DIVIDENDS (February 18, 2008)

Note:

Royal Gold will pay $1.93 per sh on 7.25% man conv pr stk on Feb 15, rec Feb 1. Xstrata Canada will pay $0.2863 for pr sh series 3 on Mar 3, rec Feb 15, $0.40625 for prf sh series H on Mar 31, rec Mar 14 and a floating rate div for its pr sh series 2 on Jan 14, Feb 12 and Mar 12, rec dates Dec 31, Jan 31 and Feb 29.

Vale will pay $0.52* on common and pr sh to be paid in two installments on Apr 30 and Oct 31. Alcoa will pay qrtly div of $0.9375* per sh on US$3.75 cmltve pr stk paid Apr 1, rec Mar 14.

* = U.S. funds, ** = Mexican funds, f = formula, e = estimate