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From: 249443	11/6/2004 1:54:38 PM
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11/8/04 Barrons on Altria Breakup: Smoking Out Value by Andrew Bary In a breakup, Altria could be worth more than $70 a share. Carving out Kraft. A Breakup's Value Over $70 a share, if Altria's plan proceeds By ANDREW BARY INVESTORS IN ALTRIA GROUP GOT GOOD NEWS Thursday when the tobacco giant, parent of Philip Morris, said it likely will split itself into two or three parts once its legal problems recede. Wall Street cheered the unexpected announcement. Altria's shares rose 5 points to 54 last week, and in a breakup, its pieces could be worth over $70 a share.

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