R.J. Reynolds Tobacco Holdings Declares Quarterly Dividend WINSTON-SALEM, N.C., May 5 /PRNewswire-FirstCall/ -- The board of directors of R.J. Reynolds Tobacco Holdings, Inc. today declared a quarterly cash dividend on the company's common stock of $0.95 per common share, or $3.80 on an annualized basis. The dividend is payable July 1, 2004, to stockholders of record on June 10, 2004. This is the company's 20th consecutive quarterly dividend since becoming a publicly traded company in June 1999. 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: Seth Moskowitz of R.J. Reynolds Tobacco Holdings, Inc., +1-336-741-7698 Web site: http://www.rjrholdings.com/

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