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2005 Fourth-Quarter and Full-Year Results Conference Call - Final.

Fair Disclosure Wire

| January 31, 2006 | COPYRIGHT 2006 CQ Transcriptions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Original Source: FD (FAIR DISCLOSURE) WIRE

OPERATOR: Good morning and welcome to Altria Group's fourth quarter and year-end conference call. Today's call is scheduled to last about one hour, including remarks by Altria management and a question-and-answer session. (OPERATOR INSTRUCTIONS) I would like to turn the call over to Mr. Nick Rolli, Vice President of Investor Relations and Financial Communications for Altria. Please go ahead, sir.

NICK ROLLI, VP, IR & FINANCIAL COMMUNICATIONS, ALTRIA GROUP INC.: Good morning and thank you for joining us today. For those of you listening via the audio webcast, we're providing selective slides for fourth quarter and full-year results for Altria and its operating Companies, Philip Morris USA, Philip Morris International and Kraft Foods. Today's call is limited to a discussion of business results.

Kraft foods reported its fourth quarter and full-year 2005 results yesterday and hosts a separate webcast. Since the food business was covered in detail on that webcast, our discussion of Kraft will be limited on the call this morning. Our remarks contain forward-looking statements and projections of future results, and I direct your attention to the Safe Harbor Statement at the end of our news release for review of the various factors that could cause actual results to differ materially from projections.

Finally, Louis Camilleri, Altria's Chairman and CEO is joining us on this call. Following remarks by Dinny Devitre, our Senior Vice President and Chief Financial Officer. Both be have to take your questions. For a detailed review of our fourth quarter results and full-year results and EPS guidance for 2006, I direct your attention to the news release we issued earlier this morning, which available on our website at www.Altria.com. Now, it's my pleasure to introduce Dinny.

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