Heineken's board of directors has announced that an unchanged cash dividend of €0.40 per share of €1.60 nominal value will be distributed, which will be subject to 25% Dutch withholding tax.

The unchanged dividend is paid over the enlarged number of shares as a result of the share split that was effected by issuing five new shares of €1.60 nominal value for every four existing shares in 2004.

As an interim dividend of €0.16 was paid on 22 September 2004, the final dividend will be €0.24 per share. Heineken Holding N.V. shares will be quoted ex final dividend on 22 April 2005. The final dividend will be payable on 9 May 2005.