| Mon 30 Mar 2009, 9:00 | | SAB - SABMiller - SABMiller completes sale of its Bolivian Pepsi franchise |
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SAB
SOSAB
SAB - SABMiller - SABMiller completes sale of its Bolivian Pepsi franchise
SABMiller
JSEALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
30 March 2009
SABMiller completes sale of its Bolivian Pepsi franchise
SABMiller plc announces that on 26 March 2009, subsidiaries of its
Colombian subsidiary Bavaria S.A. ("Bavaria"), completed the sale of
Bebidas y Aguas Gaseosa Occidente SRL ("Bebidas"), its Pepsi bottling
operations in Bolivia, to subsidiaries of Quilmes Industrial (Quinsa),
Societe Anonyme ("Quinsa"), for a total consideration of approximately
US$27,000,000. Bebidas was acquired by SABMiller as part of its Latin
America transaction, which completed on 12 October 2005. Quinsa is a
subsidiary of Companhia de Bebidas das Americas - AmBev, one of the leading
Pepsi bottlers in Latin America, and a member of the AB InBev group of
companies.
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
Gary Leibowitz Senior Vice President, Tel: +44 20 7659 0174
Investor Relations
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: 30/03/2009 09:00:01 Produced by the JSE SENS Department.
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