1. 1 2002 Full Year Wednesday, February 26th, 2003 Results www.altadis.com

2. 2 Content Key facts & figurespage4 Restructuring & synergiespage6 Cigarettepage7 Cigarpage18 Logisticspage24 Financialspage30 Conclusion page37 Appendicespage41

3. 3 Altadis meets its 2002 profitability target, with an Ebitda growth of 9.5% Fourth quarter has grown still faster than the beginning of the year. The pattern of activity has continued in Q4, at a higher level of performance. Full year 2002:  Economic salesup by 3.4%to Euro 3,182 million.  Ebitdaup by 9.5%to Euro 971 million.  Net resultup by 14.5%to Euro 435 million.

4. 4 #3 in Western Europe #1 in Spain #2 in France #4 in Germany Servicing 150,000 POS in Western Europe #1 Worldwide #1 in the US #1 in Spain #1 in France 102.3 billion cigarettes (**) Euro 7,447 mn (***)3,197 million cigars Economic Sales EBITDA Net Income Headcount 20,813 Euro 1,689 mn (+4.3%)Euro 755 mn (-3.3%) (+0.9 % ex forex impact) Euro 741 mn (+23.2%) Key facts & figures Logistics 23% (*) Market Position Volume Economic Sales (growth) Group (growth) Euro 3,182 mn (+ 3.4%) Euro 971 mn (+ 9.5%) Euro 435 mn (+14.5%) FY 2002 (*) Of Group economic sales (**) Including 7.0 bn licensed to third parties (***) Logistics accounted sales Cigarette53% (*)Cigar 24% (*)

5. 5 Economic Sales Ebitda* +11.4% +20.1% + 3.4 % ex perimeter impact Logistics CigarCigarette Q4 highlights : excellent performance of cigarette and logistics, impact of USD weighs on cigar Total economic sales : Euro 848 mn + 1.7 % + 3.5% ex forex impact Total Ebitda : Euro 250 mn + 11.2% +12.6% ex forex impact -14.7% -6.9% ex forex impact *Cigarette Ebitda 2001 with a one-off negative provision of Euro 7mn for the Byrne directive Q4´01Q4´02Q4´01Q4´02Q4´01Q4´02 Q4´01Q4´02 Q4´01Q4´02 Q4´01Q4´02 +32.3% -13.3% -1.4% ex forex impact +14.2% + 8.9 % ex perimeter impact

6. 6 Heading to Euro 164 million from cost optimisations in 2003 Restructuring: recurrent benefits of Euro 83 million in 2003  Implementation of the major restructuring in Spain, conducted during 2001 and 2002 is over.  Headcount reduction has been around 1,900.  Total recurrent benefit of Euro 83 mn onwards (2001: 24; 2002 : 52; 2003e: 83) Synergies: recurrent benefits of Euro 81 million in 2003  Total estimated recurrent benefits of Euro 81 mn from 2003 onwards (2000: 33; 2001: 48; 2002: 67; 2003e: 81)  Estimates fall within the range initially forecasted  2000 - 2001: Merged US companies, procurement, sales forces, optimisation of structures  2002 - 2003: IT systems, further benefits from procurement, further optimisation of structures

7. 7 Flagship brands Internationalisation Pricing power CIGARETTE 53% of Group economic sales 59% of Group Ebitda Ebitda margin: 33.9% of economic sales (+1.9 points)

8. 8 Cigarette : internationalisation strategy Capitalise on the Group’s two brands that sell around 20 billion cigarettes a year Globalisation of Gauloises Blondes in the sub-premium segment Regional development of Fortuna in the medium-value segment (Spain, France, Italy, Portugal) Tactical use of strong local brands (News, Nobel, Fox, Spike, Fine, Gitanes, …) Cash cow strategy vis-à-vis dark cigarettes (Gauloises dark, Ducados)

9. 9 Segments (Euro mn) & Growth 2001-2002 + 7.4%- 1.3% +1.8% 31/12/02 31/12/01 Total: 1,619 Total: 1,689 Fortuna Gauloises BlondesGauloises Brunes Ducados + 4.3% Cigarette : sales growth by 4.3% Major Brands (Euro mn) & Growth 2001-2002 355 721 356 688 - 0.4% + 8.5% +1.1% + 4.9% - 0.3% - 0.4% 31/12/0131/12/02 Blond cigarettesDark cigarettes Roll-your-own (RYO) and other sales 1,072

