<PAGE>
---------------------------
OMB APPROVAL
---------------------------
OMB number: 3235-0145
Expires: December 31, 1997
Estimated average burden
hours per response... 14.90
---------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
-----
General Cigar Holdings, Inc.
-------------------------------------------------------------
(Name of Issuer)
Class A Common Stock
---------------------------------------------------
(Title of Class of Securities)
36933P100
-----------------------------------------
(CUSIP Number)
Stuart Panish, c/o Zweig-DiMenna Associates LLC, 900 Third Avenue,
New York, New York 10022 (212) 451-1100
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
July 22, 1997
-------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].
Check the following box if a fee is being paid with this statement [_]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
SCHEDULE 13D
CUSIP NO. 36933P100 Page 2 of __ Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Zweig-DiMenna Partners, L.P., Zweig-DiMenna International Limited
Zweig-DiMenna International Managers, Inc., on behalf of a discretionary
account
Gotham Advisors, Inc., on behalf of a discretionary account
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
3 SEC USE ONLY
4 SOURCE OF FUNDS* WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [_]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Zweig-DiMenna Partners, L.P.-New York, Zweig-DiMenna International
Limited - British Virgin Islands
Zweig-DiMenna International Managers, Inc., on behalf of a
discretionary account - Delaware
Gotham Advisors, Inc., on behalf of a discretionary account - Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7 SOLE VOTING POWER
Zweig-DiMenna Partners, L.P. - 99,600; Zweig-DiMenna International
Limited - 211,100
Zweig-DiMenna International Managers, Inc., on behalf of a
discretionary account - 47,800
Gotham Advisors, Inc., on behalf of a discretionary account - 25,200
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
Zweig-DiMenna Partners, L.P. - 99,600; Zweig-DiMenna International
Limited - 211,100
Zweig-DiMenna International Managers, Inc., on behalf of a
discretionary account - 47,800
Gotham Advisors, Inc., on behalf of a discretionary account - 25,200
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Zweig-DiMenna Partners, L.P. - 99,600; Zweig-DiMenna International
Limited - 211,100
Zweig-DiMenna International Managers, Inc., on behalf of a
discretionary account - 47,800
Gotham Advisors, Inc., on behalf of a discretionary account - 25,200
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 INCLUDES CERTAIN SHARES*
[_]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
Total - 5.6%
Zweig-DiMenna Partners, L.P. - 1.4%; Zweig-DiMenna International
Limited - 3.1%
Zweig-DiMenna International Managers, Inc., on behalf of a
discretionary account - 0.7%
Gotham Advisors, Inc., on behalf of a discretionary account - 0.4%
14 TYPE OF REPORTING PERSON*
Zweig-DiMenna Partners, L.P. - PN
Zweig-DiMenna International Limited - CO
Zweig-DiMenna International Managers, Inc. - CO
Gotham Advisors, Inc. - CO
<PAGE>
SCHEDULE 13D
ITEM 1 SECURITY AND ISSUER
General Cigar Holdings, Inc.
387 Park Avenue South
New York, N.Y. 10016-8899
Class A Common Stock, par value $0.01 per share
ITEM 2 IDENTITY AND BACKGROUND
A. Zweig-DiMenna Partners, L.P.
Zweig-DiMenna Partners, L.P., a New York limited partnership, is a private
investment partnership which seeks appreciation of the Partnership's assets
for the benefit of its partners. The address of its principal business and
its principal office is 900 Third Avenue, New York, New York 10022. The
following information is provided as to each general partner of Zweig-
DiMenna Partners, L.P. :
1. Zweig-DiMenna Associates LLC, a New York limited liability company, is
the managing general partner of Zweig-DiMenna Partners, L.P. Its principal
business and office address is 900 Third Avenue, New York, New York 10022.
Its managing directors are Martin E. Zweig and Joseph A. DiMenna, and its
principals are Brenda M. Earl, Carol R. Whitehead and Jeffrey R. Perry. Dr.
