.  An interim dividend of €0.90 was paid on 14 January, while the balance of €1.06 will be payable from 25 May.

Shareholders also approved a proposal by the board of directors, to change the year end, which, in future, will run from 1 July to 30 June.  The current year in progress will therefore be extended by 6 months to a period of 18 months from 1 January 2004 to 30 June 2005.

Also, chairman Patrick Ricard was reappointed as a member of the board of directors for a period of four years. Richard Burrows and Pierre Pringuet, both director generals of Pernod Ricard, were appointed as members of the board of directors. They succeed Thierry Jacquillat whose term of office has expired and Jean-Jacques Laffont who died recently.