ANALYSIS OF SHARES HELD IN IMPERIAL TOBACCO COMPANY OF CANADA LIMITED
(I DECEMBER 1970 SAME CHANGED TO IMASCO LIMITED)
COMNON SHARES
shares held byt BRITISH-AMERICAN TOBACCO CO- LTD
Nom Value
Sep 1908 45,820 C$100 Allotted in exchange for
holdings in American Tobacco Co
of Canada, Empire Tobacco Co
and 8 Roude Ltd
Sep 1908 9 C$100 Purchased for cash
Sep 1909 (895) C;100 Transferred to Trust
Jan 1912 896,680 C$5 split to C$5 shares
Jan 1912 4,493,4067 C$5 5 Shares in new company for 1
in old company.
Dec 1912 (40,000) C$5 Sold for cash
Dec 1912 (250,000) CO Sold for cash
Oct 1917 (11000,000) C$5 Sold for cash
3,203,400
Jill 1921 400,000 C$5 Allotted in exchange for trade
Marks
Jan 1927 942,620 C$5 Allotment in exchange for
Imperial Tobacco Bonds
4,546,020
Sep 1928 (1,136,505) C$ 25% Sold to International
3,409,515 Investments Ltd as nominee for
Tobacco Securities Trust
Oct 1928 681,903 C;S 1:5 Bonus issue
I Apr 1935 3,840 C$5 Transferred from Insurance Fund
Investments Co Ltd
18 Oct 1943 1,055 C$5 Exchanged for 65 shares of
B Houde & Co Ltd
2 Mar 1949 102,000 C$5 Exchanged for 20,400 shares of
imperial Tobacco Company
(Newfoundland) Ltd
-8 Feb 1950 7, SOO C$5 Allotted as part payment for
trade marks owned by Brown
Williamson Tobacco Company
(Export) Ltd
31 Jul 1950 37,791 -C$S Received from liquidation of
international Foils Ltd
28 Dec 1950 31,960 C$5 Allotted in exchange for Ships
Stores business in Canada
-28 Doc 1950 40 C$5 Allotted as part payment for
trade marks owned by Brown
Williamson Tobacco Company
(Export) Ltd
4 Jan 1962 4,27S, 604 NPV Shares altered from C$5 to bTPV
24 Oct 1972 (4,275,604) NPV Sale to Westanley Trading
Investment Co Ltd
NIL
CO
BAT Industries document for Province of British Columbia 12 April 1999

COMMON SHARES
Shares held by: I MBAT B.V.*
Nom Value
23 Nov 1976 325,000 VPV Purchased from B.A.T Industries
30 Jul 1980 325,000 NPV 2:1 share split
650, 000
23 Nov 1982 650,000 2:1 share split
1. 30 0, 006'
22 Mar 1985 1,300,000 2:1 share split
0
*Imbat was formed on 30 June 1976 by Imasco Ltd and British-American
Tobacco Company Limited holding shares as follows:-
I sxued Capital
7%
Ordinary Preference
Imasco Ltd - 1250
British-American Tobacco Co. Ltd 1250 -
1250 1250
On 30 June 1981 Imasco Ltd and British-American Tobacco sold their
nterests in Imasco to Westanley Trading and Investment Co Ltd. The
preference shares carry the right to participate in dividends beyond a
ixed level of distribution to the ordinary shareholders and therefore
f
i form part of IMBAT's equity share capital. Prior to Imasco's sale
therefore IMBAT was not treated as a subsidiary of B.A.T Industries.
COMMON SHARES
Shares held by: BATUS INVESTMENTS INC
Nom Value
14 Dec. 19B4 6,800,000 NPV Private Placement by Imasco
CD
Co
(-n
BAT Industries document for Province of British Columbia 12 April 1999

COMHOW-SHARES
Sbares held by: WESTANLEY TRADING & INVESTMENT CO LTD
NCO Value
24- O=-t-z 1972 4,275,604 NPV Purchase from British-American
Tobacco Company
21 Sep 1976 557,000 NPV Purchase from Tobacco
securities Trust co Ltd
4,832,604
30 Jul 1980 4,832,604 NPV 2:1 Share split
9,665-,=
23 Nov .19.82 9,665,208 NPV 2:1 Share split
22 Nbv- 1985 19,330,416 NPV 2:1 Share split
33,660,832
COMMON SHARES
Shares- h-eld Sys TOBACCO SECURITIES TRUST CO LTD
123 -ju-1y I GED TO B.A.T INDUSTRIES-PLC)
Rom Value
27 Sep 1928 1,136,505 C$5 Purchase from British-American
Tobacco Company by
International Investments as
nominee
Ck--C- 192B 227,301 C$5 1:5 Bonus issue
15 Aug 1930 3,000 C$5 Stock Market purchase
24 Mar 1949 18,000 C$S Purchase from Tobacco
Investments Ltd
20 Otti 1952 194 C$5 Stock Market purchase
4, Jair 1362 1,382,000- NPV Shares altered from C$5 to NPV
2 Nov 1973 (500,000) NPV Stock Market sale
23:'No7.-. 1,9 7.6 (325,000) NPV Sale to Imbat BV
21 Sep 1976 (557,000) NPV Sale to Westanley Trading
Investment Co Ltd
NIL
COMMON SHARES
,#"",\-Shares hel3 BY: INTERNATIONAL INVESTMENTS LTD
'(16 April 1929 NAME CHANGED TO TOBACCO INVESTMENTS LTD)
2 Mar 1949 18,000. C$5 Received in exchange for 3, 6uu
shares of Imperial Tobacco Co
(New Foundlar ) Ltd taken over
by Imperial Tobacco
24 Mar 1949 (18,000) C*5 Sold to Tobacco Securities
Trust Company Limited
NIL
N.)
C@
NJ
co
Qn
inch
BAT Industries document for Province of British Columbia 12 April 1999

6% PRBFERZNCE SHARES
Shares bold by: BRITISH AMERICAN TOBACCO CO LTD
Nom Value
sigii 1908 627,377 11 Allotted in exchange for
holdings in American Tobacco Co
of Canada, Empire Tobacco Co
Ltd and B Houde Co Ltd
Sep 1908 110,414 El Purchased by BATCo New York
Office
Oct 1908 (737,791) 11 Sold to public
NIL
Oct 1908 300,6=0 LI Purchased through prospectus
offer
May 1912 75,000 LI Allotted for cash
Aug 1912 80,800 Li Allotted for cash
Jan 1913 640 11 Purchased from disentient
shareholders
Jun 1913 150,000 Li Allotted for cash
Jul 1913 50,918 11 Allotted for cash
J41 1914 10,400 LI Purchased in Market
'Jul 1914 (392,678) 11 Sold in Market
1934 75,080 C$4- 86 2/3 Court Action required shares to
be designated in Canadian
Dollars
24-.Qct..1.972 275,080 C$ 4. 86 2/3 Sold to Westanley Trading &
investment Company Limited
NIL
air
6 iZRENCZ SNARES
Shares held
WESTANLEY TRADING INVESTMENT COMPANY LIMITED
Kom Value
24 6;:@ 1972 275,080 C$4.86 2/3 Purchased from BATCo
CD
r1%j
Co
BAT Industries document for Province of British Columbia 12 April 1999