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8001 Aerial Center Parkway

Morrisville, NC 27560

USA

Phone	919.379.4300
Fax	919.379.4346

Company Information

Company Information
Industry	Consumer Products and Services

# of Employees	4700

Ownership	Public Company







Fortune 1000 Rank	811

Description

Alliance One International is a leading independent leaf tobacco merchant serving the world's largest cigarette manufacturers. The company was formed on May 13, 2005, as a result of the merger of DIMON Incorporated and Standard Commercial Corporation, both world leaders in tobacco processing. The creation of Alliance One brings together 200 years of combined experience and expertise, establishing a formidable competitor with a clear focus on its customers, as well as a vision for the future.

Alliance One selects, purchases, processes, packs, stores, and ships leaf tobacco. In certain developing markets, we also provide agronomy expertise and financing for the growing of leaf tobacco. Alliance One neither manufactures nor sells cigarettes or other consumer tobacco products. Our shares trade on the New York Stock Exchange under the ticker symbol AOI.

Top Executives

Executive Name	Title
Babb, Henry	Senior Vice President, Chief Legal Officer, Secretary
Cooley, James	Chief Financial Officer, Executive Vice President
Green, H.	Executive Vice President - Sales
Harrison, Robert	Chairman Of The Board, President, Chief Executive Officer
Kappaun, Hilton	Executive Vice President - Global Operations
Pappas, William	Senior Vice President, Chief Information Officer
Sikkel, J.	Executive Vice President – Business Strategy And Relationship Management
Sikkel, Pieter	Executive Vice President - Business Strategy And Relationship Management

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Recent Company Events

Date	Type of Event	Details
2008-02-15	Earnings/Dividends	Alliance One International, Inc. today announced improved results for the quarter and nine months ended December 31, 2007. Third Quarter Results For the third fiscal quarter ended December 31, 2007, the Company reported net income of $15.7 million, or $0.18 per basic share, compared to a net loss of $28.3 million, or $0.33 per basic share, for the same quarter of the prior fiscal year. For the nine months ended December 31, 2007, the Company reported net income of $33.1 million, or $0.38 per basic share, compared to a net loss of $15.4 million or $0.18 per basic share for the same quarter of the prior fiscal year. Robert E. Harrison, Chief Executive Officer, said "Sales, operating income, net income and other financial metrics for the quarter and nine months were ahead or improved compared to the prior year, driven by our operating plan execution in conjunction with strong commitment from our employees and customer base. "Our positive results were achieved despite challenging market conditions due to tightening world tobacco supplies, global capital markets concerns and further US dollar value erosion, all which are placing pressures on costs. To counter these pressures going forward, we remain focused on further operating efficiency improvements, additional debt reduction, currency risk management strategies and closer farmer bad debt monitoring. "While the capital markets environment remains turbulent, we will still continue to reduce debt in a controlled manner considering our strong cash flows from both operations and the sale of non core assets. In January we recently completed the cash sale of our closed Brazilian factory, making an additional $18.0 million available for debt reduction. At quarter end December 31, 2007, we had permanently reduced total debt net of cash by $233.1 million when compared to the prior year quarter end. Mr. Harrison concluded, "We are focused on our customer centric strategic imperatives and at the same time continue to manage costs, further reduce long term debt, and develop innovative product solutions for the future, all targeted to enhance shareholder value." Performance Summary for the Quarter The following is a brief overview of our financial results for the quarter ended December 31, 2007. For additional information and a more detailed discussion of these results, please refer to our Quarterly Report on Form 10 Q filed on February 15, 2008. Sales and other operating revenues increased 22.1% from $458.8 million in 2006 to $560.1 million in 2007, primarily the result of a 12.7 million kilo increase in quantities sold combined with improved average selling prices. Gross profit increased 22.4% from $60.7 million in 2006 to $74.3 million in 2007 and gross profit as a percentage of sales increased from 13.2% in 2006 to 13.3% in 2007, as a result of improved fixed cost absorption on higher sales volume excluding Africa, which had a smaller Malawi crop. Selling, administrative and general expenses decreased 2.3% from $38.7 million in 2006 to $37.8 million in 2007. The decrease is primarily due to decreased insurance costs and depreciation expense partially offset by increased compensation costs. Other income (expense) was an expense of $0.2 million in 2007 and income of $1.5 million in 2006. The income of $1.5 million in 2006 relates primarily to fixed asset sales. Restructuring and asset impairment charges were $6.2 million in 2007 compared to $5.5 million in 2006. Debt retirement expense of $1.6 million in 2007 relates to one time costs of retiring $23.0 million of senior notes during the quarter. Interest expense decreased $4.4 million from $26.5 million in 2006 to $22.1 million in 2007 primarily due to lower average borrowings during the quarter. Interest income increased from $1.6 million in 2006 to $2.7 million in 2007 primarily due to higher average cash balances. Effective tax rates were a benefit of 61

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