<PAGE>
EXHIBIT 99(a)(5)(v)
JRC ACQUISITION CORP. CONFIRMS RESULTS OF TENDER OFFER
TO ACQUIRE ALL OUTSTANDING SHARES OF 800-JR CIGAR, INC.
WHIPPANY, NJ, September 27, 2000 - As previously announced, JRC
Acquisition Corp., a wholly owned subsidiary of L&LR, Inc., has completed its
cash tender offer to acquire all outstanding shares of common stock of 800-JR
CIGAR, Inc. other than the shares owned by Lew Rothman, LaVonda M. Rothman and
the Lewis I. Rothman 1998 Trust #1 for $13.00 per share. The Rothmans and the
1998 Rothman Trust contributed their shares of 800-JR CIGAR to JRC's parent,
L&LR, and L&LR in turn contributed the shares to JRC on September 26, 2000.
The offer expired at 12:00 Midnight New York City time on September 26,
2000. JRC has confirmed that it purchased pursuant to the offer approximately
1,802,379 shares of common stock of 800-JR CIGAR at a price of $13.00 per share,
representing approximately 70.3% of the total number of shares not owned by JRC
and certain trusts of which the Rothmans are trustees.
Following its purchase of the 1,802,379 shares of common stock of
800-JR CIGAR pursuant to the offer, JRC and certain trusts of which the Rothmans
are trustees owned approximately 11,102,379 shares of common stock, or
approximately 93.6% of the total issued and outstanding shares of common stock
of 800-JR CIGAR.
