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UST Reports Third Quarter 2008 Results; Reaffirms Earnings Guidance for the Year 

UST Inc. (NYSE: UST) today announced for the third quarter ended Sept. 30, 2008, reported diluted earnings per share was stable versus the prior year period at $.84 and adjusted diluted earnings per share increased 4.6 percent to $.91. Adjustments affecting the comparison in the quarter include acquisition related costs, restructuring charges associated with the company's Project Momentum cost savings initiative, antitrust litigation settlement charges and the net impact related to the sale of the company's headquarters in the prior year period. The table below provides a reconciliation of such non-GAAP financial measures to the most directly comparable GAAP measures.

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