| Wed 20 May 2009, 15:00 | | SAB - SABMiller Plc - Announces appointment of new non-executive director |
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SAB - SABMiller Plc - Announces appointment of new non-executive director
SABMiller Plc
JSEALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
20 May 2009
SABMiller plc announces appointment of new non-executive director
SABMiller plc is pleased to announce that Dr Dambisa Moyo has agreed to join
the SABMiller board as an independent non-executive director.
Dambisa Moyo, age 40, was born and raised in Zambia, Southern Africa. She
completed a Doctorate in Economics at Oxford University and holds a Masters
from Harvard University. She has a Bachelors degree in Chemistry and an MBA in
Finance at the American University in Washington D.C.
She worked at Goldman Sachs for 8 years in the debt capital markets, hedge
fund coverage and global macro-economics teams. Previously she worked at the
World Bank in Washington D.C. Dambisa is a writer and commentator on
international aid strategies and economics.
She is a Patron for Absolute Return for Kids (ARK), a hedge fund supported
children`s charity, and serves on the Board of the Lundin for Africa
Foundation and on the Board of Room to Read, an education charity. Dambisa
was honoured as a World Economic Forum Young Leader in 2009.
Mr Meyer Kahn, Chairman of SABMiller plc, commented:
"I am delighted that Dambisa Moyo has agreed to join our board. Her rare
combination of academic experience and real world expertise, combined with a
deep knowledge of global economic trends and a real concern for Africa, a
continent to which we as a group are hugely committed, will bring a new
perspective to our deliberations and will be of great value to SABMiller. Her
appointment also enhances the independence and balance of the board whilst
continuing the process of progressive renewal."
Dr Moyo will join the board of SABMiller plc on 1 June 2009.
Ends
Notes to editors:
SABMiller 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 2009, the group reported US$3,405 million in
adjusted pre-tax profit and group revenue of US$25,302 million. SABMiller 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
Enquiries:
SABMiller plc Tel:+44 20 7659 0100
Sue Clark Director of Corporate Tel:+44 20 7659 0184
Affairs
Gary Leibovitz Senior Vice-President, Tel:+44 207 659 0194
Investor Relations
Jonathan Oates Business Media Relations Tel:+44 207 659 0144
Manager
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: 20/05/2009 15:00:03 Produced by the JSE SENS Department.
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