| Fri 13 Mar 2009, 13:30 | | SAB - SABMiller - SABMiller announces South African political donations |
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SAB
SOSAB
SAB - SABMiller - SABMiller announces South African political donations
SABMiller Plc
JSEALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
13 March 2009
SABMiller announces South African political donations
SABMiller plc announced today that, following due consideration, the SABMiller
Board has decided that the group should provide funding to political parties in
the forthcoming South African elections as part of the group`s continuing
commitment to encourage the development of a multi-party democracy in South
Africa.
The Board has asked its South African subsidiary, SAB Ltd, to make a donation of
R5 million, which will be distributed across the following six parties; the
African National Congress party (ANC); the Democratic Alliance (DA); the Inkatha
Freedom Party; the United Democratic Movement; the Independent Democrats; and
the Congress of the People party (COPE).
Meyer Kahn, Chairman of SABMiller plc, commented:
"Great strides have been made in recent years to foster a vibrant, multi-party
democracy in South Africa and SABMiller is proud to have made a contribution to
that achievement. Political progress will remain vital to the country`s
continued stability and growth, and for that reason we believe it continues to
deserve our support."
SABMiller made contributions at the same level in the run up to the 1999 and
2004 elections and has not made any other political donations in South Africa
outside of the national election cycle.
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:
Tel: +44 20 7659 0100
SABMiller plc
Sue Clark Director of Corporate Tel: +44 20 7659 0184
Affairs
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: 13/03/2009 13:30:01 Produced by the JSE SENS Department.
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