Insider Trades - OLCZAK JACEK

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OLCZAK JACEK: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
PHILIP MORRIS INTL Officer NYSE:PM (historical quotes, profile, other insiders)	22-Dec-09	46,918	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
22-Dec-09 7,419 PM Option Exercise at $11.16 per share.
(Cost of $82,796)
22-Dec-09 7,419 PM Sale at $49.67 per share.
(Proceeds of $368,501)
27-May-09 3,189 PM Option Exercise at $20.92 per share.
(Cost of $66,713)
1-Apr-09 43,729 PM Statement of Ownership

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
22-Dec-09	7,419	PM	Option Exercise at $11.16 per share. (Cost of $82,796)
22-Dec-09	7,419	PM	Sale at $49.67 per share. (Proceeds of $368,501)
27-May-09	3,189	PM	Option Exercise at $20.92 per share. (Cost of $66,713)
1-Apr-09	43,729	PM	Statement of Ownership