Reynolds American Inc.'s (RAI) cigarette business is raising list prices of its Camel, Kool, Winston and Salem brands by 44 cents per pack effective March 16.

The company will raise prices of Pall Mall and Doral cigarettes by 41 cents per pack, a spokesman for the company said.

The increases come on heels of price increases by competitor Altria Group Inc. (MO), which early this week announced plans to raise prices on Marlboro and several other cigarette brands by 71 cents a pack. Altria said the move was primarily intended to cover the costs of a 61-cent a pack federal excise tax increase that goes into effect later this year.

-By Anjali Cordeiro, Dow Jones Newswires; 201-938-2408; anjali.cordeiro@dowjones.com