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SABMiller PLC - Trading Statement

RNS Number:0784X
SABMiller PLC
18 January 2006

Ref: 02/2006


                    SABMiller plc Trading Update

London and Johannesburg, 18 January 2006.  Following the summer peak season in
South Africa, SABMiller plc today issued its trading update for the group's
third quarter and for the nine months ended 31 December 2005.  The calculation
of the organic growth rates included below excludes volumes for Bavaria SA which
became part of the group in October 2005.

The group's organic lager volume growth for the third quarter was 1.8%, and 4.5%
for the year to date. Volumes were impacted by cool and wet weather during
December in South Africa, and South Africa Beverages achieved a marginal
increase in beer volumes during the quarter, cycling the 4% growth reported in
the prior year's third quarter. Underlying economic performance and consumer
confidence in South Africa remain positive, contributing to further mix
improvements. In South Africa, year to date beer volumes are up 1.8% on a
comparable basis. Soft drink volumes were also impacted by the December weather,
and a 4% increase was recorded in the quarter, with year to date growth of 7%.

Miller's third quarter domestic sales to retailers (STRs) were 1.0% below prior
year when adjusted for the reduced number of trading days in the quarter (down
2.5% unadjusted) in a market that was characterized by intense competitive
pricing pressure.  For the year to date, Miller's domestic STRs declined 0.4%
(0.9% unadjusted). Despite strong prior year comparables, retail sales of
flagship brand Miller Lite have continued to grow.

The transaction with Bavaria SA closed on 12 October 2005. On a pro forma basis,
South America lager volumes for the three months to 31 December 2005 were some
7% above the prior year, in line with our expectations at the time of the
transaction. This performance reflects continuing growth in Colombia and robust
growth in Peru, despite including two fewer public holidays over the Christmas
period in the current year.

In Central America, carbonated soft drink volumes were up 6%, and 4% year to
date, with growth being achieved in both countries.  Beer volumes were 7% lower
in the quarter, consistent with year to date trading, principally as a result of
the excise increase in El Salvador.

In Europe, organic lager volume growth for the third quarter was 4%, in line
with the year to date, influenced by continuing good performances from Poland,
Russia and Romania.

Lager volume growth was recorded in both Africa and Asia, and overall a 12%
organic increase on a comparable basis was delivered, in line with year to date,
following strong growth in China.

The group's financial performance has been in line with our expectations as
outlined at the time of our interim results announcement.

Ends

Notes to editors:

SABMiller plc is one of the world's largest brewers with brewing interests or
distribution agreements in over 60 countries across five continents. The group's
brands include premium international beers such as Miller Genuine Draft, Peroni
Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market
leading local brands.  Outside the USA, SABMiller plc is also one of the largest
bottlers of Coca-Cola products in the world.

In the year ended 31 March 2005, the group reported US$2,194 million pre-tax
profit and a turnover of US$14,543 million.  SABMiller plc 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: www.vismedia.co.uk

Enquiries:
                    SABMiller plc                          Tel: +44 20 7659 0100

Sue Clark           Director of Corporate Affairs          Tel: +44 20 7659 0184

Gary Leibowitz      Vice President, Investor Relations     Tel: +44 20 7659 0174

Nigel Fairbrass     Head of Media Relations                Tel: +44 7799 894265

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 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.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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