kresta comes out with a blinder

Date: 6/02/2003 4:01:04 PM Market Sensitive: Y
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Kresta Holdings Limited (Kresta) announces its intention to pay a
fully franked interim dividend of 2.0 cents per share be paid from
the operating profits for the half year ended 31st December, 2002.
The record date for payment of the dividend will be 18th February,
2002.

Kresta further announces an unaudited profit of $4.05 million for the
half year compared to a profit of $1.33million for the corresponding
period last year.

Payment of future dividends will be dependent upon the availability
of franking credits and sufficient cash reserves.

Convertible Note holders are reminded that shares issued on
conversion of notes prior to the record date, 18th February, 2003
will qualify for the dividend.


For further information please contact :

David Richards
COMPANY SECRETARY
(08) 9249 0704