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.

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.

Reynolds American Inc., through its subsidiaries, manufactures cigarettes and other tobacco products in the United States. It offers cigarettes under the CAMEL, KOOL, PALL MALL, DORAL, WINSTON, SALEM, MISTY, and CAPRI brands, as well as under the DUNHILL, STATE EXPRESS 555, and NATURAL AMERICAN SPIRIT brands. The company also manufactures other tobacco products, including little cigars under the WINCHESTER and CAPTAIN BLACK brands; roll-your-own tobacco under the BUGLER brand; and moist snuff under the GRIZZLY and KODIAK brands. In addition, Reynolds American offers loose leaf chewing tobacco, dry snuff, and plug and twist tobacco products. It sells its products primarily through distributors, wholesalers, and other direct customers, including retail chains, as well as distributes cigarettes to public warehouses. The company was founded in 1875 and is headquartered in Winston-Salem, North Carolina.

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.

Rothmans company owns 60% of Rothmans, Benson & Hedges (RBH). RBH, Canada's #2 tobacco firm (Imperial Tobacco Canada is #1), makes and distributes cigarettes and roll- your-own tobaccos under top brands Craven "A" and Rothmans, as well as Belvedere, Benson and Hedges, Dunhill (licensed), Mark Ten, Number 7 (its best seller), and Viscount. RBH also distributes cut tobacco, mini-cigars, and pipe tobacco (Captain Black). Rothmans controls about a third of the Canadian tobacco product market. Philip Morris International (PMI) acquired Rothmans for about $2 billion in 2008.

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.

HM Sampoerna is one of the leading tobacco companies in Indonesia. We are the maker of some of the most well-known kretek (clove) cigarette brands such as Sampoerna Hijau, Sampoerna A Mild, and the legendary “King of Kretek” Dji Sam Soe. In fact, on May 18, 2005, when our company was acquired by Philip Morris International, we became part of one of the world’s largest tobacco companies. Today HM Sampoerna distributes Marlboro, the world’s best-selling cigarette brand, in Indonesia.Since our company was established in 1913, by our founder Liem Seeng Tee, our aim has been to offer the best smoking experience to adult smokers in Indonesia. We do this by continually seeking out what our consumers want, and delivering the best products to match their expectations. We are proud of our reputation for quality, innovation and excellence.

Nat Sherman makes and sells premium cigars, cigarettes, pipes, tobacco, and smoking accessories (ashtrays, cigar cutters and cases, humidors, lighters) throughout the US and in more than 40 countries worldwide. Exclusive brands include Fantasia (cigarettes), Maduro, Metropolitan, and Gotham (cigars). Run by the third-generation of the Sherman family, Joel Sherman (company president) and his son Bill (EVP), the firm operates a showroom on Fifth Avenue at 42nd Street in New York City and manufactures its products in Greensboro, North Carolina. The company was founded in the 1930s by its namesake, the tobacconist Nat Sherman.

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.

Imperial Tobacco Group has traded up to an even bigger throne. Its acquisition of Spain's Altadis in 2008 added the Montecristo and Ducados brands. Its purchase of German tobacco firm Reemtsma (Davidoff and West cigarettes) doubled its size and made it one of the world's top tobacco firms. Imperial's other brands include Lambert & Butler, the UK's #1 cigarette, as well as Castella cigars, and Amphora and St Bruno pipe tobacco. Its Drum brand is the #1 hand-rolling tobacco worldwide, and Rizla is a top cigarette paper. Acquisitions in Australia and New Zealand have assured Imperial's presence in emerging markets.

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