09:46 DICKSON GROUP<00313> - Announcement (2) Based on the subscription results of the Rights Issue as referred to above, the aggregate number of the Rights Shares accepted and applied for represents approximately 208.56% of the total number of Rights Shares available under the Rights Issue. The aggregate number of Rights Shares accepted and applied for by the Major Shareholders represents approximately 35.21% of the total Rights Shares available for subscription. The Major Shareholders have confirmed that neither they nor any of their subsidiaries nor any of their respective associates have applied for any excess Rights Shares. Accordingly, the aggregate shareholding of the Major Shareholders in the Company remain unchanged at approximately 35.21% of the issued share capital of the Company as enlarged by the Rights Issue. As a result of the over-subscription of the Rights Shares, the Underwriter's obligations under the Underwriting Agreement ceased at 4:00 p.m. on Thursday, 27th January 2005. EXCESS APPLICATION Regarding 254 valid applications for 575,174,474 Rights Shares applied for by way of excess application, the Directors have resolved to allot, from among the Rights Shares allotted provisionally but not accepted, to the applicants such number of Rights Shares in the following manner: Excess Rights Shares applied for Number of valid applications Total number of Shares allotted Approximate percentage of allocation based on the total number of Rights Shares applied for in this category Allotment basis 1 - 39,999 40 923,849 100% In full 40,000 - 99,999 56 1,636,340 46.27% Odd lot in full plus additional allotted Shares at approximately 12.22 % on the remaining excess Rights Shares applied for (rounded up to a board lot of 20,000 Shares ("Board Lot")) 100,000 - 199,999 24 872,964 24.03% 200,000 - 299,999 55 2,549,950 20.03% 300,000 - 499,999 11 744,956 16.36% 500,000 - 999,999 16 1,790,008 13.97% 1,000,000 - 1,999,999 12 1,850,400 12.58% Odd lot in full plus additional allotted Shares at approximately 12.22 % on the remaining excess Rights Shares applied for (rounded down to a "Board Lot") 2,000,000 - 2,999,999 17 5,009,790 12.28% 3,000,000 - 5,999,999 8 3,562,800 12.22% 6,000,000 - 9,999,999 8 7,414,000 12.13% 10,000,000 - 60,000,000 6 19,240,000 12.02% Approximately 12.02 % 231,179,417 1 26,797,189 11.59% Approximately 11.59 % TOTAL 254 72,392,246 SHAREHOLDING STRUCTURE OF THE COMPANY The shareholding structure of the Company immediately before and after completion of the Rights Issue is as follows: Shareholders Immediately before completion of the Rights Issue Immediately after completion of the Rights Issue