Zweig, Mr. DiMenna, Ms. Earl, Ms. Whitehead and Mr. Perry are the sole
members of Zweig-DiMenna Associates LLC. The following information is
provided as to each of the above mentioned managing directors and
principals.
i) a) Name - Martin E. Zweig
b) Residence or Business Address - 900 Third Avenue, New York, New
York 10022.
c) Present Principal Occupation, etc. - Dr. Zweig is Chairman of the
Board and President of The Zweig Fund, Inc. and The Zweig Total Return
Fund, Inc., each of which is a New York Stock Exchange listed
investment company. He is also President of Zweig Advisors Inc., Zweig
Total Return Advisors, Inc., Gotham Advisors, Inc., Zweig Associates,
Inc., Zweig-DiMenna International Managers, Inc. and Zweig Securities
Advisory Service, Inc. He is Chairman of Euclid Advisors LLC. He is
President of the Zweig Series Trust mutual fund and Chairman of
Zweig/Glaser Advisers, the investment manager of the Zweig Series
Trust. Dr. Zweig is a Managing Director of the Managing General Partner
of Zweig-DiMenna Partners, L.P. and Zweig-DiMenna Special
Opportunities, L.P.,
<PAGE>
each of which is an investment partnership. The
business address of the principal entities referred to above is 900
Third Avenue, New York, New York 10022.
d) Dr. Zweig is a citizen of the United States.
ii) a) Name - Joseph A. DiMenna.
b) Residence or Business Address - 900 Third Avenue, New York, New
York 10022.
c) Present Principal Occupation, etc. - Mr. DiMenna is a Managing
Director of the Managing General Partner of Zweig-DiMenna Partners,
L.P. and Zweig-DiMenna Special Opportunities, L.P., Executive Vice
President and Treasurer of Zweig Associates, Inc., Executive Vice
President of Zweig-DiMenna International Managers, Inc. and Vice
President of Gotham Advisors, Inc. The business address of the
principal entities referred to above is 900 Third Avenue, New York, New
York 10022.
d) Mr. DiMenna is a citizen of the United States.
iii) a) Name - Brenda M. Earl.
b) Residence or Business Address - 900 Third Avenue, New York, New
York 10022.
c) Present Principal Occupation, etc. - Ms. Earl is a Principal of the
Managing General Partner of Zweig-DiMenna Partners, L.P. and Zweig-
DiMenna Special Opportunities, L.P., Vice President - Research of Zweig
Associates, Inc., and Vice President - Research of Zweig-DiMenna
International Managers, Inc. The business address of the principal
entities referred to above is 900 Third Avenue, New York, New York
10022.
d) Ms. Earl is a citizen of the United States.
iv) a) Name - Carol R. Whitehead.
b) Residence or Business Address - 900 Third Avenue, New York, New
York 10022.
c) Present Principal Occupation, etc. - Ms. Whitehead is a Principal of
the Managing General Partner of Zweig-DiMenna Partners, L.P. and Zweig-
DiMenna Special Opportunities, L.P., Vice President - Marketing of
Zweig Associates, Inc., and Vice President - Business Development of
Zweig-DiMenna International Managers, Inc. The business address of the
principal entities referred to above is 900 Third Avenue, New York, New
York 10022.
<PAGE>
d) Ms. Whitehead is a citizen of the United States.
v) a) Name - Jeffrey R. Perry.
b) Residence or Business Address - 900 Third Avenue, New York, New
York 10022.
c) Present Principal Occupation, etc. - Mr. Perry is a Principal of the
Managing General Partner of Zweig-DiMenna Partners, L.P. and Zweig-
DiMenna Special Opportunities, L.P., Vice President - Research of Zweig
Associates, Inc., and Vice President - Research of Zweig-DiMenna
International Managers, Inc. The business address of the principal
entities referred to above is 900 Third Avenue, New York, New York
10022.
d) Mr. Perry is a citizen of the United States.
2. Zweig Associates, Inc., a New York corporation, is a general partner
of Zweig-DiMenna Partners, L.P. Its principal business and office
address is 900 Third Avenue, New York, New York 10022. Martin E.
Zweig is President, Joseph A. DiMenna is Executive Vice President,
Carol R. Whitehead is Vice President - Marketing and Brenda M. Earl
and Jeffrey R. Perry is each a Vice President - Research of Zweig
Associates, Inc. Martin E. Zweig, Joseph A. DiMenna and Carol
Whitehead are the directors and shareholders of Zweig Associates, Inc.
Reference is made to Item 2.A.1, above, for information about such
individuals.
None of the above, i.e., Zweig-DiMenna Partners, L.P., Zweig-DiMenna
Associates LLC, Zweig Associates, Inc., Martin E. Zweig, Joseph A.
DiMenna, Brenda M. Earl, Carol R. Whitehead or Jeffrey R. Perry has,
during the last five years, (i) been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or (ii) been a
party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to,
Federal or State securities laws or finding any violation with respect
to such laws.
