Cable & Wireless (LIME) – Share Capital Increase & Dividend

An interim dividend of four cents per stock unit is to be recommended at the AGM for payment on May 28, 1999 to shareholders registered at the close of business on May 5, 1999.

An increase in share capital from $9 billion to $11 billion as well as a two for 11 bonus issue is to be recommended at the 1999 Annual General Meeting.