| Fri 27 Feb 2009, 9:30 | | SAB - SABMiller completes sale of Colombian water business |
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SAB
SOSAB
SAB - SABMiller completes sale of Colombian water business
JSEALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
SABMiller Plc
27 February 2009
SABMiller completes sale of Colombian water business
SABMiller plc announces that on 26 February 2009, its Colombian subsidiary
Bavaria S.A. ("Bavaria") completed the sale of its Agua Brisa bottled water
business and assets, which were acquired jointly by Coca-Cola FEMSA and the
Coca-Cola Company for a consideration of US$92 million. The transfer of
assets and the commercial operation will be subject to a transition
arrangement of several months, during which Bavaria will still be producing,
selling and distributing Brisa.
Ends
Notes to editors:
About SABMiller plc
SABMiller plc is one of the world`s largest brewers with brewing interests
and distribution agreements across six continents. The group`s wide portfolio
of brands includes premium international beers such as Grolsch, Miller
Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as market-
leading local brands such as Aguila, Castle, Miller Lite, Snow and Tyskie.
SABMiller is also one of the largest bottlers of Coca-Cola products in the
world.
In the year ended 31 March 2008, the group reported US$3,639 million in
adjusted pre-tax profit and revenue of US$21,410 million. SABMiller plc is
listed on the London and Johannesburg stock exchanges.
This announcement is available on the company website: www.sabmiller.com
High resolution images are available for the media to view and download free
of charge from www.sabmiller.com or www.newscast.co.uk
Enquiries:
SABMiller plc Tel: +44 20 7659
0100
Sue Clark Director of Corporate Tel: +44 20 7659
Affairs 0184
Gary Leibowitz Senior Vice President, Tel: +44 20 7659
Investor Relations 0174
Nigel Fairbrass Head of Media Relations Tel: +44 7799 894265
This announcement does not constitute an offer to sell or issue or the
solicitation of an offer to buy or acquire securities of SABMiller plc (the
"Company") or any of its affiliates in any jurisdiction or an inducement to
enter into investment activity.
This document includes "forward-looking statements". These statements may
contain the words "anticipate", "believe", "intend", "estimate", "expect" and
words of similar meaning. All statements other than statements of historical
facts included in this announcement, including, without limitation, those
regarding the Company`s financial position, business strategy, plans and
objectives of management for future operations (including development plans
and objectives relating to the Company`s products and services) are forward-
looking statements. These forward-looking statements involve known and
unknown risks, uncertainties and other important factors that could cause the
actual results, performance or achievements of the Company to be materially
different from future results, performance or achievements expressed or
implied by such forward-looking statements. These forward-looking statements
are based on numerous assumptions regarding the Company`s present and future
business strategies and the environment in which the Company will operate in
the future. These forward-looking statements speak only as at the date of
this announcement. The Company expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any forward-looking
statements contained in this announcement to reflect any change in the
Company`s expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is based. Any
information contained in this announcement on the price at which the
Company`s securities have been bought or sold in the past, or on the yield on
such securities, should not be relied upon as a guide to future performance.
Date: 27/02/2009 09:30:01 Produced by the JSE SENS Department.
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