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S.Korea's KT&G says wins $476 mln cigarettes order

Mon Jan 21, 2008 1:02am EST

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SEOUL, Jan 21 (Reuters) - KT&G Corp (033780.KS), South Korea's top tobacco company, said on Monday it had agreed to sell 450.7 billion won ($476.3 million) worth of cigarettes to Alokozay International Limited.

KT&G said in a filing to the Korea Exchange that those cigarettes would be sold in the Middle East and Russia.

Alokozay International Ltd's website describes the Alokozay group as a major organisation in the tea and cigarette industries. The site says the group comprises three main companies in the United Arab Emirates. ($1=946.3 Won) (Reporting by Cheon Jong-woo; Editing by Keiron Henderson)



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