Philip Morris presents at JP Morgan Global Tobacco Conference

NEW YORK - Philip Morris International Inc.’s (NYSE / Paris Euronext: PM) Chief Operating Officer André Calantzopoulos will address investors today at the JP Morgan Global Tobacco Conference at the Mandarin Oriental Hotel in London.
The presentation and Q&A session are being webcast live, in a listen-only mode, beginning at approximately 9:25 a.m. London Time. An archived copy of the webcast, together with selected slides, will be available on the same site until 5:00 p.m. ET on Friday, July 18, 2008.
Highlights of the presentation include Philip Morris International’s (PMI) key brand strategies and an update on major market performances.
The presentation may contain projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.
PMI is subject to other risks detailed from time to time in its publicly filed documents, including the Quarterly Report on Form 10-Q for the period ended March 31, 2008. PMI cautions that the list of important factors is not complete and does not undertake to update any forward-looking statements that it may make.

Scottish city to offer smokers food vouchers in return for quitting cigarettes

LONDON — Authorities in a Scottish city are offering smokers food vouchers if they quit.

Health officials in Dundee say ex-smokers will be given $25 a week on an electronic card. The credits can be redeemed in stores for fresh food and groceries, but not alcohol or cigarettes.

Participants in the pilot program will get help giving up cigarettes and will have to undergo weekly carbon monoxide breath tests to prove they have not started again.

Authorities said Saturday that the project will start in the fall. They hope it can help 900 people quit smoking over the next two years.

Dundee is Scotland's fourth-largest city and has one of Britain's highest smoking rates.