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Press Release
Household International Declares Regular Dividends
The Board also declared the following cash dividends payable January 15, 2003, to shareholders of record on December 31, 2002:
- $20.625 per share, equal to $0.515625 per depositary share, on the 8ΒΌ% cumulative preferred stock, Series 1992-A (a depositary share represents ownership of one-fortieth of a full share of the Series 1992-A).
- $18.75 per share, equal to $0.46875 per depositary share, on the 7.50% cumulative preferred stock, Series 2001-A (a depositary share represents ownership of one-fortieth of a full share of the Series 2001-A).
- $19.00 per share, equal to $0.475 per depositary share, on the 7.60% cumulative preferred stock, Series 2002-A (a depositary share represents ownership of one-fortieth of a full share of the Series 2002-A).
- $22.027777 per share, equal to $0.550694 per depositary share, on the 7 5/8% cumulative preferred stock, Series 2002-B (a depositary share represents ownership of one-fortieth of a full share of the Series 2002-B). This rate represents a long dividend period of 104 days from the September 17, 2002 original issuance date through December 31, 2002.
- $1.25 per share on the 5% cumulative preferred stock.
- $2.25 per share on the $4.50 cumulative preferred stock.
Household's businesses are leading providers of consumer loans, credit cards, auto finance and credit insurance products in the United States, United Kingdom and Canada. In the United States, Household's largest business, founded in 1878, operates under the two oldest and most recognized names in consumer finance - HFC and Beneficial. Household is also one of the nation's largest issuers of private label and general-purpose credit cards, including The GM Card® and the AFL-CIO's Union Plus® card. For more information, visit the company's website at www.household.com.
CONTACTS:
Craig A. Streem, Vice President -- Corporate Relations and Communications, (847) 564-6053,
Celeste M. Murphy, Director -- Investor Relations, (847) 564-7568,
both of Household International
