great alaska tobacco co anchorage ak Alaska Legislature approves state's first tax on e-cigarette products G&P Fine Tobaccos Ltd.

We remain confident that modern oral innovations like Dryft and Velo will continue to find an adult consumer base seeking alternatives to traditional products. Enquiries British American Tobacco Press Office: Lydia Meakin / Anna Vickerstaff +44 (0) 20 7845 2888 (24 hours) | @BATPress Investor Relations Mike Nightingale: +44 (0)20 7845 1180 Victoria Buxton: +44 (0)20 7845 2012 William Houston: +44 (0)20 7845 1138 John Harney: +44 (0)20 7845 1263 Notes to Editors The acquisition The acquisition has been made through Modoral Brands Inc., an indirect, wholly owned subsidiary of BATs US subsidiary, Reynolds American Inc

6 / 13 One reason people smoke is that the nicotine helps them relax

That means we can offer lower pricing while meeting all state and employer requirements

This is because the general risk to a low interest rates / high nominal GDP environment is a rise in interest rates

or (iii) a conviction of an offence under the Act

The best choice for any smoker is still to quit tobacco and nicotine altogether