Shoebox Investor

What is a shoebox investor? An investor who generally pays himself first. The idea is that any money you can store in a shoebox or piggy bank, should be invested in the market. It is not how much you invest, it is the time value of money you should focus on. The earlier you put the money in the market, the longer you keep it in, the higher the chances of reaping the benefits of accumulating dividends. The reinvested dividends will buy you more shares.

Pay yourself first

Friday, March 28, 2008

Altria Group, Inc. Completes Spin-off of Philip Morris International Inc.

NEW YORK--(BUSINESS WIRE)--March 28, 2008--Regulatory News:

Altria Group, Inc. (NYSE: MO) today completed the spin-off of Philip Morris International Inc. (PMI) to shareholders of Altria Group, Inc. (Altria).

The distribution of 100% of the shares of PMI was made today to Altria's shareholders of record as of 5:00 p.m. New York City Time on March 19, 2008 (the "record date").

Altria shareholders received one share of PMI stock for every share of Altria common stock outstanding at 5:00 p.m. New York City Time on the record date.

As previously announced, Altria is moving its corporate headquarters to Richmond, Virginia.

PMI has mailed an Information Statement containing details of the PMI spin-off to shareholders as of the record date. The Information Statement and answers to frequently-asked questions (FAQs) are available on Altria's investor website at www.altria.com/pmispinoff.

PMI shares will begin regular way trading on the New York Stock Exchange (NYSE) under the symbol "PM," as well as the NYSE Euronext Paris and SWX Swiss exchanges, on March 31, 2008. Altria shares will continue to trade under the symbol "MO" on the NYSE. Both Altria and PMI will be constituents of the Standard & Poor's 100 and 500 Indices, effective the same day.

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