Philip Morris International Inc. Declares Inaugural Quarterly Dividend of $0.46 Per Share

LAUSANNE, Switzerland, 18 June 2008 (BUSINESS WIRE) -- Regulatory News:

The Board of Directors of Philip Morris International Inc. (NYSE / Euronext Paris: PM) today declared the company's inaugural regular quarterly dividend of $0.46 per common share, payable on July 10, 2008, to stockholders of record as of June 30, 2008. The ex-dividend date is June 26, 2008.

"Combined with the $13.0 billion, two-year share repurchase program which began in May this year, our first regular dividend as an independent company reflects our strong commitment to rewarding our shareholders in a generous manner," said Louis Camilleri, Chairman and Chief Executive Officer.

For more details on PMI stock, dividends and other information, see www.pmintl.com.

About Philip Morris International

Philip Morris International (PMI) (NYSE/Euronext Paris: PM) is the leading international tobacco company, with seven of the world's top 15 brands including Marlboro, the number one cigarette brand worldwide. PMI has more than 75,000 employees and its products are sold in over 160 countries. The Company held a 15.6% share of the international cigarette market outside of the United States in 2007.

SOURCE: Philip Morris International Inc.

Philip Morris International Inc.
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