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SABMiller China joint venture announces appointment of new Chairman

7 August 2009

China Resources Snow Breweries Limited (‘CR Snow'), SABMiller's joint venture in China with China Resources Enterprise Limited (‘CRE'), is pleased to announce the appointment of Ari Mervis as Chairman.  Ari Mervis, currently managing director of SABMiller Asia, replaces Gert Goedhals with immediate effect.

Gert Goedhals was appointed chairman of CR Snow in 2004.

CR Snow was established in 1993 and entered into a joint venture with SABMiller plc in 1994. It operates more than 60 breweries on the Chinese Mainland and its flagship brand ‘Snow' is now one of the world's biggest selling beers.

In the year ended March 2009, CR Snow increased sales volumes by 7%, cementing its position as the largest brewer in China with sales of ‘Snow' up 19% to more than 60 million hectolitres.

Ends


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

In the year ended 31 March 2009, the group reported US$3,405 million in adjusted pre-tax profit and group revenue of US$25,302 million. SABMiller is listed 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 of charge from the News and media section of www.sabmiller.com


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Jonathan Oates 
Business Media Relations Manager 
Tel: +44 20 7659 0144

  
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This document 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.


 

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