Acquisition

British American Tobacco PLC 23 December 2003 British American Tobacco acquires ETI S.p.A British American Tobacco is pleased to announce that it has acquired Ente Tabacchi Italiani S.p.A (ETI). On 16 July 2003 British American Tobacco won the auction to acquire ETI, the State tobacco company, for €2.32 billion (£1.6 billion). Italian competition authorities granted approval for the acquisition on 18 December. Contacts British American Tobacco Press Office Investor Relations David Betteridge/Ann Tradigo/Teresa La Thangue Ralph Edmondson/Rachael Cummins +44 (0) 20 7845 2888 (24 hours) +44 (0) 20 7845 1180 or 1519 This information is provided by RNS The company news service from the London Stock Exchange
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