Analyst Coverage

Firm Analyst
Bank of America Merrill Lynch   Christopher Ferrara
Barclays Capital   Michael J. Branca
Citi Investment Research   Vivien Azer
Credit Agricole Securities   Michael Lavery
Davenport & Company   Ann H. Gurkin
Deutsche Bank   Christina McGlone
Goldman Sachs   Judy E. Hong
JP Morgan Cazenove   Rae Maile
Morgan Stanley   David J. Adelman
Stifel Nicolaus   Christopher Growe
UBS   Nik Modi
Wells Fargo Securities   Bonnie Herzog

Reynolds American Inc. is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Reynolds American Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Reynolds American Inc. or its management. Reynolds American Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.