Exhibit 99.1
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Alliance One International, Inc. | | Tel: 919 379 4300 | |  |
8001 Aerial Center Parkway | | Fax: 919 379 4346 | |
Post Office Box 2009 | | www.aointl.com | |
Morrisville, NC 27560-2009 | | | |
USA | | | |
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| NEWS RELEASE | | Contact: | | Joel Thomas (919) 379-4300 |
| August 30, 2007 | | | | |
Alliance One International, Inc. Announces Exchange Offer
For 8 1/2% Senior Notes due 2012
Morrisville, NC – Alliance One International, Inc. (NYSE: AOI) announced today that it has commenced an exchange offer for all of its outstanding 8 1/2% Senior Notes due 2012. Alliance One is offering to exchange up to $150,000,000 aggregate principal amount of its 8 1/2% Senior Notes due 2012 which have been registered under the Securities Act of 1933, as amended, for a like principal amount of its original unregistered 8 1/2% Senior Notes due 2012. The terms of the exchange securities are identical in all material respects to the terms of the original securities for which they are being exchanged, except that the registration rights and the transfer restrictions, applicable to the original securities are not applicable to the exchange securities.
Alliance One will accept for exchange any and all original securities validly tendered on or prior to 5:00 p.m., New York City time, on the date the exchange offer expires, which will be October 1, 2007, unless the exchange offer is extended by Alliance One.
The exchange offer is made only pursuant to Alliance One’s prospectus, dated August 30, 2007, which will be filed with the Securities and Exchange Commission as part of Alliance One’s Registration Statement on Form S-4. The Registration Statement was declared effective by the Securities and Exchange Commission on August 29, 2007.
Copies of the prospectus and transmittal materials governing the exchange offer may be obtained from the Exchange Agent, Deutsche Bank Trust Company Americas, at the following address:
Deutsche Bank Trust Company Americas
DB Services Tennessee, Inc.
Reorganization Unit
P.O. Box 305050
Nashville, Tennessee 37211
Phone (800) 735-7777
Fax: (615) 835-3701
Email:SPU-Reorg.Operations@db.com.
This press release contains forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking
statements is contained in the section titled “Factors that May Affect Future Results” in our Annual Report on Form 10-K for the year ended March 31, 2007 and under the heading of “Risk Factors” listed from time to time in the Company’s filings with the Securities and Exchange Commission.
Alliance One International, Inc. is a leading independent leaf tobacco merchant. For more information on Alliance One, visit the Company’s website at http://www.aointl.com.
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