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RJR REYNOLDS TOBACCO INTERNATIONAL ENTERS JOINT VENTURE WITH TABACALERA S.A. OF SPAIN

 RJR REYNOLDS TOBACCO INTERNATIONAL ENTERS JOINT VENTURE
 WITH TABACALERA S.A. OF SPAIN
 WINSTON-SALEM, N.C., July 6 /PRNewswire/ -- R.J. Reynolds Tobacco International, Inc. today announced that it has entered into a joint venture with the government-owned manufacturing company Tabacalera S.A. of Spain to produce, distribute and market Camel and Winston cigarettes in Spain.
 Under the agreement, RJR Tobacco International's manufacturing facility in La Palma, Canary Islands, and its employees will become a part of the joint venture.
 RJR Tobacco International brands Camel and Winston have been produced under license by Tabacalera since 1983. The new joint venture will make it possible for RJR Tobacco International to share more equitably in the growth of the cigarette business in Spain.
 "This new partnership is a very positive step for both companies," said Dale F. Sisel, president and chief executive officer of R.J. Reynolds Tobacco International.
 "It will enable RJR Tobacco International and Tabacalera to enjoy closer cooperation as we work together to take advantage of the strength of our brands in Spain and capitalize on their great potential in the Spanish market."
 Winston and Camel are the company's leading brands in Spain and are among the top-selling brands in the growing international segment.
 R.J. Reynolds Tobacco International is a unit of New York-based RJR Nabisco, Inc., an international consumer products company. RJR Nabisco's other business units are R.J. Reynolds Tobacco Co. and the Nabisco Foods Group.
 -0- 7/6/92
 /CONTACT: Brenda H. Follmer of R.J. Reynolds Tobacco International, 919-741-3160 or 919-765-4992/ CO: R.J. Reynolds Tobacco International, Inc. ST: North Carolina IN: TOB SU: JVN


EA-BR -- AT004 -- 6639 07/06/92 12:53 EDT
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Publication:PR Newswire
Date:Jul 6, 1992
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