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CASTLE MALTING NEWS in partnership with www.e-malt.com Danish
07 April, 2006



Brewing news Peru: SABMiller is closing the offer for the investment shares of Backus

SABMiller plc ("SABMiller") announced on April 6 that the offer for the investment shares (class I non-voting stock) of Union de Cervecerias Peruanas Backus & Johnston S.A.A. ("Backus") closed on April 5, 2006.

SABMiller acquired 493m investment shares during the offer at a cost of approximately US$364 million at current exchange rates. As a result, SABMiller owns 91% of the investment shares and its effective economic interest in Backus has increased to approximately 94%.

Backus is Peru's largest brewer and is listed on the Lima Stock Exchange.

SABMiller plc is one of the world's largest brewers with brewing interests or distribution agreements in over 60 countries across five continents. The group’s brands include premium international beers such as Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands. Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world.

In the year ended 31 March 2005, the group reported US$2,194 million pre-tax profit and a turnover of US$14,543 million on a UK GAAP basis. SABMiller plc is listed on the London and Johannesburg stock exchanges.





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