REMARKS BY STEVE PARRISH PHILIP MORRISIUST PRESS CONFERENCE May 15,1996 coming; Welcome and thank you for Im Steve Parrish, Senior Vice President, Corporate Affairs, Philip Morris Companies Inc With me is Executive Vice President and General Counsel, UST, Inc. Richard Verheij spoke to a group of high school students Last week, President Clinton Woodbridge, New Jersey about tobacco The President directed some of his comments to the tobacco industry, saying do not stay outside of and Do the right apart from this debate And he went on to say 'Join with us. thing: Today, Philip Morris U.S.A. and United States Tobacco Company, the largest manufacturers of cigarettes and smokeless tobacco products in challenge; Together, this country_ accept the President' s proposing we are reaching and unprecedented federal legislation on the issue of far underage use of tobacco: actively seeking support for this And we will be initiative For our companies, this initiative builds on our fundamental propositions that minors should not use commitment to the or even have products. Anyone who violates these principles should access t0 - tobacco feel the full weight of the law. We offer this comprehensive plan in the hope that all sides in the debate will set aside the hostility of the past and work together s0 that kids products We need to act on this issue nQw, notjust will not use tobacco continue the debate about it Most of us agree on the central issues. Everyone agrees that kids 1 And all reasonable people agree that adults should shouldn't use tobacco be able to smoke or use smokeless tobacco if they want to_ right to market our products to The President has said that we have He has also said he would welcome Congressional action instead adults.
REMARKS BY STEVE PARRISH PHILIP MORRISIUST PRESS CONFERENCE May 15,1996 Welcome and thank you for coming; Im Steve Parrish, Senior Vice President, Corporate Affairs, Philip Morris Companies Inc With me is Richard Verheij Executive Vice President and General Counsel, UST, Inc. Last week, President Clinton spoke to a group of high school students Woodbridge, New Jersey about tobacco The President directed some of his comments to the tobacco industry, saying do not stay outside of and apart from this debate And he went on to say 'Join with us. Do the right thing: Today, Philip Morris U.S.A. and United States Tobacco Company, the largest manufacturers of cigarettes and smokeless tobacco products in this country_ accept the President' s challenge; Together, we are proposing far reaching and unprecedented federal legislation on the issue of underage use of tobacco: And we will be actively seeking support for this initiative For our companies, this initiative builds on our fundamental commitment to the propositions that minors should not use or even have access t0 - tobacco products. Anyone who violates these principles should feel the full weight of the law. We offer this comprehensive plan in the hope that all sides in the debate will set aside the hostility of the past and work together s0 that kids will not use tobacco products We need to act on this issue nQw, notjust continue the debate about it Most of us agree on the central issues. Everyone agrees that kids shouldn't use tobacco And all reasonable people agree that adults should be able to smoke or use smokeless tobacco if they want to_ 1 The President has said that we have right to market our products to adults. He has also said he would welcome Congressional action instead