B. Zweig-DiMenna International Limited
Zweig-DiMenna International Limited is incorporated in the Territory of
the British Virgin Islands. Its business is investing and trading
primarily in U.S. equity securities. The address of its principal
business and its principal office is Maritime House, Frederick Street,
Suite 200, P.O. Box N-9932, Nassau, Bahamas. The following information
is provided as to each executive officer and director of such
corporation, each person controlling such corporation and each
executive officer
<PAGE>
and director of any corporation or other person ultimately in control
of such corporation:
1. a) Name - Cedric B. Moss, Managing Director.
b) Residence or Business Address - c/o Dominion Management Services
Limited, P.O. Box N-9932, Maritime House, Frederick Street, Nassau,
Bahamas.
c) Present Principal Occupation, etc. - Mr. Moss is President of
Dominion Management Services Limited, the Administrator of Zweig-
DiMenna International Limited. The business address of the entity
referred to above is Dominion Management Services Limited, P.O. Box N-
9932, Maritime House, Frederick Street, Nassau, Bahamas.
d) Mr. Moss is a Bahamian citizen.
2. a) Name - Frederick A. Mitchell, Director.
b) Residence or Business Address - P.O. Box N3928, Gwendolyn House,
Nassau, Bahamas.
c) Present Principal Occupation, etc. - Mr. Mitchell is a practicing
attorney in the firm Gwendolyn House in Nassau. He is a Senator in the
Senate of the Commonwealth of The Bahamas.
d) Mr. Mitchell is a Bahamian citizen.
3. a) Name - Michael D. Riegels, Director.
b) Residence or Business Address - Harney, Westwood & Riegels,
Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, British Virgin
Islands.
c) Present Principal Occupation, etc. - Mr. Riegels is the Senior
Partner of the law firm of Harney, Westwood & Riegels.
d) Mr. Riegels is a British Dependent Territories Citizen.
4. Zweig-DiMenna International Managers, Inc. - the Investment Manager of
Zweig-DiMenna International Limited. It is incorporated under the laws
of the State of Delaware. Its principal business address and the
address of its principal office is 900 Third Avenue, New York, New York
10022. Dr. Martin E. Zweig and Mr. Joseph A. DiMenna are the directors
and principal officers, and Ms. Carol R Whitehead is Vice President -
Business Development, and Ms. Brenda M. Earl and Mr. Jeffrey R. Perry
is each a Vice President - Research, of Zweig-DiMenna International
Managers, Inc. Martin E. Zweig and Joseph A. DiMenna are the
<PAGE>
principal stockholders of Zweig-DiMenna International Managers, Inc.
Reference is made to Item 2.A.1, above, for information about such
individuals.
None of the above, i.e., Zweig-DiMenna International Limited, Cedric
B. Moss, Frederick A. Mitchell, Michael D. Riegels, or Zweig-DiMenna
International Managers, Inc. has, during the last five years, (i) been
convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors) or (ii) been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a
result of such proceeding was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or
mandating activities subject to, Federal or State securities laws or
finding any violation with respect to such laws.
C. Zweig-DiMenna International Managers, Inc., investment manager for a
foreign discretionary account. Reference is made to Item 2.B.4, above,
for information about Zweig-DiMenna International Managers, Inc. and
its officers, directors and stockholders.
None of the above, i.e., Zweig-DiMenna International Mangers, Inc.,
Martin E. Zweig, Joseph A. DiMenna, Brenda M. Earl, Carol R. Whitehead
or Jeffrey R. Perry has, during the last five years, (i) been convicted
in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or (ii) been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities
subject to, Federal or State securities laws or finding any violation
with respect to such laws.
D. Gotham Advisors, Inc., investment manager for an ERISA plan
discretionary account. It is incorporated under the laws of the State
of Delaware. Its principal business address and the address of its
principal office is 900 Third Avenue, New York, New York 10022. Dr.
Martin E. Zweig is the sole director, and Dr. Zweig and Mr. Joseph A.
DiMenna are the principal officers, of Gotham Advisors, Inc. Dr.
Zweig, Mr. DiMenna and Ms. Brenda M. Earl are the stockholders of
Gotham Advisors, Inc. Reference is made to Item 2.A.1, above, for
information about such individuals.
None of the above, i.e., Gotham Advisors, Inc., Martin E. Zweig, Joseph
A. DiMenna or Brenda M. Earl has, during the last five years, (i) been
convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors) or (ii) been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a
result of such proceeding was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, Federal or State securities laws or finding any
violation with respect to such laws.
<PAGE>
ITEM 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The securities of General Cigar Holdings, Inc., Class A Common Stock
were purchased at an aggregate cost of $8,459,617 with the investment
capital of Zweig-DiMenna International Limited, Zweig-DiMenna Partners,
L.P., the discretionary account managed by Zweig-DiMenna International
Managers, Inc. (the "ZDIM Account"), and the discretionary account
managed by Gotham Advisors, Inc. (the "Gotham Account"). No part of the
purchase price was made up of borrowed funds or funds otherwise
obtained for the purpose of acquiring, holding, trading or voting such
securities.
