PHILIP MORRIS COMPANIES INC NNTER-QFFICE CORRESPONDENCE PARK AVENUE NEWYORK 10017- 592 Distribution TO: DATE:   Navember 10, 1998 Frank Toscano FROM: SUBJECT: 1999 ORIGINAL BUDGET PRESENTATION FOR THE JANUARX ZZ 1999 BQARD QE DIRECTQRS MEETING Enclosed is Ihe agenda for the Board presentation of the 1999 Original Budget   This years presentation should focus an the principal profitable growth initiatives driving aur base business and ur geographic progress in intemational markets_ An integral part of the presentation will continue to be slides of product shots, advertising; merchandising efforts new geographies_ etc: Please use Ihe fommat of last year t0 include: Focus discussion on 1999 projected business results; minimum discussion of 1998 results_ Include an IFO varance analysis (1999 vs. 1998) cearly explaining why IFO is changing fommat for this analysis is attached_ Identify what countrieslproducts are the key IFO contributors comparison of your 1999 budget IFO to the 1999 year reported in the latest five-year plan and explanation of any vananco An explanation of significant prolcons fcr your 1999 budget Bill Webb will do the introduction {ollowed by Bob Eckert, John Bowlin, Jack MacDonough; Mike Szymanczyk and Andreas Gembler; Louis Camilleri will present an overview of the corporation from operating incame down t0 eamings per share. Bill will then conclude the The entire presentation should take no more than 50 minutes The time presentation: allocated t0 your individual presentation shown on the enclosed agenda Please stay within this time allotment s0 we can keep tha total presenlation on schedule Rich Cautero and his department will closety coordinate with you the preparation of the All slides_ presentation: except product shots will be prepared here s0 adequate time is ead required Please submit first draft of your speech and hard copies of your slidas to Rich Cautero by January 1999 Rehearsals are scheduled on: 10.00 a.m. 1200 p.m: January 13 January 19 2.30 p.m: 4.30 p.m: 400 P.m: (LCC ONLY) January 22 2.30 p.m: January 25 3.00 p.m; 4,30 p.m: 1 contact Rich Cautero or me Should you have any questions. do not hesitate Enclosures
PHILIP MORRIS COMPANIES INC NNTER-QFFICE CORRESPONDENCE PARK AVENUE NEWYORK 10017- 592 Distribution TO: DATE:   Navember 10, 1998 Frank Toscano FROM: SUBJECT: 1999 ORIGINAL BUDGET PRESENTATION FOR THE JANUARX ZZ 1999 BQARD QE DIRECTQRS MEETING Enclosed is Ihe agenda for the Board presentation of the 1999 Original Budget   This years presentation should focus an the principal profitable growth initiatives driving aur base business and ur geographic progress in intemational markets_ An integral part of the presentation will continue to be slides of product shots, advertising; merchandising efforts new geographies_ etc: Please use Ihe fommat of last year t0 include: Focus discussion on 1999 projected business results; minimum discussion of 1998 results_ Include an IFO varance analysis (1999 vs. 1998) cearly explaining why IFO is changing fommat for this analysis is attached_ Identify what countrieslproducts are the key IFO contributors comparison of your 1999 budget IFO to the 1999 year reported in the latest five-year plan and explanation of any vananco An explanation of significant prolcons fcr your 1999 budget Bill Webb will do the introduction {ollowed by Bob Eckert, John Bowlin, Jack MacDonough; Mike Szymanczyk and Andreas Gembler; Louis Camilleri will present an overview of the corporation from operating incame down t0 eamings per share. Bill will then conclude the presentation: The entire presentation should take no more than 50 minutes The time allocated t0 your individual presentation shown on the enclosed agenda Please stay within this time allotment s0 we can keep tha total presenlation on schedule Rich  Cautero and his department will closety coordinate with you the preparation of the presentation: All slides_ except product shots will be prepared here s0 adequate ead time is required Please submit first draft of your speech and hard copies of your slidas to Rich Cautero by January 1999 Rehearsals are scheduled on: 10.00 a.m. 1200 p.m: 2.30 p.m: 4.30 p.m: 2.30 p.m: 400 P.m: (LCC ONLY) 3.00 p.m; 4,30 p.m: January 13 January 19 January 22 January 25 Should you have any questions. do not hesitate contact Rich Cautero or me Enclosures 1