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Thu 5 Jun 2003, 15:20 Sabmiller Announces Closing Of Transaction With Bi
SABMiller Announces Closing Of Transaction With Birra Peroni                    
SABMiller plc                                                                   
JSE ALPHA CODE : SAB                                                            
ISSUER CODE:     SOSAB                                                          
ISIN CODE:       GB0004835483                                                   
SABMILLER ANNOUNCES CLOSING OF TRANSACTION WITH BIRRA PERONI                    
London, Johannesburg and Rome, 4 June 2003.  SABMiller Plc ("SABMiller")        
announces the closing of its transaction with Birra Peroni SpA ("Birra Peroni").
SABMiller has acquired a 60% stake in Birra Peroni for Euro246 million and has  
entered into put and call arrangements with shareholders who have not sold their
stake initially which, when fully exercised, will result in SABMiller increasing
its shareholding in Birra Peroni to 97.8%.                                      
ENDS                                                                            
For further information:                                                        
Sue Clark                                                                       
Director of Corporate Affairs,                                                  
+44 (0) 20 7659 0191                                                            
SABMiller plc                                                                   
Mobile: +44 (0) 7850 285 471                                                    
Nick Chaloner                                                                   
Communications Director,           +44 (0) 20 7659 0119                         
SABMiller plc  Mobile:             +44 (0) 7880 502 755                         
Anna Miller Salzman                                                             
Head of Investor Relations,        +44 (0) 20 7659 0106                         
SABMiller plc                      Mobile: +44 (0) 7973 837 070
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