ITEM 4 PURPOSE OF TRANSACTION
Transactions for the purchase of shares of Class A Common Stock (the
"Shares") of General Cigar Holdings, Inc. (the "Company") were executed
by Zweig-DiMenna International Limited, Zweig-DiMenna Partners, L.P.,
the ZDIM Account, and the Gotham Account (collectively, the
"Investors") for investment purposes only. The Investors continue to
evaluate their ownership and voting position in the Company and may
consider the following future courses of action: (i) continuing to hold
the Shares for investment; (ii) disposing of all or a portion of the
Shares in open market sales or in privately negotiated transactions; or
(iii) acquiring additional shares of common stock in the open market or
in privately negotiated transactions. The Investors have not as yet
determined which of the courses of action specified in this paragraph
they may ultimately take. The Investors' future actions with regard to
this investment in the Company are dependent upon their evaluation of a
variety of circumstances affecting the Company in the future, including
the market price of the Company's common stock, the Company's prospects
and their own portfolios.
Other than as described above, the Investors do not have any present
plans or proposals which relate to or would result in any of the
following (although they reserve the right to develop such plans or
proposals): a) the acquisition by any person of additional securities
of the Company, or the disposition of securities of the Company; b) an
extraordinary corporate transaction, such as a merger, reorganization
or liquidation, involving the Company or any of its subsidiaries; c) a
sale or transfer of a material amount of assets of the Company or any
of its subsidiaries; d) any change in the present board of directors or
management of the Company, including any plans or proposals to change
the number or term of directors or to fill any existing vacancies on
the board; e) any material change in the present capitalization or
dividend policy of the Company; f) any other material change in the
Company's business or corporate structure; g) changes in the Company's
charter, by-laws or instruments corresponding thereto or other actions
which may impede the acquisition or control of the Company by any
person; h) causing a class of securities of the Company to be delisted
from a national securities exchange or to cease to be authorized to be
quoted in an inter-dealer quotation system of a registered national
securities association; i) a class of equity securities of the Company
becoming eligible for termination of registration pursuant to Section
12(g)(4) of the Securities Exchange Act of 1934; or j) any action
similar to those enumerated above.
<PAGE>
ITEM 5 INTEREST IN SECURITIES OF THE ISSUER
a. Aggregate number of shares beneficially owned:
Zweig-DiMenna International Limited - 211,100
Zweig-DiMenna Partners, L.P. - 99,600
ZDIM Account - 47,800
Gotham Account - 25,200
Percent of class beneficially owned:
Zweig-DiMenna International Limited 3.1%
Zweig-DiMenna Partners, L.P. 1.4%
ZDIM Account 0.7%
Gotham Account 0.4%
b. Number of shares as to which there is sole power to vote:
Zweig-DiMenna International Limited - 211,100
Zweig-DiMenna Partners, L.P. - 99,600
ZDIM Account - 47,800
Gotham Account - 25,200
Number of shares as to which there is shared power to vote or to
direct the vote:
Zweig-DiMenna International Limited - 0
Zweig-DiMenna Partners, L.P. - 0
ZDIM Account - 0
Gotham Account - 0
Number of shares as to which there is sole power to dispose or to
direct the disposition:
Zweig-DiMenna International Limited - 211,100
Zweig-DiMenna Partners, L.P. - 99,600
ZDIM Account - 47,800
Gotham Account - 25,200
Number of shares as to which there is shared power to dispose or to
direct the disposition:
Zweig-DiMenna International Limited - 0
Zweig-DiMenna Partners, L.P. - 0
ZDIM Account - 0
Gotham Account - 0
c. Since May 22, 1997, Zweig-DiMenna International Limited, Zweig-
DiMenna Partners, L.P., the ZDIM Account, and the Gotham Account
purchased or sold, as indicated, the Shares on the open market on
the following dates and at the following prices and in the following
amounts:
ZWEIG - DIMENNA INTERNATIONAL LIMITED
DATE DESCRIPTION OF TRANSACTION
6/4/97 Sold 10,900 shares at $32.00 a share
6/17/97 Purchased 13,700 shares at $30.2860 a share
6/24/97 Purchased 8,300 shares at $27.5750 a share
7/8/97 Purchased 13,800 shares at $25.5563 a share
7/22/97 Purchased 21,700 shares at $23.00 a share
7/23/97 Purchased 800 shares at $23.50 a share
<PAGE>
ZWEIG-DIMENNA PARTNERS, L.P.
