| Fri 2 Dec 2011, 9:01 | | SAB - SABMiller plc - Approval of Scheme of Arrangement for Acquisition of |
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SAB
SOSAB
SAB - SABMiller plc - Approval of Scheme of Arrangement for Acquisition of
Foster`s Group Limited
JSE ALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
Approval of Scheme of Arrangement for Acquisition of Foster`s Group Limited
SABMiller plc ("SABMiller") is pleased to announce that, following the
approval by Foster`s Group Limited ("Foster`s") shareholders yesterday, the
Supreme Court of Victoria has today approved the Scheme of Arrangement
pursuant to which SABMiller will acquire all of the shares in Foster`s.
The Scheme will be implemented on 16 December 2011.
-ends-
Enquiries
SABMiller plc
t: +44 20 7659 0100
Sue Clark
Director Corporate Affairs
t: +44 20 7659 0184
Gary Leibowitz
Senior VP, Investor Relations
t: +44 20 7659 0174
Nigel Fairbrass
Head of Media Relations
t: +44 7799 894265
Notes to editors
SABMiller plc is one of the world`s largest brewers with brewing interests
and distribution agreements across six continents. The group`s wide portfolio
includes global brands such as Pilsner Urquell, Peroni Nastro Azzurro, Miller
Genuine Draft and Grolsch, as well as leading local brands such as Aguila,
Castle, Miller Lite, Snow and Tyskie. SABMiller is also one of the world`s
largest bottlers of Coca-Cola products.
In the year ended 31 March 2011, the group reported US$4,491 million adjusted
pre-tax profit and group revenue of US$28,311 million. SABMiller plc is
listed on the London and Johannesburg stock exchanges.
High resolution images and broadcast footage are available for the media to
view and download free of charge from the News and media centre on
www.sabmiller.com
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 announcement 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: 02/12/2011 09:01:40 Produced by the JSE SENS Department.
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