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R.J. Reynolds Tobacco Company Makes 2008 Master Settlement Agreement Payment 

R.J. Reynolds Tobacco Company today satisfied its full $2.251 billion annual payment obligation for 2008 as specified in the Master Settlement Agreement (MSA).

As agreed to by all MSA signatories, a tobacco company is due a credit against its annual payment if it is determined that the disadvantages imposed by the MSA were a significant contributing factor in the participating manufacturers losing market share to non-participating manufacturers (NPM) in a particular year. That determination was recently made by an independent economic consulting firm, hired jointly by the states and the tobacco companies, in connection with the 2005 market year. The Settling States dispute that R.J. Reynolds and the other tobacco manufacturers are entitled to these credits.

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