| Wed 22 Mar 2006, 11:00 | | SABMiller Plc - SABMiller Completes Acquisition Of |
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SAB
SOSAB
SABMiller Plc - SABMiller Completes Acquisition Of 48.4% Of Topvar Brewery
In Slovakia
SABMiller Plc
JSEALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
Ref 11/2006
SABMILLER COMPLETES ACQUISITION OF 48.4% OF TOPVAR BREWERY IN SLOVAKIA
London and Johannesburg, 22 March 2006. SABMiller plc announces that,
following receipt of approval from the Slovak Anti-Monopoly Office on
Monday 13th March 2006, it has acquired 48.4% of the Slovakian brewer
Topvar, a.s. ("Topvar" or the "Company").
Under the terms of the agreement, the controlling shareholders will sell
further shares ("the Additional Shares") to enable SABMiller to increase
its interest in Topvar to at least 67% by the end of September 2006. The
remaining shares held by the controlling shareholders are subject to put
and call arrangements exercisable within 18 months of SABMiller acquiring
the Additional Shares.
Ends
Notes to editors
SABMiller
SABMiller plc is one of the world"s largest brewers with brewing interests
or distribution agreements in over 60 countries across five continents. The
group"s brands include premium international beers such as Miller Genuine
Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional
range of market leading local brands. Outside the USA, SABMiller plc is
also one of the largest bottlers of Coca-Cola products in the world.
In the year ended 31 March 2005, the group reported US$2,194 million pre-
tax profit and a turnover of US$14,543 million on a UK GAAP basis.
SABMiller plc 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.vismedia.co.uk
Enquiries:
SABMiller plc Tel: +44 20 7659 0100
Sue Clark Director of Corporate Tel: +44 20 7659 0184
Affairs
Gary Leibowitz Senior Vice President, Tel: +44 20 7659 0174
Investor Relations
James Crampton Media Relations Manager Tel: +44 20 7659 0172
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: 22/03/2006 11:00:03 AM Produced by the JSE SENS Department
