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SABMiller plc Annual Report 2007

Cautionary Statement

This document does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire ordinary shares in the capital of SABMiller plc (the “Company”) or any other securities of the Company in any jurisdiction or an inducement to enter into investment activity.

This document includes ‘forward-looking statements’ with respect to certain of SABMiller plc’s plans and its current goals and expectations relating to its future financial condition, performance and results. Although SABMiller plc believes that the expectations reflected in the forward-looking statements are reasonable, SABMiller plc’s actual future financial condition, performance and results may differ materially from the plans, goals and expectations set forth in SABMiller plc’s forward-looking statements. These statements contain the words “anticipate”, “believe”, “intend”, “estimate”, “expect” and words of similar meaning. All statements other than statements of historical facts included in this document, 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. Such 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. Such 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 document. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein 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. The past business and financial performance of SABMiller plc is not to be relied on as an indication of its future performance.

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