South African Breweries plc
London and Johannesburg, 4 April 2002. As part of its strategic
development, South African Breweries plc is in discussions with a number of
third parties regarding the ongoing consolidation of the beer industry. In
response to recent press speculation, South African Breweries plc confirms
that it is in discussions with Philip Morris Companies Inc. regarding a
potential transaction involving Miller Brewing Company. These discussions
are at a preliminary stage and no conclusions have been reached.
There is no certainty that these discussions will lead to any agreement and
a further announcement will be made only if they do so.
For further enquiries:
Nick Chaloner,
Director of Communications
South African Breweries plc
+44 207 659 0100
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