6th Apr 2006 15:00
SABMiller PLC06 April 2006 Ref 14/2006 SABMiller plc Closing of offer in Peru London and Johannesburg, April 6, 2006. SABMiller plc ("SABMiller") announcesthat the offer for the investment shares (class I non-voting stock) of Union deCervecerias Peruanas Backus & Johnston S.A.A. ("Backus") closed on April 5,2006. SABMiller acquired 493m investment shares during the offer at a cost ofapproximately US$364 million at current exchange rates. As a result, SABMillerowns 91% of the investment shares and its effective economic interest in Backushas increased to approximately 94%. Backus is Peru's largest brewer and is listed on the Lima Stock Exchange. Ends Notes to editors SABMiller SABMiller plc is one of the world's largest brewers with brewing interests ordistribution agreements in over 60 countries across five continents. The group'sbrands include premium international beers such as Miller Genuine Draft, PeroniNastro Azzurro and Pilsner Urquell, as well as an exceptional range of marketleading local brands. Outside the USA, SABMiller plc is also one of the largestbottlers of Coca-Cola products in the world. In the year ended 31 March 2005, the group reported US$2,194 million pre-taxprofit and a turnover of US$14,543 million on a UK GAAP basis. SABMiller plc islisted 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 ofcharge from: www.vismedia.co.uk Enquiries: SABMiller plc Tel: +44 20 7659 0100Sue Clark Director of Corporate Affairs Tel: +44 20 7659 0184Gary Leibowitz Vice President, Investor Relations Tel: +44 20 7659 0174Nigel Fairbrass Head of Media Relations Tel: +44 20 7659 0105 This announcement does not constitute an offer to sell or issue or thesolicitation of an offer to buy or acquire securities of SABMiller plc (the"Company") or any of its affiliates in any jurisdiction or an inducement toenter into investment activity. This document includes "forward-looking statements". These statements maycontain the words "anticipate", "believe", "intend", "estimate", "expect" andwords of similar meaning. All statements other than statements of historicalfacts included in this announcement, including, without limitation, thoseregarding the Company's financial position, business strategy, plans andobjectives of management for future operations (including development plans andobjectives relating to the Company's products and services) are forward-lookingstatements. 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 fromfuture results, performance or achievements expressed or implied by suchforward-looking statements. These forward-looking statements are based onnumerous assumptions regarding the Company's present and future businessstrategies 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 disseminateany updates or revisions to any forward-looking statements contained in thisannouncement to reflect any change in the Company's expectations with regardthereto or any change in events, conditions or circumstances on which any suchstatement is based. Any information contained in this announcement on the price at which theCompany's securities have been bought or sold in the past, or on the yield onsuch securities, should not be relied upon as a guide to future performance. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SAB.L