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British American Tobacco neither endorses, nor accepts responsibility for, any material published or relied upon by any analyst listed nor does it endorse or accept any responsibility whatsoever for the views of these or any other analysts reporting on the Company.

The following analysts cover British American Tobacco:

• Anchor (SA) – Rey Wium
• Avior Capital MarketsÌý– Mike Steere
• BofA Securities – Bastien Agaud
• BarclaysÌý– Gaurav Jain
• CitibankÌý– Simon Hales
• Deutsche Numis – Damian McNeela
• Goldman Sachs – Richard Felton
• Investec Securities (SA) – Anthony Geard
• JefferiesÌý–ÌýAndrei Andon-Ionita
• JP MorganÌý– Philip Spain
  
• Morgan StanleyÌý–ÌýRashad Kawan
• Panmure Gordon – Rae Maile
• Royal Bank of Canada – James Edwardes-Jones
• Standard Bank Group (SA) –ÌýSumil Seeraj
• UBSÌý–ÌýFaham Baig