10. 10 998 1,072 + 7.4% Blondes grow on all markets, sales up 7.4 % + 8.2% +1.3% +11.2% Total: 62.9 + 5.5% +5.4% - 2.0% 31/12/01 31/12/02 + 10.1% + 14.4% + 15.7% + 13.3% +9.0% Value (Euro mn) & Growth 2001-2002 Volumes (bn units) SpainFranceGermanyRest of the WorldPoland Total: 59.6 31/12/0131/12/02 7.2

11. 11 Spain Volume22.122.1-0.1% Market share 31.2%30.2%-0.9 France Volume11.412.2+7.5% Market share 16.2%17.7%+1.5 Germany Volume6.27.2+15.7% Market share 4.2%4.7%+0.6 Austria Volume1.01.1+4.0% Market share 6.3%7.3%+1.0 Belgium/ Luxemburg Volume0.60.6+6.7% Market share 3.4%3.7%+ 0.2 Poland Volume8.69.7+13.3% Market share 11.5%12.8%+1.3 (Volumes in billion units) * * Market performance which may differ from sales invoiced to distribution Good performance of most blonde market shares 31/12/0131/12/02Var.

12. 12 Gauloises Blondes: a strategical European brand Gauloises Blondes in the world (billion units) Gauloises Blondes abroad (billion units) Other markets France International Germany + Austria

13. 13 Gauloises Blondes: + 13.7% in volume 2002 (Volumes in million units) (Sales in million Euro) 1999200020012002 CAGR (99-02) Germany Volume4,4165,2935,9206,91216.8%16.1% Sales 90.87114.96132.18143.808.8%16.5% Austria Volume5459911,0421,0844.0%25.8% Sales 9.1517.6819.0020.578.3%31.0% Belgium / Luxembourg Volume 5004935676056.7%6.6% Sales 9.359.5111.6713.9319.4%14.2% Rest of the world Volume 3,2234,1964.5765,16412.8%17.0% Sales 41.1156.1267.0773.409.5%21.3% Total (France excluded) Volume 8,68410,97312,10413,76513.7%16.6% Sales 150.48198.27229.92251.71 9.5%18.7% Var. % 01-02

14. 14 Gauloises Blondes: intrinsic value, successful mix Immediate recognition, wide awareness, differentiating strength of the name Logo symbolising freedom together with courage and independence « Liberté toujours » (Liberty forever) brand foundation Sub-premium pricing Design aiming at aesthetics and originality Targeting in priority mature markets where the brand and mix have more appeal Consistent communication

15. 15  Leading brand in Spain  24.0 % market share France:Growth since 1994 Italy:successful launch in May 2002 Fortuna: successful launch in Italy Spain:strong starting point 1 23 Sales in million cigarettes  Attractive to young adult urban smokers

16. 16 Fortuna: potential for growth Capitalise on Spanish and Latin roots: both universal and aspirational Strong potential versus international brands with weaker image and versus local mainstream brands that are seldom aspirational Medium-value priced Attractive value-added offer for the core target: 18/25 years old, urban male/female

17. 17 Marlboro 3.30 Memphis 3.00 Gauloises 3.10 Total taxes (excise tax + VAT) on retail price, for MPPC - Most popular price category * Retail price for packs of 20 cigarettes. For 19 cigarettes (which is the standard) prices are respectively 3.20, 3.10, 3.00 and 2.60 Euros Changing pricing environment still leaves Altadis with pricing power Marlboro 2.50 Fortuna 1.95 Ducados 1.70 Gauloises 2.10 Marlboro 3.37 West 3.16 Gauloises 3.26 West 3.10 Marlboro 3.50 West 3.20 Belga 3.20 Gauloises 3.20 France Germany* Austria Belgium Marlboro 3.10 MS 2.18 Gauloises 2.50 Italy Marlboro 7.20 Silk cut 7.20 Gauloises 7.06 UK Fortuna 2.00 Retail price in Euro per pack of 20 cigarettes as of February 1st, 2003 Spain 6.5 71.8%74.5%72.9%74.6%73.0%76.0%78.7% 7.2 Generics 2.75 Generics 2,39 3.5 3.0 2.5 2.0 1.5 Total taxes Generics 5.63 Marlboro 3.90 Fortuna 3.50 Gauloises Dark 3.50 Gauloises 3.50 News 3.40

18. 18 24% of Group economic sales 18% of Group Ebitda Ebitda margin: 22.7% of economic sales (+2.3 points) World leadership Ebitda growth of 14% ex USD impact CIGAR

