SABMiller announces that it proposes to enter into a broad-based black economic empowerment transaction in South Africa, which will involve an equity issue of approximately 10% of its South African subsidiary, The South African Breweries Limited (”SAB”), to a broad base of black participants (the “Transaction”), reflecting the group’s long-standing commitment to socio-economic progress in South African society.

SABMiller believes that broad-based black economic empowerment is a key requirement for the promotion of sustainable economic growth and social development in South Africa. Further, the South African government has promulgated the country’s Codes of Good Practice on Black Economic Empowerment (the “Codes”) as a means of reducing the effects of entrenched inequalities and improving the participation of previously disadvantaged people in effective economic activity.

About The South African Breweries Limited (”SAB”)
SAB was established in 1895 and has in the region of 9,000 permanent employees, including its soft drinks division, ABI. It owns seven breweries with a brewing capacity of some 31 million hectolitres. Total beer volumes during the financial year ended 31 March 2009 reached 25.9 million hectolitres. ABI is the largest producer and distributor of Coca-Cola brands in southern Africa. With five manufacturing plants in South Africa, ABI accounts for approximately 60% of Coca-Cola’s sales in South Africa, and total sales volumes of soft drinks in the year ended 31 March 2009 (including sparkling soft drinks, fruit juices and water) were 17.3 million hectolitres. SAB is the South African subsidiary of SABMiller plc. For more information, visit the company’s website: www.sablimited.co.za

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