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Thu 9 Mar 2006, 12:23 Monteagle Holdings Societe Anonyme - Dividend Rati
MTE
 MTE                                                                             
Monteagle Holdings Societe Anonyme - Dividend Ratio                             
Monteagle Holdings Societe Anonyme                                              
("Monteagle")                                                                   
(Incorporated in Luxembourg - RC Luxembourg No. B 19600)                        
Share Code: MTE & ISIN Code: LU0035797272                                       
Declaration of dividend                                                         
Confirmation of South African Exchange Rate and dividend rate in respect of the 
Monteagle dividend                                                              
Further to the announcements to shareholders released on SENS on 21 December    
2005 and 8 March 2006, shareholders are hereby advised that the exchange rate to
be used will be US$ 1.00 =  R6,3063.                                            
This has been calculated as the average of the bid/ask spread as at 17h00       
(United Kingdom time) on 8 March 2006.                                          
Consequently the dividend of 8 US cents will be equal to 50,45 South African    
cents                                                                           
Last day to trade on the JSE and the                                            
Luxembourg Exchanges                  Thursday, 16 March 2006                   
Record date                           Friday 24 March 2006                      
Pay date                              Friday, 21 April 2006                     
9 March 2006                                                                    
Johannesburg                                                                    
Sponsor                                                                         
Imara Corporate Finance South Africa (Pty) Ltd                                  
Date: 09/03/2006 12:23:09 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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