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Company News

2006

Result of AGM

09/05/2006

At SJPC’s Annual General Meeting held on 9 May 2006, all the resolutions were duly passed. In accordance with paragraph 9.6.2 of the Listing Rules, SJPC has submitted two copies of the resolutions passed at the meeting (other than resolutions concerning ordinary business) to the UK Listing Authority.

A further announcement will be released relating to the effective date of change of Company name once confirmation has been given by the Registrar of Companies.

These documents will shortly be available for inspection at the UK Listing Authority’s Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. No. (0)20 7676 1000

All resolutions proposed at the AGM were carried on a show of hands. The audited proxy position at the AGM is set out below.

Resolution Description For and discretionary Against Abstain
1 Report and Accounts 369,711,210 172,194 1,476
2 Dividend 369,884,880 0 0
3 Elect John Edwards 369,593,390 185,527 105,963
4 Elect Mike Power 369,717,404 141,961 25,515
5 Elect Roger Walsom 369,713,210 144,155 27,515
6 Re-elect Ian Gascoigne 369,425,742 434,223 24,915
7 Re-elect Derek Netherton 368,762,326 596,215 526,339
8 Directors’ Remuneration Report 368,824,228 285,872 774,780
9 Re-appoint auditors 369,560,013 288,728 16,139
10 Authority to allot shares 369,829,615 37,220 18,045
11 Disapplication of pre-emption rights 369,792,869 60,716 31,295
12 Renewal of scrip dividend 369,867,361 11,798 5,721
13 Authority to purchase own shares 369,794,110 61,275 7,095
14 Change of Company name 369,560,442 114,495 187,543

Scrip dividend

SJPC also announces that pursuant to the scrip dividend mandate scheme, which was renewed at the Annual General Meeting held on 9 May 2006, the scrip dividend alternative in respect of the final dividend for the year ended 31 December 2005 was accepted in respect of 342,791,242 shares, representing approximately 76.1% of SJPC’s issued share capital on the dividend record date of 10 March 2006. Application will shortly be made to the UK Listing Authority and the London Stock Exchange for 2,071,983 additional ordinary shares of 15p each to be admitted to the Official List and to trading. It is expected that such listing will become effective and that dealings in the additional shares will commence on 17 May 2006. The above shares will rank pari passu in all respects with the existing issued ordinary shares in SJPC.

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