Vector Group’s tobacco subsidiaries have a proud history of charting an independent course in the tobacco industry, dating from Liggett’s founding in 1873. In 1996, Liggett became the first tobacco company to settle certain smoking-related litigation. A year later, we led Liggett into its landmark announcement that smoking is addictive and causes cancer and other health ailments. To this day, Liggett – the fifth largest cigarette manufacturer in the U.S. – remains the only major tobacco company to carry “Smoking Is Addictive” warning labels on its cigarette packs and to list ingredients on its cartons. Liggett has a strong collection of discount cigarette brands, which includes Eve, Grand Prix, Pyramid and Liggett Select.Our Vector Tobacco subsidiary is focused on developing reduced risk cigarette products.Vector Group is also involved in the real estate business through its New Valley subsidiary. New Valley owns a 50% ownership interest in Douglas Elliman Realty LLC, which operates the largest residential real estate brokerage company in the New York metropolitan area. New Valley also holds investments in several significant real estate projects in California and New York.

Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in the United States and internationally. The company also manufactures machine-made large cigars and pipe tobacco; and maintains a portfolio of leveraged and direct finance leases principally in transportation, including aircraft, as well as power generation and manufacturing equipment and facilities. It serves wholesalers and distributors, large retail organizations and chain stores, and the armed services. The company was founded in 1919 and is headquartered in Richmond, Virginia.

Century Distributors is a full-line supplier of tobacco products and grocery items that caters to some 3,000 customers, including supermarkets, news stands, bookstores, office supply stores, convenience stores, and liquor stores throughout Maryland, Northern Virginia, and Washington, DC. Its products include frozen foods, health and beauty, foodservice, and tobacco, among others. The company boasts a more than 100,000-sq. ft. distribution warehouse. Other services Century offers include inventory control, manufacturer programs, and merchandising support. The mid-sized company is owned by Sheldon Sadugor and managed by his three children.

Reemtsma Cigarettenfabriken company produces a variety of brands, including Gauloises Blondes, Davidoff, Peter Stuyvesant, R1, and JPS. It sells its cigarettes through affiliated operations in more than 130 countries around the globe. Health-related legal complications have as yet not touched the company, since the majority of its sales come from areas outside those litigious towards cigarette makers. Reemtsma is a subsidiary of the UK's Imperial Tobacco.

The cigar-smoking fad may have lost some steam in other markets, but Altadis USA keeps rolling along. Created from the 2000 consolidation of HavaTampa Inc. and Consolidated Cigar Holdings, Altadis USA is a leading cigar maker nationwide that generates more than half of its parent Altadis, S.A.'s worldwide cigar sales. Altadis USA manufactures and markets both premium and mass-market cigars under well-known brand names such as Don Diego, El Producto, H. Upmann, and Montecristo. It also sells little cigars under the Dutch Treats and Supre Sweets brands, as well as humidors and cigar cases.

Governor's Distributors sells cigars and related tobacco products, as well as grocery items, to retail stores across the US. It also sells tobacco products and accessories, such as humidors, ashtrays, cutters, and torch lighters, to individuals through its Gotham Cigars Web site. The company is owned by the Balani family, who founded the company in 1997.

Imperial Tobacco Canada makes cigarettes, loose-leaf tobacco, and other tobacco-related products, including filter papers and tubes. It also operates marketing and event-planning subsidiaries. The company's brand names include du MAURIER, Player's, John Player, JPS, Matine, Peter Jackson, Sweet Caporal, Embassy, Hi-Dro, and others. Amid slumping sales, Imperial Tobacco in 2005 shuttered the last of its Canadian-based cigarette-making plants. Imperial Tobacco Canada was established in 1908 and is a subsidiary of British American Tobacco, one of the world's largest cigarette companies.

JR Cigar company that began as a small Manhattan cigar shop is now a leading distributor and retailer of premium cigars. Its retail operations include a few discount outlet stores (all in North Carolina) and a direct-mail catalog operation. Its stores also sell pipe tobacco, tobacco accessories, humidors, lighters, coffee, and other specialty items such as a Montecristo golf club set. Orders also are taken on the company's Web site, which features JR Cigar University. The company hosts auctions on its Web site, as well, at JR Cigar Auction. The online database contains extensive information on cigars -- everything from storing them to lighting them up.

British American Tobacco South Africa (BATSA) wants to smoke the competition by having its customers light up and keep the flame burning. The company makes and markets more than 27 brands, including local industry leaders Peter Stuyvesant and Lucky Strike. BATSA also buys more than 60% of all locally grown tobacco. In South Africa, the company is a smoking superstar, accounting for some 65% of the country's market share (which consists of nearly a quarter of the nation's adult population). BATSA was established in 1904 as United Tobacco Company. The company's current incarnation is a result of a combination of parent BAT and Rothmans International.

Lorillard, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. The company offers 44 different product offerings under the Newport, Kent, True, Maverick, Old Gold, and Max brands. It sells its products primarily to wholesale distributors, who in turn service the retail outlets, chain store organizations, and government agencies, including the U.S. Armed Forces. The company was founded in 1760 and is based in Greensboro, North Carolina. Lorillard, Inc. (NYSE:LO) operates independently of Loews Corp. as of June 10, 2008.

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