RJR Executive Establishes Stock Trading Plan

RJR Executive Establishes Stock Trading Plan 


WINSTON-SALEM, N.C., Dec. 23  /PRNewswire-FirstCall/ -- Thomas R. Adams, senior
vice president and controller of R.J. Reynolds Tobacco Holdings, Inc. , has
established a stock trading plan under Rule 10b5-1 of the Securities and
Exchange Act of 1934.

Adams filed a plan to sell restricted shares issued to him as part of RJR's
long-term incentive program.  The shares were granted in January 2001, will vest
in January 2004, and be sold thereafter.  The final number of shares vesting is
contingent upon RJR and its subsidiaries meeting certain performance measures
and will be determined at year-end 2003, but is not expected to exceed 3,220
shares.

In accordance with RJR's share-ownership guidelines, after the sale of shares
under this 10b5-1 plan, Adams will own shares of RJR stock equal to at least 25
percent of the original number of restricted shares granted to him since the
company became public in 1999.  This generally equates to 50 percent of the net
proceeds after paying taxes.

Rule 10b5-1 plans permit individuals who are not in possession of material
nonpublic information to establish prearranged plans to buy or sell company
stock.  The rule allows individuals adopting such plans to sell shares over a
specified period of time or at a specific price in the future, regardless of any
subsequent material nonpublic information they receive.

R.J. Reynolds Tobacco Holdings, Inc. is the parent company of R.J. Reynolds
Tobacco Company and Santa Fe Natural Tobacco Company, Inc.  R.J. Reynolds
Tobacco Company is the second-largest tobacco company in the United States,
manufacturing about one of every four cigarettes sold in the United States. 
Reynolds Tobacco's product line includes four of the nation's 10 best-selling
cigarette brands:  Camel, Winston, Salem and Doral.  Santa Fe Natural Tobacco
Company, Inc. manufactures Natural American Spirit cigarettes and other tobacco
products, and markets them both nationally and internationally.  Copies of RJR's
news releases, annual reports, SEC filings and other financial materials are
available on the company's website, http://www.rjrholdings.com/ . 

DATASOURCE: R.J. Reynolds Tobacco Holdings, Inc.



CONTACT:  Media, Seth Moskowitz, [phone], or Investors,

Carole Biermann Wehn, [phone], both of R.J. Reynolds Tobacco Holdings,

Inc.



Web site:  http://www.rjrt.com/

http://www.rjrholdings.com/ 

Copyright