Griqualand West - Dividend Declaration

RNS No 5725d
GRIQUALAND WEST DIAMOND MINING COMPANY
20 May 1999


GRIQUALAND WEST DIAMOND MINING COMPANY DUTOITSPAN MINE LIMITED
Incorporated in the Republic of South Africa
Company Registration No. 11/00013/06


NOTICE OF DIVIDEND DECLARATION

Notice is hereby given that a dividend of 20,5 cents (1998:20,5 cents) per
ordinary share being the interim dividend in respect of the year ending 31
December 1999 has been declared payable to ordinary shareholders registered 
in the books of the Company at the close of business on Friday, 25 June 1999.

CONDITIONS OF PAYMENT OF DIVIDEND

The dividend is declared in the currency of the Republic of South Africa.

Dividend warrants will be posted from the offices of the transfer secretaries
in Kimberley or from the offices of the registrar in the United Kingdom on or
about Monday, 2 August 1999, in terms of paragraphs 1 and 2 below.

1(a)    In the case of

        (i)   shareholders with registered addresses in Europe (including the 
              United Kingdom), or

        (ii)  shareholders who have mandated payments to addresses in Europe, 
              or

        (iii) shareholders who have requested payment in United Kingdom       
              currency,

warrants will be posted from the United Kingdom and will be drawn in United
Kingdom currency converted at the rate of exchange applicable on Monday, 28
June 1999 less appropriate taxes.

1(b)     Shareholders referred to in paragraph 1(a) above may, however, elect 
         to be paid in South African Rands provided that any such request is  
         received by the Company's South African transfer secretaries or its  
         United Kingdom registrar on or before Friday, 25 June 1999.

2.       In the case of

         (i)   shareholders whose registered addresses are elsewhere than in  
               Europe (including the United Kingdom), or

         (ii)  shareholders who have mandated payments to addresses outside   
               Europe, or

         (iii) shareholders who have elected to be paid in South African Rands
               in terms of paragraph 1(b) above, 

the dividend will be paid from Kimberley in South African Rands.

Any change of address or dividend instruction involving a change of office of
payment to apply to this dividend must be received by the Company's transfer
secretaries/registrar on or before Friday, 25 June 1999.  In this regard,
shareholders must, where necessary, have obtained the approval of the South
African exchange control authorities or any other exchange control authorities
having jurisdiction in respect thereof.

In respect of dividends payable from the offices of the United Kingdom
registrar on account of shareholders whose registered addresses are in the
United Kingdom and on account of other shareholders who have mandated payment
of their dividends to addresses in the United Kingdom, the United Kingdom 
registrar will deduct  United Kingdom  income tax at the applicable rate of 
20 per cent, except where authority has been received from the Inspector of
Foreign Dividends to pay without such deduction.  In all other cases no United
Kingdom income tax will be deducted.




By order of the board
DE BEERS CONSOLIDATED MINES LIMITED
Secretaries


Per :  M J WARD       20 May 1999



South African Transfer Secretaries :          Registered Office :

De Beers Consolidated Mines Limited           36 Stockdale Street
36 Stockdale Street                           KIMBERLEY  8301
KIMBERLEY 8301, South Africa                  South Africa
(P O Box 616
KIMBERLEY 8300)


United Kingdom Registrar:                     Office of London Secretary:     
 

Computershare Services PLC                    17 Charterhouse Street
P O Box 82                                    LONDON
Caxton House                                  EC1N 6RA
Redcliffe Way                                 England
BRISTOL BS99 7NH
England



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