Investor Presentaiton

Winston is the No1 brand in Russia, its leadership is constantly strengthened by innovative propositions THIS SLIDE HAS BEEN DEVELOPED TO EXPLAIN JTI'S PERFORMANCE TO OUR INVESTORS. IT IS NOT INTENDED TO PROMOTE THE PURCHASE OF OUR PRODUCTS. JTi AMERICAN BLEND Winston BLUE Winston КУРЕНИЕ УБИВАЕТ Share of Market (%) 1 1 1 1 10.1 10.3 9.6 0.0 0.2 8.7 1.2 0.8 1.4 0.2 8.8 9.0 8.7 8.5 КУРЕНИЕ УБИВАЕТ 2008 2009 2007 Regular I King Size Super Slims Jan-July 10 Super Slims 100 Winston Family 1 Rank in the market Winston Super Slims & XS drive family growth despite down-trading Following first signs of market recovery, recent performance of Winston Regular is encouraging Note: 2007 figures include pro-forma Gallaher Source: A.C. Nielsen 25

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