| Thu 2 Sep 2004, 17:50 | | Further Cautionary Announcement |
|
SABMiller plc / ABI - Further Cautionary Announcement
SABMiller plc
Incorporated in England & Wales
Registration number 3528416
Share code SAB
ISIN Number GB0004835483
(`SABMiller`)
Amalgamated Beverage Industries Limited
Incorporated in the Republic of South Africa
Registration number 1970/006820/06
Share code ABI
ISIN Number ZAE000000048
(`ABI`)
FURTHER CAUTIONARY ANNOUNCEMENT
Not for release, publication or distribution, in whole or in part, in, into or
from the United States, Canada, Australia or Japan
In a cautionary announcement dated 21 July 2004, shareholders of ABI were
advised that SABMiller was investigating proposals which may lead to it making
an offer to acquire all of the ABI shares that it does not already own for a
cash consideration of approximately R 78.00 per ABI share.
SABMiller continues to investigate these proposals, and therefore shareholders
of ABI are advised to continue to exercise caution when dealing in their shares
until a further announcement is made.
Johannesburg
2 September 2004
Investment bank to SABMiller Sponsor to SABMiller and ABI
Nedbank Capital Cazenove
Attorneys to SABMiller
Werksmans Inc
Barkers Attorneys
This announcement does not constitute an offer to sell or the solicitation of an
offer to purchase or subscribe for any securities in any jurisdiction.
The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law and therefore persons in any such
jurisdictions into which this announcement is released, published or distributed
should inform themselves about, and observe, such restrictions.
This announcement contains statements about Amalgamated Beverages Industries
Limited (`ABI`), SABMiller plc (`SABMiller`) and members of the SABMiller group
(together with SABMiller, the `SABMiller Group`) that are or may be forward
looking statements. All statements other than statements of historical facts
included in this announcement may be forward looking statements. Any statements
preceded or followed by or that include the words `targets`, `plans`,
`believes`, `expects`, `aims`, `intends`, `will`, `may`, `anticipates` or
similar expressions or the negative thereof are forward looking statements.
Forward looking statements include statements relating to the following: (i)
future capital expenditures, expenses, revenues, economic performance, financial
condition, dividend policy, losses and future prospects; (ii) business and
management strategies and the expansion and growth of ABI`s or the SABMiller
Group`s operations; and (iii) the effects of government regulation on ABI`s or
the SABMiller Group`s business.
These forward looking statements involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of any such person, or industry results, to be materially different
from any results, performance or achievements expressed or implied by such
forward looking statements. These forward looking statements are based on
numerous assumptions regarding the present and future business strategies of
such persons and the environment in which each will operate in the future. All
subsequent oral or written forward looking statements attributable to ABI or any
member of the SABMiller Group or any persons acting on their behalf are
expressly qualified in their entirety by the cautionary statement above. ABI
and the SABMiller Group expressly disclaim any obligation or undertaking to
disseminate any updates or revisions to any forward-looking statements contained
herein to reflect any change in their expectations with regard thereto or any
change in events, conditions or circumstances on which any such statement is
based.
