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BTI - British American Tobacco p.l.c. - British American Tobacco

Release Date: 12/10/2011 11:41
Code(s): BTI
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BTI - British American Tobacco p.l.c. - British American Tobacco completes acquisition of Protabaco British American Tobacco p.l.c. Incorporated in England and Wales (Registration number: 03407696) Short name: BATS Share code: BTI ISIN number: GB0002875804 ("British American Tobacco p.l.c." or "the Company") British American Tobacco completes acquisition of Protabaco British American Tobacco announced today it has completed its acquisition of Productora Tabacalera de Colombia, S.A.S. (Protabaco), the second largest cigarette company in Colombia, for an enterprise value of US$452 million. The completion follows earlier approval by Colombia`s competition authority, the Superintendence of Industry and Commerce, on 2 August 2011. Protabaco sold 5.5 billion domestic cigarettes in 2010 and the transaction represents a multiple of 11.3 times US$40 million domestic 2010 EBITDA on net domestic revenues of US$110 million. ENQUIRIES Press Office Christina Dona / Kate Matrunola / Catherine Armstrong +44 (0) 20 7845 2888 (24 hours) Investor Relations Ralph Edmondson/ Rachael Brierley/ Maya Farhat +44 (0) 20 7845 1180/ 1519 12 October 2011 Sponsor: UBS South Africa (Pty) Ltd Date: 12/10/2011 11:41:40 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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