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Ocean Wilsons Holdings Declares Interim Dividend
Hamilton, Bermuda: November 16, 2005 - OCEAN WILSONS HOLDINGS LIMITED (the "Company") (OCN.BH) intends to pay an interim dividend of 2.00cents per share on 30 November 2005 to shareholders on the register at close of business on 11 November 2005.
Shareholders will continue to receive dividends in sterling determined by reference to the exchange rate applicable to the US Dollar on the dividend record date, except for those shareholders that elect to receive dividends in US dollars
Where the shareholder has not elected to receive dividends in US Dollars the Company will translate the US dollar amount into sterling at the closing USD / GBP exchange rate on 11 November 2004 which was $1.7390 giving a interim dividend in sterling of 1.150p per share.