RJR NABISCO DECLARES REGULAR DIVIDENDS ON SERIES B AND SERIES C PREFERRED STOCKS.

NEW YORK--(BUSINESS WIRE)--October 11, 1995--Directors of RJR Nabisco Holdings Corp. (NYSE:RN) have declared the regular quarterly cash dividends on the company s Series B and Series C preferred stocks.

Series B Cumulative Preferred Stock 

The board declared the regular quarterly cash dividend of $578.125 per share, or 57.8125 cents ($.578125) per depositary share (the 1/1,000 share units that trade on the New York Stock Exchange), on the company's Series B Cumulative Preferred Stock. The dividend is payable December 1, 1995 to shareholders of record November 16, 1995. Series C Conversion Preferred Stock.

The board also declared the regular quarterly cash dividend of $1.503 per share, or 15.03 cents ($.1503) per depositary share (the 1/10 share units that trade on the New York Stock Exchange), on the company's Series C Conversion Preferred Stock (PERCS). The dividend is payable November 15, 1995 to shareholders of record October 31, 1995.

RJR Nabisco Holdings Corp. is the parent company of RJR Nabisco, Inc., an international consumer products company. RJR Nabisco's major operating companies are R.J. Reynolds Tobacco Co., R.J. Reynolds Tobacco International, Inc., and Nabisco Holdings Corp., of which the company owns 80.5 percent.

CONTACT: Carol J. Makovich

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