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Chilina Bridge: Joining for Development (Translation)

27 October 2011

Arequipa, October 19 2011 - Cooperation between private companies and the regional government of Arequipa will help build the long-awaited 512-metre-long Chilina Bridge that will join the districts of Cayma and Miraflores. The mega project will require approximately S/. 110 billion, which will be contributed by the consortium formed by Banco Internacional del Perú (Interbank), the mining company Southern Peru Copper Corporation, and Unión de Cervecerías Peruanas Backus & Johnston, under the Works for Taxes plan (Law No. 29230). This consortium received advisory services from Urbi Propiedades S.A., Carlos Talledo Consultores S.A., and Estudio Echecopar. The project, assigned code number V-49, forms part of the current Director Plan of the city of Arequipa. It has been designed and assessed and will be executed and financed by the regional government of Arequipa in the framework of  power-granting agreements with the provincial municipality of Arequipa.
 
The project will be executed by the construction consortium made up of the Peruvian company INCOT General Contractors, Metric Engineering Group of Peru, and Corsán-Corviam of Spain, all of them having wide experience in similar works. The progressive cantilever construction method has never been used before in our country and will help relieve traffic and preserve the historical downtown area of the city. This area is registered on the Cultural Heritage of Humanity list, and the works to be carried out will not generate greater impact on the archaeological heritage and landscape of the Arequipa countryside. Quite the contrary, it will have a favourable impact on protecting the health of the Arequipa population due to the traffic relief such work will provide. The original project underwent a series of modifications before being tendered and included recommendations and suggestions made by professional associations of engineers and architects in the Arequipa region and by UNESCO's ICOMOS technical committee and monitoring mission.

Juan Manuel Guillén Benavides, regional president of Arequipa, stated that the bridge is the first large work to be executed through the Works for Taxes system and highlighted the government's interest in including the private sector as a promoting agent of regional development. Likewise, he stressed his intention of turning the Arequipa region into a national productive alliance leader between the public sector and the private sector. Therefore, the private sector can contribute its experience and ratify its trust in favour of the development of all Arequipa inhabitants, and, in turn, the public sector can adequately and timely use its economic resources.

Mr. Carlos Casabonne, manager of the investment consortium, highlighted the importance of this work because it is the first in which the effective cooperation of the public and private sector has achieved the development of projects of such size. Likewise, he stated that this work will relieve the environmental pollution problem in downtown Arequipa.

The Chilina Bridge is the first work of its kind to establish a new stage in the life of our country. The private and public sectors have joined their strengths and resources to contribute to growth and to generate sustainable development for the population. In particular, this will help improve conditions of well-being and provide modern, world-class infrastructure to upgrade the mass transportation conditions that the Arequipa population has wanted for so long.

About Backus:

Unión de Cervecerías Peruanas Backus y Johnston S.A.A., is the leading beer industry company in Peru, with five decentralised production plants located in Lima, Arequipa, Cuzco, Motupe and Pucallpa. It has a portfolio of well-segmented domestic and international brands to please consumers at 142,000 sales points throughout the country. In 2010, Backus registered net sales of S/. 2676.7 million, paid S/. 2124 million in taxes, and provided jobs directly to more than 7000 persons and indirectly to more than 220,000 persons.

Backus' works are focused on sustainable development, with the purpose of generating shared value for those that form part of its productive chain and for the communities where it operates. Thus, all its initiatives and projects seek social inclusion and strategic alliances to leverage efforts and to achieve a positive impact on economic, social and environmental terms for society as a whole.

This SABMiller subsidiary news release has been translated from its local market language to English language for publication on www.sabmiller.com. We have attempted to provide an accurate translation of the original material but due to the difficulties of translation slight differences may exist.

Note, the news release was first published in its local market on [19/10/2011].

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