Update on SABMiller and Anadolu Efes Alliance

24 January 2012

SABMILLER AND ANADOLU EFES SIGN DEFINITIVE AGREEMENT TO FORM STRATEGIC ALLIANCE

SABMiller plc., Anadolu Group (Anadolu Endüstri Holding A.Ş., Yazıcılar Holding A.Ş. and Özilhan Sınai Yatırım A.Ş.), and Anadolu Efes (Anadolu Efes Biracılık ve Malt Sanayii A.Ş.) today announce that they have signed the definitive transaction agreement for the formation of their strategic alliance for Turkey, Russia, the CIS, Central Asia and the Middle East, which was originally announced on 19 October 2011. Completion of the transaction is subject to receipt of the necessary regulatory approvals.

Enquiries 

SABMiller Media Relations

Nigel Fairbrass

Tel: +44 20 7659 0105

SABMiller Investor Relations

Gary Leibowitz / Richard Mather

Tel: +44 20 7659 0119 / Tel: +44 20 7659 0157

www.sabmiller.com

Overview of SABMiller

SABMiller is one of the world's largest brewers with brewing interests and distribution agreements across six continents. The group's wide portfolio includes global brands such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch, as well as leading local brands such as Aguila, Castle, Miller Lite, Snow and Tyskie. SABMiller is also one of the world's largest bottlers of Coca-Cola products.

In the year ended 31 March 2011, the group reported US$5,617 million adjusted EBITDA and group revenue of US$28,311 million. SABMiller is listed on the London and Johannesburg Stock Exchanges.

Disclaimer

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 announcement 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.