RJR RJ Reynolds Tob Hlds

RJR Executives Establish Stock Trading Plans WINSTON-SALEM, N.C., Nov. 25 /PRNewswire-FirstCall/ -- Three executives of R.J. Reynolds Tobacco Holdings, Inc. have established stock trading plans under Rule 10b5-1 of the Securities and Exchange Act of 1934. Charles A. Blixt, executive vice president and general counsel; Dianne M. Neal, executive vice president and chief financial officer; and McDara P. Folan, vice president, deputy general counsel and secretary, filed plans to sell restricted shares issued to them as part of the company's long-term incentive program. The shares were granted in January 2001, will vest in January 2004, and be sold thereafter. The final number of shares vesting is contingent upon RJR and its subsidiaries meeting certain performance measures and will be determined at year-end 2003, but is not expected to exceed 16,000 shares in aggregate. In addition, Blixt established a 10b5-1 plan to sell approximately 70,000 tandem stock options granted to him in 1999, as well as about 16,700 stock options granted to him in 1995 and 1996. In accordance with RJR's share-ownership guidelines, all three executives will retain at least 25 percent of the original number of restricted shares granted to them since the company became public in 1999 in the form of RJR stock. This generally equates to 50 percent of the net proceeds after paying taxes. Rule 10b5-1 plans permit individuals who are not in possession of material nonpublic information to establish prearranged plans to buy or sell company stock. The rule allows individuals adopting such plans to sell shares over a specified period of time or at a specific price in the future, regardless of any subsequent material non-public information they receive. R.J. Reynolds Tobacco Holdings, Inc. is the parent company of R.J. Reynolds Tobacco Company and Santa Fe Natural Tobacco Company, Inc. R.J. Reynolds Tobacco Company is the second-largest tobacco company in the United States, manufacturing about one of every four cigarettes sold in the United States. Reynolds Tobacco's product line includes four of the nation's 10 best-selling cigarette brands: Camel, Winston, 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. Copies of RJR's news releases, annual reports, SEC filings and other financial materials are available on the company's website, http://www.rjrholdings.com/. DATASOURCE: R.J. Reynolds Tobacco Holdings, Inc. CONTACT: Media, Maura Payne, +1-336-741-6996, or Investors, Carole Biermann When, +1-336-741-5182, both of R.J. Reynolds Tobacco Holdings, Inc. Web site: http://www.rjrholdings.com/

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