Chile: CCU announced 2004 definitive dividend payment

Compania Cervecerias Unidas (CCU) announced that the Regular Stockholders’ Meeting held on April 21, approved the distribution, with charge to year 2004’s profits, of the definitive dividend N 229, which amounts to Ch$62.80403 per share (Ch$314.02015 per ADR), totaling Ch$20,003 million. The Company’s definitive dividend will be paid on April 29, 2005 and distributed among its 318,502,872 shares
of record as of April 23, 2005.

CCU is a diversified beverage company operating principally in Chile and Argentina. CCU is the largest Chilean brewer, the second-largest Argentine brewer, the thirdlargest Chilean soft drink producer, the second-largest Chilean wine producer, the largest Chilean mineral water producer, the largest pisco producer and participates in the confectionary industry. The Company has licensing and/or joint venture arrangements with Heineken Brouwerijen B.V., Anheuser-Busch Incorporated, PepsiCo Inc., Paulaner Brauerei AG, Schweppes Holdings Limited, Guinness Brewing
Worldwide Limited and Watt’s Alimentos S.A.

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