Berger Paints Ltd. (BRG) – AGM Resolution

At a meeting on March 20, 1998, the Board of Directors resolved that the annual general meeting of the company be held on Friday, June 26, 1998 at 2:30 p.m. at the Jamaica Pegasus Hotel and that it be recommended to shareholders that a dividend of twenty three cents per ordinary stock unit be paid in respect of the year ended December 31, 1997. The record date is July 13, 1997 and the payment date is August 7, 1998.