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South African Breweries plc trading update for the period ended 31 December 2001

15 January 2002

South African Breweries plc, the leading brewer in developing markets, today issued the following trading update.

The company wishes to update the market on South African trading conditions following the peak December trading period. Beer South Africa's volumes remain slightly ahead of last year's on a year to date basis, and we believe that ABI's volume growth for the full year will be similar to that achieved at the half.

At the time of the Interim Announcement in November 2001, segmental information for the SABI Europe and Africa & Asia operations was provided. For completeness the following segmental sales volume figures are now given for the preceding year:

  1st H 2001*  2nd H 2001*  1st H 2002 
  (hl 000's) (hl 000's) (hl 000's)
SABI Europe      
    Lager 12 038  9 082  12 847 
    Other beverages 75  71  94 
       
SABI Africa & Asia       
    Lager 9 423  7 693  12 347 
    Other beverages 6 202  6 044  6 611 
       
*Financial year ended 31st March 2001  

Notes to editors:

South African Breweries is the world's leading brewer in developing markets, with major brewing and distribution operations in Central and Eastern Europe, Africa, Asia and Central America. It is the world's fifth largest brewer by overall volume with 108 breweries in 24 countries and over 31,000 employees. In the year to 31st March 2001, SAB generated US$646 million pre-tax profit from turnover of US$4.184 billion. The company is listed on both the London and the Johannesburg stock exchanges.

For further information:

Nick Chaloner
Director of Communications,
SAB plc +44 (0) 20 7659 0119
Mob: +44 (0) 7880 502 755

Anna Miller Salzman
Head of Investor Relations,
SAB plc +44 (0) 20 7659 0106
Mob: +44 (0) 7973 837 070

Ciaran Baker
Head of Corporate Communications,
SAB plc +44 (0) 20 7659 0120
Mob: +44 (0) 7979 954 493

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