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Monday, 04/14/2003

UST - UST Inc.

Company Description

UST is the world's leading producer of moist smokeless tobacco products. Its snuff and chewing tobacco are manufactured under brand names like Copenhagen, Skoal, Burton and Red Seal.

UST also markets and distributes Wines & Spirits through its own subsidiary Stimson Lane, it produces and markets premium wines sold nationally through the Chateau Ste. Michelle, Columbia Crest and Villa Mt. Eden wineries, as well as sparkling wine produced under the Domaine Ste. Michelle label. Other consumer products marketed by UST subsidiaries include Don Tomás, Don Tomás Dominican Selection, Astral and Astral Talanga Valley Selection premium cigars.

Reasons to Invest

UST is a holding company with a market capitalization of more than $6 billion, revenue of more than $1.6 billion and net earnings exceeding $490 million. The company's primary businesses manufacture and market moist smokeless tobacco products and premium wines through U.S. Smokeless Tobacco Company (USSTC) and International Wine & Spirits Ltd. (IWS). USSTC is the world's leading producer and marketer of the only growing segment of the tobacco industry, moist smokeless tobacco. The company's leading brands, Copenhagen and Skoal, each represent more than $1 billion at retail. Other brands include Rooster and Red Seal. The company sells more than 1.7 million cans per day, or approximately 650 million cans annually.

DRIP Information:

Shares to Qualify = 1          
Auto-reinvestment = 
Min/Max = $10/$10,000 monthly

Reinvestment Fees -No

Dividend investment fees: No
Cash investment fees: No
Auto reinvestment fees: No
Our plan permits stockholders to purchase additional shares of our common stock with all or a portion of dividends and / or optional cash investments of $10 to $10,000 a month. In order to enroll in the plan, you must first be a stockholder. The Company absorbs all brokerage and bank costs connected with such purchases. You may join or withdraw whenever you wish.

Registered stockholders can direct inquiries concerning account holdings, dividends, electronic deposit, dividend reinvestment, stock transfer requirements, lost or missing certificates or any other administrative matters by calling toll free: 1-800-730-4001

Corporate Headquarters
100 West Putnam Ave.
Greenwich, CT 06830
(203) 661-1100		
Media Relations
(203) 622-3549 
Investor Relations
(203) 622-3520		 


Copyright 2003

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