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A Message from the Chairman and CEO

To Our Fellow Stockholders,
Whether in film, television or publishing, this is an exciting time for the media industry. It is also a time of great opportunity, with changes in technology and consumer behavior opening up new avenues for revenue generation and cost savings for companies that have the resources and talent to capitalize on them.

To Our Shareholders

2010 is here, and The New York Times Company is continuing to make the transition from an enterprise that operated primarily in print to one that is increasingly digital and multiplatform in delivery and global in reach.

Dear Shareholder

The past few years have been ones of substantial change at Altria as the company has positioned itself to take advantage of evolving adult tobacco consumer preferences. Since the spin-off of Philip Morris International Inc. two years ago, Altria has successfully integrated John Middleton Co., as well as UST LLC and its smokeless tobacco subsidiary, U.S. Smokeless Tobacco Company.

Fellow Shareholders,

During 2009, we celebrated the 15th anniversary of the formation of DreamWorks and our launch into the field of animation as well as our fifth year as a publicly traded company. We looked back with some pride, since in just a decade and a half, we have grown into the world’s largest animation studio that today includes some of the most successful franchises ever created. But mostly, we used the occasion to look forward, as our success is now enabling our company to become more than an animation studio, but truly a family entertainment company.

A LETTER FROM OUR CHAIRMAN AND CHIEF EXECUTIVE OFFICER

Dear Fellow Shareowner:
We are pleased to share with you that the passion and determination belonging to the women and men of Coca-Cola helped our Company continue to grow during the worst economic environment since World War II. Our intense focus on growing our brands, gaining share, driving revenue growth and leveraging productivity enabled our Company to meet our 2009 volume and profit growth goals, in line with our long-term targets.

To Our Shareholders:

I’ve never been so proud of the accomplishments of our organization as I am about our performance in 2009. In spite of the weak economy, we initiated unprecedented changes in our business – unifying Macy’s into a single organization, rolling out our successful My Macy’s initiative nationwide, upgrading our information systems and technology, and strategically reducing expenses, inventory levels and capital expenditures.

Dear Colgate Shareholder

Another Year Of Strong Performance In 2009
We are delighted that our strong performance continued in 2009 despite difficult economic conditions worldwide. In a year marked by volatile financial and currency markets and slow economic growth, Colgate’s operating profit, net income and diluted earnings per share all increased at a double-digit rate and were at record high levels.