Payment of RePS Dividend

Bank of Queensland Limited announces a fully franked dividend for the Reset Preference Shares (ASX Code BOQPA) of 7.4148 per cent per annum for the period from and including 15 October 2002 (Last Dividend Payment Date) to but excluding 15 April 2003 (Dividend Payment Date) being a period of 182 days. This equates to a dividend of $3.70 per share.


Applicable dates are:

Ex-dividend date 27 March 2003
Record date 2 April 2003
Payment date 15 April 2003