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Altria Group, Inc
TickerMO

www.altria.com

120 Park Avenue
Richmond, VA  23230
USA
Phone917.663.4000

Company Information
Company Information
IndustryManufacturing (Miscellaneous)
  
# of Employees175000
  
OwnershipPublic Company
  
  
  
  
Fortune 1000 Rank23
Description
Although the company today known as Altria Group has only been in existence since 1985, our operating companies have roots that stretch back, in some instances well over 150 years. Kraft Foods, for example, has its origins in 1767 when Bayldon and Berry began selling candied fruit peel to the citizens of York, England. In the mid-nineteenth century, Philip Morris, Esq. opened his retail tobacco shop on London's Bond Street. That modest venture has grown to become Philip Morris USA, the largest tobacco company in the U.S., and Philip Morris International one of the largest tobacco companies in the world. Over the centuries these companies have grown individually and, more recently, as part of the Altria family of companies.


Top Executives
Executive NameTitle
Calantzopoulos, AndrePresident And Chief Executive Officer Of Philip Morris International Inc.
Calantzopoulos, AndréPresident And Chief Executive Officer
Camilleri, LouisChairman And Chief Executive Officer
Devitre, DinyarSenior Vice President And Chief Financial Officer
Greenberg, DavidSenior Vice President And Chief Compliance Officer
Mulligan, JohnPresident And Chief Executive Officer
Noble, JamesInternational & Group Vice President & CIO
Rosenfeld, IreneChief Executive Officer
Szymanczyk, MichaelChairman And Chief Executive Officer
      
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Recent Company Events
DateType of EventDetails
2008-02-27Earnings/DividendsNEW YORK--(BUSINESS WIRE)--Regulatory News:

The Board of Directors of Altria Group, Inc. (NYSE: MO) today declared a regular quarterly dividend of $0.75 per common share, payable on April 10, 2008, to stockholders of record as of March 19, 2008. The ex-dividend date is March 17, 2008.

In addition, Altria reaffirmed its intention to adjust its current dividend so that following the distribution of shares of Philip Morris International (PMI) to Altria stockholders, those stockholders who retain their Altria Group, Inc. and PMI shares will receive, in the aggregate, the same dividend dollars as before the distribution of PMI shares on March 28, 2008.

Following the distribution, PMIs initial annualized dividend rate will be $1.84 per common share and Altria Group, Inc.s initial annualized dividend rate will be $1.16 per common share. All decisions regarding future dividends will be made independently by the Altria Group, Inc. Board of Directors and the PMI Board of Directors, for their respective companies. Additional information about the PMI spin-off is available at http://www.altria.com/pmispinoff.



2008-01-30Earnings/DividendsNEW YORK--(BUSINESS WIRE)--Regulatory News: Altria Group, Inc. (NYSE: MO):

ALTRIA REPORTS 2007 RESULTS

2007 full-year diluted earnings per share from continuing operations of $4.33 versus $4.43 in 2006, including the items detailed on Schedule 8 -- Adjusted 2007 full-year diluted earnings per share from continuing operations up 8.1% to $4.38 versus $4.05 in 2006, including items detailed in Table 2 2007 fourth-quarter diluted earnings per share from continuing operations of $1.03 versus $1.14 for the same period in 2006, including the items detailed on Schedule 7 -- Adjusted 2007 fourth-quarter diluted earnings per share from continuing operations up 5.3% to $1.00 versus $0.95 for the same period in 2006, including items detailed in Table 2 PHILIP MORRIS INTERNATIONAL SPIN-OFF EFFECTIVE MARCH 28, 2008

Identifies new Board of Directors post-spin for both Altria and PMI Sets spin-off share distribution ratio of one-for-one Announces dividend policies, initial dividend rates and share repurchase programs -- Altria dividend policy anticipates payout ratio of 75% post-spin -- Altria initial post-spin annualized dividend rate of $1.16 per common share -- Altria post-spin share repurchase program of $7.5 billion over 2 years -- PMI dividend policy anticipates payout ratio of 65% post-spin -- PMI initial post-spin annualized dividend rate of $1.84 per common share -- PMI post-spin share repurchase program of $13.0 billion over 2 years To commence tender offer shortly for all outstanding Altria notes Forecasts 2008 earnings per share growth rates -- Altria 2008 full-year diluted earnings per share from continuing operations projected to grow approximately 9% to 11% from a 2007 adjusted base of $1.50, excluding PMI, which will be accounted for as a discontinued operation for the full-year 2008 -- PMI 2008 full-year diluted earnings per share from continuing operations projected to grow approximately 12% to 14% at current exchange rates, from a 2007 pro-forma adjusted base of $2.78 Altria Group, Inc. (NYSE: MO) today issued its 2007 full-year and fourth-quarter results and announced the spin-off of Philip Morris International Inc. (PMI). In conjunction with the PMI spin-off, the company identified the new Altria and PMI Boards of Directors, announced dividend policies, initial dividend rates and share repurchase programs for each company, and provided separate forecasts for 2008 earnings per share from continuing operations for Altria and PMI.

Todays announcement underscores our long-term commitment to build shareholder value, said Louis C. Camilleri, Chairman and Chief Executive Officer of Altria. The PMI spin-off and related actions position our international and domestic tobacco businesses for future success as stand-alone companies with unique and formidable strengths, including leading brands, strong cash flow, experienced leadership and solid growth prospects.

2007 was a watershed year, with strong underlying earnings growth and a number of strategic actions that further strengthen our tobacco businesses for long-term growth, Mr. Camilleri said. While we are by all means not immune to the current economic uncertainties, we enter 2008 with solid momentum and I am confident that both Altria and PMI are well positioned to not only weather these uncertainties, but to deliver strong results this year and beyond.

Conference Call

A conference call hosted by Mr. Camilleri with members of the investment community and news media will be webcast at 1:00 p.m. New York City Time on January 30, 2008. Access is available at www.altria.com.

Spin-Off of Philip Morris International (PMI)

The Board of Directors of Altria voted today to authorize the spin-off of 100% of the shares of Philip Morris International (PMI) to Altrias shareholders.

The distribution will be made on March 28, 2008, to Altria shareholders of record as of 5:00 p.m. New York City Time on March 19, 2008 (the record date).

Altria will dis
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