[Intl-tobacco] British American Tobacco Expands in South Korea (fwd)

[Robert Weissman]

British American Tobacco Expands in South Korea
Source: BAT, Wednesday, 8/8/01

British American Tobacco today announced plans to build a factory in South
Korea, the 8th largest tobacco market in the world with annual sales of
100 billion cigarettes.

The factory, which will take up to three years to construct, at a cost of
around $80 million, will have an initial capacity in excess of 7 billion
cigarettes. The new factory will be built on a 10 hectare site in the
Jinsa Industrial Complex located at Sachon in Gyeoungnamdo Province.

John Taylor, President of British American Tobacco Korea said: "The key to
growth in South Korea is local manufacture. We already sell Dunhill and
have been in the market since 1988 but market research shows that there is
rising demand for international brands made locally."

British American Tobacco is the world's most international tobacco group,
operating in some 180 countries.  The group markets a wide range of
international brand names including Lucky Strike, Kent, Dunhill and Pall
Mall.