Altria Financial Data Disclosure
21 October 2009
Today, Altria Group, Inc. (Altria) has released its results for the fiscal nine month period and the fiscal quarter ended 30 September 2009. Altria's results include a reference to earnings for the quarters and nine month periods ended 30 September 2009 and 2008 from Altria's 27.3% economic and voting investment in SABMiller plc, expressed in US GAAP at prevailing exchange rates.
The amount disclosed for the nine month period ended 30 September 2009 is US$442 million (nine month period ended 30 September 2008: US$344 million). The amount disclosed for the quarter ended 30 September 2009 is US$119 million (quarter ended 30 September 2008: US$54 million). Investors should note that these financial results are derived from management accounts, have not been audited and may be subject to change. There are a number of differences concerning the timing of recognition of results as well as differences relating to the treatment of exceptional items, the definition of the US GAAP statutory earnings as reported by Altria compared to SABMiller's results as reported under IFRS, and also the inclusion within Altria's earnings of gains on the dilution of Altria's investment in SABMiller following the issue of new SABMiller shares.
General Counsel & Group Company Secretary