BW20030219002275  20030219T150428Z UTC


( BW)(ALTRIA-GROUP)(MOP) Philip Morris International Inc. Presents at
Consumer Analyst Group of New York -CAGNY- Conference

    Business Editors
    UK REGULATORY NEWS

    NEW YORK--(BUSINESS WIRE)--Feb. 19, 2003--

Philip Morris International Inc. president and chief executive officer
Andre Calantzopoulos told investors and analysts at the Consumer
Analyst Group of New York (CAGNY) Conference in Scottsdale, AZ, today
that "we believe we are in an excellent position to sustain, and even
accelerate, future growth." Mr. Calantzopoulos said that, based on its
successful strategies, Philip Morris International expects to generate
volume growth of 4% and operating companies income growth of 10% in
2003.

Philip Morris International Inc. is the international tobacco
operating company of Altria Group, Inc. An audio webcast of Mr.
Calantzopoulos' presentation to members of the investment community at
CAGNY was available beginning at approximately 10:15 a.m. eastern time
on February 19, 2003, at www.altria.com. An archived copy of the
webcast and the text of Mr. Calantzopoulos' presentation will be
available until 5:00 p.m. on Wednesday, February 26, 2003, at
www.altria.com.

Altria Group, Inc. Profile

Altria Group, Inc. is the parent company of Kraft Foods Inc., with
approximately 84% ownership of outstanding Kraft common shares, Philip
Morris Capital Corporation, Philip Morris International Inc. and
Philip Morris USA Inc. In addition, Altria Group, Inc. has a 36%
economic interest in SABMiller plc, the world's second-largest brewer.
The brand portfolio of Altria Group, Inc.'s consumer packaged goods
companies includes such well-known names as Kraft, Jacobs, L&M,
Marlboro, Maxwell House, Nabisco, Oreo, Oscar Mayer, Parliament,
Philadelphia, Post and Virginia Slims. Altria Group, Inc. recorded
2002 net revenues of approximately $80 billion.

Forward-Looking and Cautionary Statements

This press release contains projections of future results and other
forward-looking statements that involve a number of risks and
uncertainties and are made pursuant to the Safe Harbor Provisions of
the Private Securities Litigation Reform Act of 1995. The following
important factors could cause actual results and outcomes to differ
materially from those contained in such forward-looking statements.

Altria Group, Inc.'s consumer products subsidiaries are subject to
unfavorable currency movements; intense price competition, changes in
consumer preferences and demand for their products; changing prices
for raw materials, fluctuations in levels of customer inventories and
the effects of foreign economies and local economic and market
conditions. Their results are dependent upon their continued ability
to promote brand equity successfully; to anticipate and respond to new
consumer trends; to develop new products and markets and to broaden
brand portfolios in order to compete effectively with lower-priced
products in a consolidating environment at the retail and
manufacturing levels; to improve productivity; and to respond
effectively to changing prices for their raw materials.

Altria Group, Inc.'s tobacco subsidiaries (Philip Morris USA and
Philip Morris International) continue to be subject to health concerns
relating to the use of tobacco products and exposure to environmental
tobacco smoke; legislation, including actual and potential excise tax
increases; increasing marketing and regulatory restrictions;
governmental regulation; privately imposed smoking restrictions;
governmental and grand jury investigations; litigation, including
risks associated with adverse jury and judicial determinations, courts
reaching conclusions at variance with the company's understanding of
applicable law, bonding requirements and the absence of adequate
appellate remedies to get timely relief from any of the foregoing;
price disparities and changes in price disparities between premium and
lowest-price brands; and the effects of price increases related to
excise tax increases and concluded tobacco litigation settlements on
consumption rates and consumer preferences within price segments.

Altria Group, Inc.'s financial services subsidiary (Philip Morris
Capital Corporation) is subject to the effects of a weak economy,
particularly with respect to aircraft leases to the troubled airline
industry.

Altria Group, Inc.'s consumer products subsidiaries are subject to
other risks detailed from time to time in the company's publicly filed
documents, including its Annual Report on Form 10-K for the period
ended December 31, 2001 and its Quarterly Report on Form 10-Q for the
quarter ended September 30, 2002. Altria Group, Inc. cautions that the
foregoing list of important factors is not complete and does not
undertake to update any forward-looking statements that it may make.

   Short Name: Altria Group Inc
   Category Code: MSC
   Sequence Number: 00002111
   Time of Receipt (offset from UTC): 20030219T143155+0000

    --30--KK/ny*

    CONTACT: Altria Group, Inc.
             Timothy R. Kellogg, 917/663-2759

    KEYWORD: NEW YORK UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: MANUFACTURING FOODS/BEVERAGES
    SOURCE: Altria Group Inc

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