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Grindlays Declares Monthly Dividends

Grindlays declares monthly dividend in Grindlays Super Saver Income Fund - Short Term Plan and Grindlays GSF Short Term - Monthly Dividend Option. The dividends under SSI Short Term Plan and GSF Short Term are 0.65 per cent and 0.60 per cent respectively. The record date for the dividends was August 29, 2002.