US dividends

BT's dividends are normally paid twice a year, with final dividends paid in September, and interim dividends paid in February. The dividend payment for ADR holders is normally one week after the payment date for the ordinary shares. Ordinary share dividend payments for 2002/03 to 2010/11 are:

BT Group plc

The charts below show all BT's dividends since 1985.

British Telecommunications plc

Qualifying holders of ADSs on record as of 6 August 2004 are entitled to receive the final dividend paid on 6 September 2004. The US dollar amount of the final dividend of 53p per ADS paid to ADS holders, is based on the exchange rate in effect on 6 September 2004, the date of payment to holders of ordinary shares.

* To maintain the percentage return to shareholders following the payment in September 1997 of the US$5.95 per ADS special dividend, the level of the dividend was adjusted downwards from February 1998 compared with previous payments.