RAI Reynolds American (delisted)

Reynolds American Increases Cash Dividend 11% WINSTON-SALEM, N.C., July 13 /PRNewswire-FirstCall/ -- The board of directors of Reynolds American Inc. (NYSE:RAI) today declared an 11 percent increase in the company's quarterly cash dividend, increasing it to $1.05 per common share from $0.95 per share. The new quarterly dividend is payable Oct. 3, 2005, to stockholders of record on Sept. 9, 2005. The dividend increase is equivalent to increasing the annual dividend rate from $3.80 to $4.20 per share. (Logo: http://www.newscom.com/cgi-bin/prnh/20040720/CLTU061LOGO) "Increasing the dividend within one year of Reynolds American's creation as a public company demonstrates our commitment to continuing to provide an attractive return to shareholders," said Dianne M. Neal, RAI's chief financial officer. "Today's move by the board is the first step toward meeting the stated policy of paying out approximately 75 percent of net income in the form of a dividend." Reynolds American Inc. is the parent company of R.J. Reynolds Tobacco Company, Santa Fe Natural Tobacco Company, Inc., Lane Limited and R.J. Reynolds Global Products, Inc. R.J. Reynolds Tobacco Company, the second- largest U.S. tobacco company, manufactures about one of every three cigarettes sold in the United States, including five of the nation's 10 best-selling brands: Camel, Winston, KOOL, Salem and Doral. Santa Fe Natural Tobacco Company, Inc. manufactures Natural American Spirit cigarettes and other tobacco products, and markets them both nationally and internationally. Lane Limited manufactures several roll-your-own, pipe tobacco and little cigar brands, and distributes Dunhill tobacco products. R.J. Reynolds Global Products, Inc. manufactures, sells and distributes American-blend cigarettes and other tobacco products to a variety of customers worldwide. Copies of RAI's news releases, annual reports, SEC filings and other financial materials are available on the company's Web site, http://www.reynoldsamerican.com/. http://www.newscom.com/cgi-bin/prnh/20040720/CLTU061LOGO http://photoarchive.ap.org/ DATASOURCE: Reynolds American Inc. CONTACT: Investor Relations, Ken Whitehurst of Reynolds American Inc., +1-336-741-0951; or Media, Seth Moskowitz, +1-336-741-7698, for Reynolds American Inc. Web site: http://www.reynoldsamerican.com/

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