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SABMiller PLC - SABMiller plc completes Ukrainian acquisition

RNS Number : 3099Y
  SABMiller PLC
  04 July 2008

4 July 2008

SABMiller plc completes Ukrainian acquisition

SABMiller plc announces that, following recent approval from the Ukrainian
competition authorities, it has now completed the acquisition of 99.84% interest
in the Ukrainian brewer CJSC Sarmat ('Sarmat').

Sarmat is one of the largest brewers in the Ukraine and will operate one brewery
in Donetsk in the east of the country with an annual production capacity of 2.9
million hectolitres, producing the Sarmat, Dnipro and Drive Max brands.

Igor Tikhonov will be appointed Managing Director of Sarmat, having previously
been Managing Director CIS at SABMiller RUS. Commenting on the appointment,
James Wilson, Managing Director of SABMiller RUS said, 'I am confident that with
extensive experience and knowledge we will be able to deliver strong results in
the Ukraine and benefit from this fast growing and attractive market.'

SABMiller will initially focus on upgrading Sarmat's facilities in accordance
with its world class global manufacturing standards to increase the operational
efficiency and overall effectiveness of the business. SABMiller will also seek
to immediately
strengthen the existing Sarmat brands and then in the medium term introduce a
selection of its international and regional worthmore brands into the Ukraine.

This acquisition represents SABMiller's entry into one of the fastest growing
beer markets globally with a four year growth rate to 2006 of 14%(1) p.a.


(1) Per Plato Logic

About SABMiller plc
SABMiller plc is one of the world's largest brewers with brewing interests or
distribution agreements in over 60 countries across six continents. The group's
brands include premium international beers such as Grolsch, 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 2008, the group reported US$3,639 million adjusted
pre-tax profit and revenue of US$21,410 million. SABMiller plc is listed on the
London and Johannesburg stock exchanges.

This announcement is available on the company website:

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 SABMiller plc                                           Tel: +44 20 7659 0100

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

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

 Jonathan Oates  Business Media Relations Manager        Tel: +44 7887 924560

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
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
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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