19. 19 Cigar: leadership strategy Reinforce the lead of the market in the US, with the corresponding ability to take the initiative with respect to product innovation and pricing Further expand the prestige of Cuban cigar, taking advantage of the high potential of the best brands in the world Tie together top positions (US, Cuban brands, Spain and France) to develop a worldwide presence including unexplored markets Strong focus on the cost side and margin rates

20. 20 Other sales Cigar: stable sales ex USD impact Value (Euro mn) & Growth 2001-2002 Volumes (million units) -8.9% - 6.4% +4.8% 781 755 - 3.3% +0.9 % ex USD impact + 6.0% -3.6% n.s. - 11.3% Mass (Popular + Little) NaturalPremium & Habanos (50%) 31/12/0131/12/02 31/12/0131/12/02 31/12/0131/12/02 31/12/0131/12/02 31/12/0131/12/02

21. 21 Value (Euro mn) & Growth 2001-2002 Volumes (million units) 451 + 6.7 % + 12,6 % (ex USD impact) + 0.0 % + 5.4 % (ex USD impact) 439 + 2.8 % + 8.4 % (ex USD impact) + 6.3% + 3.0% Cigar US: 8.4 % sales growth ex USD impact in the most profitable cigar market 31/12/0131/12/02 31/12/0131/12/02 31/12/0131/12/02 Premium & NaturalMass (Popular + Little)

22. 22 Cuban cigar in difficult environment in 2002 With the continued poor environment for luxury goods, Habanos sales went down by 14.9% in dollars The evolution of the sales to the different markets has been much better as we have reduced inventories at distributor level Positive launching of mini Cubanos, Cohiba, Partagás, Montecristo, with sales (*) close to 14 million cigars Improved margins: growth of EBITDA margin by nearly 5 points (*) Figures refer to Altadis consolidated 50 %. For the mini Cubanos, total Habanos sales were 28, so 14 for Altadis.

23. 23 +3.2% -13.0% - 7.3% Cigar Europe: impact of depressed Spanish sales Total: 976 Total: 857 - 12.2% FranceSpain 31/12/02 31/12/01 150 139 31/12/0131/12/02 Value (Euro mn) & Growth 2001-2002 Volumes (million units)

24. 24 23% of Group economic sales 24% of Group Ebitda Ebitda margin: 31.2% of economic sales (-3.0 points) Improved efficiency for tobacco, strong growth for general logistics LOGISTICS

25. 25 Logistics strategy: widened application of a unique expertise Keep the lead of tobacco goods distribution in Spain and France while optimising the cost structure Further develop the expertise now successfully applied to non-tobacco goods Aim at niche logitics markets with higher than average margins

26. 26 Growth Tobacco logistics: economic sales up 4.0 % Economic sales (in million Euro) 31/12/0231/12/01 Number of points of sales50,000 Spain and Portugal 161.7166.6+ 3.0 % France 172.2172.3+ 0.1 % Adjustments -7.30.9 TOTAL326.6339.8+ 4.0%

27. 27 Growth General logistics: Burgal acquisition pushes sales growth to 45.9 % Economic sales (in million Euro) 31/12/0231/12/01 Number of points of sales150,000 Spain and Portugal 138.6242.7 + 75.1 % France 136.1158.2+16.2 % TOTAL 274.7400.9 + 45.9 % + 10.6 % ex Burgal

28. 28 General logistics: channels and products As a percentage of total General logistics economic sales CHANNELS PRODUCT LINES Logistic services 35% Books and magazines 22 % Telephony 15 % Food 8 % Stationery 4 % Tobacco related 4 % Misc. 12 % Clients for logistic 35% Tobacconists 32% Books and stationery shops 25% Gas stations 4% Bakeries and others 4%

29. 29 The Burgal group and Transportes Alameda Burgal Group  Economic sales:Euro 97.4 mn (since March 2002) Euro 115 mn proforma 12 months (+10.6% vs.01)  Business lines:  NACEX opened 12 new franchises on 2002, reaching 249, investing Euros 4.8 mn in its new platform in Madrid  Intregra2: Succesful implementation of a new service Integra2-Farma, deliveries to hospitals before 10:00 «Transportes Alameda» recent acquisition will bring benefits  Main player in parcel transport under controlled temperature  Larger portfolio and exposure to the pharmaceutical sector  Additional growth in the Madrid area  Synergies from combining loads and deliveries between Madrid and Barcelona

