02/04/2016

WINSTON-SALEM, N.C. - Feb. 4, 2016 - Reynolds American Inc. (NYSE: RAI) announced today that it has commenced a cash tender offer for the maximum amount of specified series of its outstanding debt that it can purchase for up to $2.8 billion in cash (excluding accrued and unpaid interest to, but not including, the applicable settlement date and excluding related fees and expenses) (the 'Tender Cap'). Pursuant to the tender offer, RAI is offering to purchase, subject to the Tender Cap and other conditions and limitations, its 4.750% Senior Notes due 2042, 3.250% Senior Notes due 2022, 3.750% Senior Notes due 2023, 3.250% Senior Notes due 2020, 4.000% Senior Notes due 2022, 4.450% Senior Notes due 2025 and 4.850% Senior Notes due 2023 (collectively, the 'Notes'). The aggregate principal amount of the Notes currently outstanding is $7,873,689,000.

Reynolds American Inc. issued this content on 04 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 February 2016 16:50:46 UTC

Original Document: http://www.reynoldsamerican.com/About-Us/Press-Releases/Press-Release-Details-/2016/Reynolds-American-Inc-announces-cash-tender-offer-for-up-to-28-billion-aggregate-purchase-price-for-certain-of-its-outstanding-notes-and-redemption-of-950-million-aggregate-principal-amount-of-certain-of-its-other-outstanding-notes/default.aspx