Belgium & Russia: InBev has extended its offers to acquire remaining minority interests in SUN Interbrew

InBev S.A. announced on May 13 that it has extended the deadline for the receipt of acceptances for the recommended offers of USD33.41 in cash for the remaining Class A (non-voting) shares and GDRs ("Class A Securities") and Class B (voting) shares and GDRs ("Class B Securities" and, together with the Class A Securities, "SIL Securities") that InBev does not already own in SUN Interbrew Ltd ("SIL") to May 26th 2005.

InBev said that the Offers are not being made and will not be made, directly or indirectly, in or into the United States. No SIL Securities are being solicited from a resident of the United States and, if sent in response by a resident of the United States, will not be accepted.

In accordance with the terms of the offer document published on 12 April 2005 (the "Offer Document") InBev has extended the offer period for the offers described in the Offer Document (the "Offers"). The Offers will now close at 3.00 p.m (Luxembourg time) on May 26th 2005. The terms and conditions of the Offers as set forth in the Offer Document otherwise remain unchanged.

As at May 12th 2005, acceptances of the Offers and market purchases of SIL Securities by InBev during the offer period total 835,428 Class A Securities and 609,624 Class B Securities. Upon settlement, this will bring InBev’s total holding to 99.7% of the Class A Securities and 99.5% of the Class B Securities, which in total gives it a 99.7% economic interest in SUN Interbrew.

Holders of SIL securities are reminded that after the Offers close InBev intends to change the domicile of SIL from Jersey to another jurisdiction and to de-list the SIL Securities from the Luxembourg Stock Exchange. InBev currently expects that the application for such de-listing and cancellation will be made by the end of Q2 2006.

InBev also announces it will continue to purchase SIL Securities in the market at up to the Offer Price. The purchases will be conducted on behalf of InBev by Renaissance Capital.

InBev is a publicly traded company (Euronext: INB) based in Leuven, Belgium. The company's origins date back to 1366, and today it is the leading global brewer by volume. InBev’s strategy is to strengthen its local platforms by building significant positions in the world's major beer markets through organic growth, world-class efficiency, targeted acquisitions, and by putting consumers first. InBev has a portfolio of more than 200 brands, including Stella Artois®, BRAHMA®, Beck’s®, Skol®—the third-largest selling beer brand in the world—Leffe®, Hoegaarden®, Staropramen® and Bass®. InBev employs some 77,000 people, running operations in over 30 countries across the Americas, Europe and Asia Pacific. In 2004, InBev realized a net turnover of 8.57 billion euro (including four months of AmBev). For further information visit www.inbev.com.

E-malt.com, la fuente de información global para los profesionales de la industria cervecera y de malteado. Los boletines quincenales de E-malt.com incluyen las últimas noticias de la industria, estadísticas en gráficos y tablas, precios mundiales de cebada y malta, y otra información relevante. Haga clic aquí para obtener acceso completo a E-malt.com. Si usted es un cliente de Castle Malting, puede obtener acceso gratuito al sitio web y publicaciones de E-malt.com. Contáctenos para obtener más información en marketing@castlemalting.com.