30. 30 FINANCIALS

31. 31 Foreign exchange: - 35 Perimeter: + 100 Others: - 9 Others: - 2 Restructuring and synergies: + 47 Perimeter: + 13 Economic sales : +105 Ebitda: +85 How we improved our profitability in 2002 Organic: + 49 Foreign exchange: - 8 Prices, contrasted volume and mix changes Mainly Burgal acquisition Unfavorable Dollar evolution Restructuring and synergies Unfavorable Dollar evolution Mainly Burgal acquisition Organic : + 35 Prices, mix, costs control 2002 vs. 2001 (Euro mn)

32. 32 Activity in Euroland USD - 200 mn net exposure (net purchases, lead time > 12 months) Activity in US dollar zone USD + 170 mn net exposure (contribution to Group Ebitda) ALTADIS IS THE SOLE EURO DENOMINATED TOBACCO STOCK Exposure to the US dollar is limited US Dollar impact on P&L is close to balance over two years A B

33. 33 Ebitda margin is up 1.7 point to 30.5 % Logistics + 12.5% Cigar + 7.6 % +13.7 ex forex impact Cigarette + 10.3 % EBITDA + 9.5% Operating Costs + 0.9 % Economic Sales + 3.4 % Ebitda margin up 1.9 pt to 33.9 % Price increases (Spain, France) Volume growth Restructuring positive effect Increased A&P Ebitda margin down 3 pt to 31.2 % Dilution due to acquisitions Organic growth Markets evolutions Cost optimisation Ebitda margin up 2.3 pt to 22.7 % US Sales up Dollar negative effect Cuban cigar and Spanish market depressed Restructuring positive effect EBITDA breakdown Sales up 4.3 % from 1,619 to 1,689 Sales down - 3.3 % from 781 to 755 Sales up 23.2 % from 601 to 741 Other and adjustments n/s 2001 vs 2002 (Euro mn) Closure of Viaplus 3,182

34. 34 EBITDA Full Year 2002: 971.1 million Euros (+ 9.5%) 2002 01-02 Growth Economic sales 3,076.93,182.1+ 3.4 % EBITDA886.6971.1+ 9.5 % EBITA769.6859.5+11.7 % Operating Income729.8810.5+11.1 % Financial Results(44.6)(36.8) - 17.5 % Goodwill Amortisation(90.8)(94.5)+ 4.0 % Associates 16.626.6+ 60.0 % Extraordinary Results5.6(32.1) n.s. Earnings Before Tax616.6673.6+ 9.2 % Corporate Income Tax(206.1)(196.8)- 4.5 % Minority Interests(30.2)(41.6)+ 37.7 % Net Income Group Share380.2435.2+ 14.5 % EPS (in eurocents)1.2551.462+ 16.5 % Average number of shares (million)*303.1297.8 - 1.7 % 2001 * : Average number of shares = average of (total number of shares - treasury stock ) (Euro mn)

35. 35 Sizeable and recurrent cash flow 2002 Operating flow (Ebitda + Var. WCR)713792 Corporate tax payment(101)(260) Restructuring cash out(277)(103) Cash flow from operating activities335429 Investment cash out(130)(275) Divestment cash in8293 Cash flow from investing activities(48)(182) Financial interest payment(39)(36) Net dividends(183)(200) Purchase of shares (of Group companies)(193)(188) Cash flow from financing activities(415)(423) Net change in cash and cash equivalent(128) (176) Initial net financial position(807)(948) Net cash change(128) (176) Effect of exchange rate fluctuations on banking debt(13)33 Final net financial position (948) (1,091) 2001 (Euro mn)

36. 36 Balance Sheet 8,304* 8,270 Goodwill Fixed Assets Shareholders’ Equity Provisions** Financial Debt*** Current Liabilities & Others Current Assets Cash + Short Term Financial Investments 31/12/0130/09/0231/12/0130/09/02 Fixed assets : + tobacconist terms - disposals Current assets : Price increases Perimeter impact Financial debt: Includes Securitisation Limited increase of net debt Equity Net financial position 948 1,091 * *Provisions + Badwill + Minorities*** Long term + Short term AssetsLiabilities & Shareholders’ Equity *Including the restatement of the securitisation (reintegration of Euro 537 mn) (Euro mn)

