Rothmans Inc. announces commencement of compulsory acquisition by Philip Morris International Inc. (PMI)

    Trading: TSX: ROC

    TORONTO, Oct. 9 /CNW/ - Rothmans Inc. announced today that, since the
offer by PMI was accepted by shareholders holding more than 90% of Rothmans
Inc. common shares, PMI has exercised its rights under the compulsory
acquisition provisions of the Canada Business Corporations Act to acquire all
of the outstanding common shares of Rothmans Inc. not already owned by PMI at
the price C$30.00 cash per share. Further details are provided in PMI's Notice
of Compulsory Acquisition which is available on SEDAR at under
the SEDAR profile of Rothmans Inc.

For further information:

For further information: Barry Joslin, (416) 442-3634

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