The Joint Ordinary and Extraordinary General Shareholders' Meeting of Pernod Ricard has approved the 2002 accounts and has decided the payment of a dividend of €1.80 per share, plus a tax credit of €0.90, thus giving a gross dividend of €2.70.

Taking into account the distribution of bonus shares (one-for-four) last February, the dividend has increased by 25% compared to the previous year, the company said in a statement.

The interim dividend was paid in January 2003 (and in March 2003 for the shares distributed in the bonus share issue).

The net balance of €0.90 will be paid on 15 May 2003.