37. 37 CONCLUSION

38. 38 Outlook and Strategy Positive level of activity in our three business units 2003 foreseen with significant profitability growth Altadis is committed to maximising value for its shareholders and pursue a profitable growth strategy in each of its three core businesses: cigarette, cigar and logistics Cigarette: accelerate internationalisation Cigar: make the best of the world leadership Logistics: expand general logistics, optimise tobacco Carefully review acquisition opportunities Pursue with cost control enhancement Optimise financial structure and debt management OUTLOOK: STRATEGY:

39. 39 Growth story, at top and bottom line Transparency and relevant information provided to the market Dividend policy: policy is to increase regularly the dividend with a 50% reference pay-out ratio (70 Eurocents to be paid in 1st half 2003, out of which 31 Eurocents as interim dividend on March 24th) Room for improved leverage Share buy back of Group companies shares and cancellation, AGM authorised 5% Potential for acquisitions : expertise and financing capacity for acquisitions of strategic and value-creation importance Value for shareholders

40. 40

41. 41 Appendices Corporate calendar - Contacts Corporate governance Factories in Spain and France by the end of 2002 Altadis cigarette sales by segment & markets Spanish & French Total cigarette markets Dark cigarettes sales Roll-your-own sales EU tax regulation Altadis cigar sales per market Limites off-balance sheet contingencies Litigation risk is limited Quarterly Data 2002 - Q1, Q2, Q3 & Q4

42. 42 Closed periods start one month ahead of publications. Corporate Calendar - Contacts CALENDAR CONTACTS Telephone : 33 1 44 97 62 21 Fax : 33 1 44 97 66 27 E-mail : stanislas.vrla@altadis.com Telephone : 34 91 360 92 47 Fax : 34 91 360 92 91 E-mail : paozalla@altadis.com March 24th, 2003Interim dividend payment May 14th, 20032003 Q1 Results May 2003Annual Report June 10th, 2003AGM June 2003Complementary dividend payment September 1st, 20032003 H1 Results November 17th, 20032003 Q3 Results February 20042003 FY Results Pedro ALONSO DE OZALLA Deputy Stanislas VRLA Vice President Investor Relations

43. 43 Corporate governance From the creation of Altadis  Audit committee  Compensation committee  Internal ethical guidelines Auditors:  Altadis, Altadis USA, Logista : Deloitte & Touche  Seita: Mazars et Guérard, BFA (Ernst and Young) Full year accounts are audited, interim accounts are reviewed Rated by Moody’s at A3 and by Standard & Poors at A- IFRS (International Financial Reporting Standards) project launched for application from December 31st, 2004 onwards

44. 44 Factories in Spain and France by the end of 2002 Logroño Palazuelo Alicante Sevilla Tarragona Cantabria Cádiz Morlaix * Nantes Tonneins Metz Lille Strasbourg * cigar workshop Le Havre Riom Cigarette factories (7)Cigar factories (3)Pipe tobacco & RYO factories (1)Processing plants (4)

45. 45 Altadis cigarette sales by segments & markets SALES BY SEGMENTS (bn units) Blond59.6 62.9 +5.5% Dark32.0 28.6 -10.6% RYO 3.9 3.8 -4.3% Total95.5 95.3 -0.3% MAJOR BRANDS (bn units) Gauloises Blondes 17,3 18,9 +8,7% Fortuna 19,2 19,0 -1,0% Blond 36,6 37,9 +3,6% Ducados 15.2 14.1 -7.5% Gauloises dark 9.8 8.5 -13.5% Dark 25,0 22,5-9,8% 31/12/0131/12/02Var. % SALES BY MARKETS (bn units) Spain39.7 37.8 -4.6% France27.5 26.1 -5.1% Rest of Europe22.3 24.0 +7.2% Rest of the World6.07.4+21.7% Total95.5 95.3 -0.3% SALES BY MARKETS (Euro mn) Spain 587 591 +0.6% France 544 572 +5.1% Rest of Europe 330 354 +7.3% Rest of the World 87 106+22.2% Other Sales 71 65 n.s. Total1,6191,688 +4.3% 31/12/0131/12/02Var. %

