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DIMON Reports Third Quarter Financial Results 

DIMON Incorporated (NYSE: DMN - news) today announced that, reflecting the continuing difficult leaf-trading environment, its pre-tax loss before restructuring and other asset impairment charges for the third quarter ended March 31, 1999, was $5 million, in line with expectations. Results for the third quarter of fiscal year 1999 mark an improvement over results for the first and second quarters of the fiscal year. DIMON is currently undertaking global cost efficiency programs and debt reduction actions that are enhancing its operations and financial position. Furthermore, DIMON expects operating results to be profitable for the fourth quarter of fiscal 1999.

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