Lorillard Board of Directors Adopts Majority Vote Standard, Enhanced Disclosure Measures

Lorillard, Inc. LO today announced that its Board of Directors voted to establish a majority vote standard in director elections and to enhance disclosure of Lorillard political contributions. Meeting in New York, NY yesterday, the Board adopted the two measures unanimously. Both issues had been presented as shareholder proposals at Lorillard's Annual Meeting of Shareholders in May 2011. Although the political contribution proposal was rejected by shareholders, the Board decided on its own to enhance the Company's website disclosure. Meeting in New York, NY yesterday, the Board adopted the two measures unanimously. Both issues had been presented as shareholder proposals at Lorillard's Annual Meeting of Shareholders in May 2011. Although the political contribution proposal was rejected by shareholders, the Board decided on its own to enhance the Company's website disclosure.