DATE DESCRIPTION OF TRANSACTION
6/4/97 Sold 5,300 shares at $32.00 a share
6/17/97 Purchased 6,300 shares at $30.2860 a share
6/24/97 Purchased 3,700 shares at $27.5750 a share
7/8/97 Purchased 6,200 shares at $25.5563 a share
7/22/97 Purchased 9,800 shares at $23.00 a share
7/23/97 Purchased 400 shares at $23.50 a share
ZDIM ACCOUNT
DATE DESCRIPTION OF TRANSACTION
6/4/97 Sold 2,500 shares at $32.00 a share
6/17/97 Purchased 3,200 shares at $30.2860 a share
6/24/97 Purchased 1,900 shares at $27.5750 a share
7/8/97 Purchased 3,200 shares at $25.5563 a share
7/22/97 Purchased 5,000 shares at $23.00 a share
7/23/97 Purchased 200 shares at $23.50 a share
GOTHAM ACCOUNT
DATE DESCRIPTION OF TRANSACTION
6/4/97 Sold 1,300 shares at $32.00 a share
6/17/97 Purchased 1,800 shares at $30.2860 a share
6/24/97 Purchased 1,100 shares at $27.5750 a share
7/8/97 Purchased 1,800 shares at $25.5563 a share
<PAGE>
7/22/97 Purchased 2,800 shares at $23.00 a share
7/23/97 Purchased 100 shares at $23.50 a share
d. Not applicable.
e. Not applicable.
ITEM 6 CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
None.
ITEM 7 MATERIAL TO BE FILED AS EXHIBITS
Exhibit A - Joint Filing Agreement among Zweig-DiMenna International
Limited, Zweig-DiMenna Partners, L.P., Zweig-DiMenna International
Managers, Inc., and Gotham Advisors, Inc.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: July 29, 1997
ZWEIG-DiMENNA INTERNATIONAL LIMITED
By: Zweig-DiMenna International Managers, Inc.,
Investment Manager
By:/s/ Joseph A. DiMenna
--- -----------------
Name: Joseph A. DiMenna
Title: Executive Vice President
ZWEIG-DiMENNA PARTNERS, L.P.
By: Zweig-DiMenna Associates LLC,
Managing General Partner
By:/s/ Joseph A. DiMenna
--- -----------------
Name: Joseph A. DiMenna
Title: Managing Director of Managing General Partner
ZWEIG-DiMENNA INTERNATIONAL MANAGERS, INC.
By:/s/ Joseph A. DiMenna
--- -----------------
Name: Joseph A. DiMenna
Title: Executive Vice President
GOTHAM ADVISORS, INC.
By:/s/ Joseph A. DiMenna
--- -----------------
Name: Joseph A. DiMenna
Title: Vice President
<PAGE>
EXHIBIT A
JOINT FILING AGREEMENT AMONG INVESTORS
This Joint Filing Agreement is entered into this 29th day of July, 1997 by
Zweig-DiMenna International Limited, a British Virgin Islands corporation,
Zweig-DiMenna Partners, L.P., a New York limited partnership, Zweig-DiMenna
International Managers, Inc., a Delaware corporation, and Gotham Advisors, Inc.,
a Delaware corporation, collectively the "Investors". In lieu of filing
separate statements on Schedule 13D, the Investors hereby agree to file a joint
statement on Schedule 13D pursuant to Rule 13d-1(f)(1) under the Exchange Act of
1934 with respect to the Class A Common Stock of General Cigar Holdings, Inc.
This Agreement shall be filed as an exhibit to the statement on Schedule
13D filed on behalf of the Investors and constitutes the Investors' consent to
file a joint Schedule 13D.
ZWEIG-DiMENNA INTERNATIONAL LIMITED
By: Zweig-DiMenna International Managers, Inc.,
Investment Manager
By:/s/ Joseph A. DiMenna
--- -----------------
Name: Joseph A. DiMenna
Title: Executive Vice President
ZWEIG-DiMENNA PARTNERS, L.P.
By: Zweig-DiMenna Associates LLC,
Managing General Partner
By:/s/ Joseph A. DiMenna
--- -----------------
Name: Joseph A. DiMenna
Title: Managing Director of Managing General Partner
ZWEIG-DiMENNA INTERNATIONAL MANAGERS, INC.
By:/s/ Joseph A. DiMenna
--- -----------------
Name: Joseph A. DiMenna
Title: Executive Vice President
GOTHAM ADVISORS, INC.
By:/s/ Joseph A. DiMenna
--- -----------------
Name: Joseph A. DiMenna
Title: Vice President
