the six months ended December 2006 totalling $2.046 million. This dividend is based on 10 cents per share for A-class shares and 5 cents per share for B-class shares and is the same as for December 2005.

The interim dividend is based on FHL's operating results for the first 6 months of the 2007 financial year, which recorded a net profit after tax of $2.262 million.

In making the announcement, the FHL Group Managing Director, Mr Sitiveni Weleilakeba noted that "while the FHL Group recorded positive results for the first 6 months of the financial year, the Group is currently faced with a very tough operating environment in the second half of the financial year and the short term outlook is challenging".

In compliance with South Pacific Stock Exchange Listing Rules, dividend payments commenced today, with dividend cheques ready for collection by shareholders from the Fijian Holdings Limited office, located on Level 7, Ra Marama, on 91 Gordon Street, Suva.

End

30th April 2007