7 Ordinary dividends

Ordinary dividends paid during the year were as follows:

Dividends amounting to £266,768 (2008: £68,735) in respect of the Company’s ordinary shares held by the Premier Farnell Executive Trust (note 19) have been waived in arriving at the aggregate of ordinary dividends paid.

The Directors are proposing a final dividend in respect of the financial year ended 1 February 2009 of 5.2 pence per share which will absorb £18.8 million of shareholders’ funds. This is subject to approval at the Annual General Meeting and thus has not been provided for at 1 February 2009. Once approved, the final dividend will be paid on 24 June 2009 to shareholders on the register of members on 29 May 2009.