OREANDA-NEWS. February 20, 2015. Philip Morris International Inc.’s (NYSE / Paris Euronext: PM) Chief Financial Officer, Jacek Olczak, addresses investors today at the CAGNY Conference in Boca Raton, Florida.

The presentation and Q&A session are being webcast live, in a listen-only mode, beginning at approximately 1:45 p.m. ET, at www.pmi.com/webcasts. An archived copy of the webcast, together with presentation remarks and slides, will be available on the same site. The presentation will include an overview of the Company’s: 2014 results and expectations for 2015; currency exposure and strategies to mitigate its impact; superior brand portfolio, its performance and outlook; exciting prospects for its Reduced-Risk Products*, including the launch of its new e-vapor product, Solaris; focus on managing cash flow prudently, notably through the judicious management of working capital and capital expenditures; and commitment to returning cash to shareholders.

PMI also reaffirms its guidance, announced on February 5, for 2015 full-year reported diluted earnings per share to be in a range of \\$4.27 to \\$4.37, at prevailing exchange rates at that time, versus \\$4.76 in 2014. Excluding an unfavorable currency impact, at then prevailing rates, of approximately \\$1.15 per share for the full-year 2015, the reported diluted earnings per share range represents an increase of 8% to 10% versus adjusted diluted earnings per share of \\$5.02 in 2014. This guidance includes incremental spending versus 2014 for our Reduced-Risk Product, iQOS, and does not include any share repurchases in 2015.

Adjusted diluted earnings per share of \\$5.02 in 2014 are calculated as reported diluted earnings per share of \\$4.76, plus a \\$0.26 per share charge related to asset impairment and exit costs.

This 2015 guidance excludes the impact of future acquisitions, unanticipated asset impairment and exit cost charges, future changes in currency exchange rates and any unusual events.