46. 46 Spanish and French total cigarette markets: value growth despite volume decrease 31/12/0131/12/02Var. % Notes : Value figures are distribution fees deducted. RYO sales in Spain are negligible SPANISH TOTAL MARKET VolumesBlond71.073.1+3.0% Dark19.718.1-8.4% Total90.891.2+0.5% ValueBlond1,3761,452+5.5% Dark225223-1.2% Total1,6011,675+4.6% FRENCH TOTAL MARKET VolumesBlond70.269.1-1.5% Dark13.211.4-13.5% RYO7.17.0-1.8% Total90.587.5-3.3% ValueBlond1,7361,824+5.1% Dark 251251+0.2% RYO128138+8.0% Total2,1152,213+4.7% (Volumes in billion units, value in million Euros)

47. 47 -12.1% -0.8% -0.3% Dark cigarettes sales: Prices offset most of volume decrease -1.3% 31/12/0131/12/02 489 483 1.3 31/12/02 31/12/01 SpainFranceInternational 17.2 1.5 13.3 Total: 28.6 -10.6% -14.8% -8.0% -13.6% Total: 32.0 11.5 15.8 Value (Euro mn) & Growth 2001-2002 Volumes (bn units)

48. 48 +42.7% +2.8% +2.3% Roll-your-own sales +12.6% 31/12/0131/12/02 62 69 1.2 2.3 0.2 31/12/02 31/12/01 1.2 2.6 0.2 Total: 3.8 - 4.3% - 3.1% + 4.6% -8.5% Total: 3.9 Value (Euro mn) & Growth 2001-2002 Volumes (bn units) SpainFranceInternational

49. 49 EU tax regulation: no adverse effect for Altadis Minimum excise tax per 1,000 cigarettes on MPPC: Euro 60 (July 2002, January 2005 in Spain) and Euro 64 (July 2006, January 2008 in Spain) Altadis intended price policy is in harmony with and supported by this new EU requirement  Spain: Euro 60 requires an average 3.3 % yearly increase of MPPC* (Fortuna) from 2003 & 2004 Euro 64 requires an average 2.4 % yearly increase from 2005 to 2007  No impact elsewhere (France, Germany) Retail prices (Euro)1.952.503.90 Excise tax (% of retail price)58.01%57.13%58.99% Tax (Euro / 1,000 cigarettes)56.5671.41115.03 SPAINFRANCE MPPC* (Marlboro) MarlboroMPPC* (Fortuna) SITUATION AS OF FEBRUARY 2003 EU regulation *MPPC: Most popular price category

50. 50 Altadis cigar sales per markets: stable sales ex USD impact ExportFrance 31/12/0131/12/02 781755 SpainUSAHabanos (50%) Value (Euro mn) & Growth 2001-2002 -13.0% Other sales +2.8% (+8.8% ex USD impact) +3.3% -9,4% -19.4% (-14.9% ex USD impact) n.s. -3.3% (+ 0.9% ex USD impact)

51. 51 Limited off-balance sheet contingencies Equity swap for stock-options plans for Euro 160 million Interest rate swap for Euro 697 million at 3.44 % (2003) Interest rate hedge for USD 84 million at 1.73 % (2003) Comfort letter for a Euro 120 million bank loan to Habanos, 50 % of which is currently in Altadis balance sheet Currently, no material leasing agreements. Leasing to be signed for the Madrid head office. Long term rental contracts for Paris head office Most pension schemes are contribution based

52. 52 ALTADIS SITUATION: KEY FACTORS AND PARTICULARLY THE ABSENCE OF : Litigation risk is limited Ongoing cases: Six individuals + 4 associations of persons with laryngectomy + Andalusian Local Government in Spain Nine favourable rulings, and no final adverse decision In the case by the Andalusian Local Government, the Court has dismissed competence of the Civil Court (turning the case to the administrative jurisdiction) Favourable decisions are often very clear-cut decision like in the Gourlain case in September 2001 or, more recently, in the Loupias case are fundamentally distinguishing Europe and the US, thus conducing to a totally different type and level of risk class actions punitive damages contingency fees popular juries

53. 53 Quarterly data 2002 Cigarette374.4438.3419.1457.01,688.8 Cigar173.5201.3199.8180.6755.2 Logistics156.1194.1184.0206.5740.7 Others and adjustments1.8-0.8-7.13.5-2.6 Total705.8833.0795.6847.53,182.1 Cigarette119.3143.0151.1158.2571.7 Cigar35.448.351.636.5171.8 Logistics50.557.458.964.3231.1 Others and adjustments 5.0-1.62.0-8.8-3.5 Total210.2247.1263.5250.2971.1 (Figures in million Euros) ECONOMIC SALES 2002 (Figures in million Euros) EBITDA 2002 Q1Q2Q3Q4 Full