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Lorillard, Inc. Reports Second Quarter 2008 Results 

"We are pleased to report our first quarter as an independent public company," said Martin Orlowsky, Chairman, President and CEO, Lorillard, Inc. "We look forward to a continuation of our core strategy of balancing profitability and Newport share growth. Our leading position in the menthol segment and our focus on operational excellence will support our on-going commitment to long-term success and enhanced shareholder value. Our recent announcement of a $400 million share repurchase authorization is a demonstration of our interest in furthering shareholder value as part of our overall strategy."

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