Altria Group, Inc. Completes Spin-off of Philip Morris International Inc.

Fri Mar 28, 2008 5:17pm EDT

* Reuters is not responsible for the content in this press release.

NEW YORK--(Business Wire)--
Regulatory News:

   Altria Group, Inc. (NYSE: MO) today completed the spin-off of
Philip Morris International Inc. (PMI) to shareholders of Altria
Group, Inc. (Altria).

   The distribution of 100% of the shares of PMI was made today to
Altria's shareholders of record as of 5:00 p.m. New York City Time on
March 19, 2008 (the "record date").

   Altria shareholders received one share of PMI stock for every
share of Altria common stock outstanding at 5:00 p.m. New York City
Time on the record date.

   As previously announced, Altria is moving its corporate
headquarters to Richmond, Virginia.

   PMI has mailed an Information Statement containing details of the
PMI spin-off to shareholders as of the record date. The Information
Statement and answers to frequently-asked questions (FAQs) are
available on Altria's investor website at www.altria.com/pmispinoff.

   PMI shares will begin regular way trading on the New York Stock
Exchange (NYSE) under the symbol "PM," as well as the NYSE Euronext
Paris and SWX Swiss exchanges, on March 31, 2008. Altria shares will
continue to trade under the symbol "MO" on the NYSE. Both Altria and
PMI will be constituents of the Standard & Poor's 100 and 500 Indices,
effective the same day.

   Registered Altria shareholders in the U.S. and Canada will receive
a statement from Computershare Trust Company (Computershare), the
distribution agent, reflecting their ownership of shares of Altria and
PMI. For additional information, registered shareholders in the U.S.
and Canada should contact Computershare by e-mail at
altria@computershare.com or by phone at 1-866-538-5172. Registered
shareholders outside the U.S. and Canada should call 1-781-575-3572.

   Holders of Altria shares through a broker, bank or other nominee
will have their brokerage account electronically credited with PMI
shares. For additional information, these holders should contact their
financial institution directly or call D.F. King & Co. at
1-800-290-6431.

   In connection with the listing of PMI on NYSE Euronext Paris, the
French Autorite des marches financiers (AMF) granted visa number
08-047 dated March 7, 2008 on the listing prospectus. French
shareholders may obtain copies of this prospectus (including the
translation in French of its summary) free of charge from PMI at 120
Park Avenue, New York, New York 10017, U.S.A. and from its paying
agent in France, CACEIS Corporate Trust (14, rue Rouget de Lisle,
92130 Issy-les-Moulineaux, postal address: 92862 Issy-les-Moulineaux
Cedex 9, Telephone +33 1 57 78 00 00). The prospectus is also
available on Altria's investor website indicated above and on the
AMF's website, www.amf-france.org.

   Swiss shareholders may order the Form 10 filed with the United
States Securities and Exchange Commission, which includes the
Information Statement, free of charge from Credit Suisse, Zurich
(phone 044 333 43 85, fax 044 333 23 88 or e-mail
equity.prospectus@credit-suisse.com).

PMI Investor Relations
Nicholas M. Rolli, 917-663-3460
or
Altria Investor Relations
Clifford B. Fleet, 804-484-8222

Copyright Business Wire 2008
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