Press Release: Payments by Philip Morris International, inc. Under the Anti-Contraband and Anti-Counterfeit Agreement: the European community and 10 Member States agree the distribution of approximately 1 billion USD

Under the Anti-Contraband and Anti-Counterfeit Agreement (the “Agreement”) entered into on 9 July 2004 between PMI, the European Community (EC) and ten Member States (Belgium, Finland, France, Germany, Greece, Italy, Luxembourg, the Netherlands, Portugal and Spain) to combat the illicit trade of cigarettes, PMI agreed to pay approximately US $1 billion to the EC and the ten Member States over a period of twelve years. The ten Member States and the European Commission, on behalf of the EC, have now confirmed their arrangement for the distribution of these payments. This arrangement came into effect following confirmation by Vice-President Kallas to the Finance Ministers of the ten Member States which, along with the EC, were the original parties to the agreement with PMI. It applies to the payments already received from PMI since 2004, and to the future annual payments that will be paid through 2016.