Origin Energy Limited ("Origin") today announced that the Board has amended its dividend reinvestment plan ("DRP") rules to operate from the next dividend for the period ended 30 June 2011.

Under the new rules, the number of shares to be issued to a Participant at each dividend payment will be rounded down to the nearest whole share, with any residual amount carried over as a cash balance in the Participant's DRP account (with no interest paid) and applied in acquiring further shares at the next dividend. Under the previous rules, the number of shares is rounded to the nearest whole share (up or down), with any residual lost by the Participant.

Other changes to the rules include providing more flexibility on the calculation of the DRP price, pricing methodology and period, and general modernisation of the rules.

• Revised DRP rules  (32KB)

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