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MM West Hill Street -P 0. Box 350.90-Louisvil1c. Kentucky 4OZ72
April 17, 1979
Secretar
British-American Tobacco Co. Ltd.
P.O. Box 482
Westminster House, 7 Millbank
London, SWlP 3JE, England
Dear Sir:
By letter dated. February 7. 1977i your company and Brown & Williamson
Tobacco Corporation ("B&W") agreed to a formula for sharing the costs
of Central Group Research equitably among the major affiliates benefiting
from that research effort. B&Wls annual contribution rate was set in
the agreement at 0. 1 5 10 of net turnover.
The Group commitment to research and development has increased sub-
stantially since the date of the agreement, necessitating a change in the
contribution formula. Accordingly, it is agreed that, beginning October 1.
1978, B&W shall contribute to the cost of Central Group Research an
amount equal to 0. 2 1016 of its net turnover for each fiscal year.
Sincerely,
BROWN & WILLIAMSON TOBACCO CORPORATION
AGREED:
BRITISH-AMER1CAN TOBACCO CO. LTD.
By_