S.Korea's KT&G Says Wins $476 Mln Cigarettes Order

Source from:  SEOUL, Jan 21 (Reuters) Mon Jan 21, 2008 01/22/2008

KT&G Corp (033780.KS: Quote, Profile, Research), South Korea's top tobacco company, said on Monday it had agreed to sell 450.7 billion won ($476.3 million) worth of cigarettes to Alokozay International Limited. KT&G said in a filing to the Korea Exchange that those cigarettes would be sold in the Middle East and Russia. Alokozay International Ltd's website describes the Alokozay group as a major organisation in the tea and cigarette industries. The site says the group comprises three main companies in the United Arab Emirates. ($1=946.3 Won) (Reporting by Cheon Jong-woo; Editing by Keiron Henderson) Enditem