financial performance of KP

KP sales performance between April and September 2010

KP sales performance between April and September and the brands’ market positions

Between early April and September, our sales exceeded 8 million Hl, a drop of approximately 5.8% against the same time last year.

The decrease in sales results from a chain of dramatic events in the country (national mourning, flooding) accompanied by poor weather conditions. The high season was very difficult with the exception of June, July and possibly early August. Therefore, even in the summer not all the months were good for the beer industry.

The pricing policy executed by specific market players was another factor: by dramatically lowering the prices, the brewers attract some groups of consumers for whom the price is the decisive factor in choosing beer brands.

According to data from late August, KP’s market share has shrunk against last year to 41.3% (a drop from 42.6% in 2009). Tyskie brand remains unbeaten as the market leader, followed by Żubr; these two are Poland’s biggest beer brands.

Actions instigated by KP to alleviate the drop in sales

We continue to improve our effectiveness in many business areas. By expanding cooperation with our mother company, we take advantage of the synergy effect like outsourcing or central purchasing. Therefore we strive for satisfactory financial performance despite the shrinking volume by offering our partners and distributors attractive trading terms and joint business.

Forecasts for the end of the year and the following year

The beer industry is likely to end this calendar year with losses compared with 2009, however slight (1-2%). Next year the drop in beer demand will continue while its rate has already slowed down a bit; chances are that in 2011 we will not be able to put a stop to decreasing sales.

The situation against 2010 is not likely to dramatically improve as the higher costs and VAT rate will adversely affect the consumers and will impede a return to dynamic sales growths in the past. The fact that the Minister of Finance is not planning to raise the excise tax in 2011 offers some consolation.

Raise in VAT rate from 22 to 23%

Our calculations suggest that the increase in retail prices attributed to the higher VAT rate (23% instead of 22%) in early 2011 will result in diminishing beer demand. According to our estimates, with the prices remaining unchanged (if the existing VAT rate is maintained), the beer industry should enjoy a slight increase in sales (of approximately 1.2% i.e. almost half a million Hl); on the other hand, the tax rate increase will curb this forecasted growth and possibly result in a drop in beer sales in 2011 by approximately 0.5% against the expected sales levels in 2010.

The growing prices of commodities pose another challenge.

The market prices of barley are approximately 50% higher than lat year. This price increase triggers of higher prices of malt (15-20%). As for hops, the market prices remain unchained against last year.

In the area of packaging, cans are most important from the cost point of view; the market prices of aluminium have remained more or less the same as last year. The same holds true for bottles.

The prices of paper have gone up (20 to 40%) which is bound to translate into the prices of boxes, trays and labels. However, the related prices are of less importance in total costs than the prices of cans and bottles. The prices of polyethylene used for all types of foil wrappings have gone up by about 40% yet plastic packaging is of even less importance to the total cost than trays or labels.

As for the duration of the contracts, the central purchasing department will purchase the majority of the above mentioned commodities, contracting supplies for all European divisions of SABMiller. Each assortment has a dedicated contracting strategy for specific groups but they are of confidential nature.

The higher costs of commodities do not automatically trigger off higher beer prices; these are largely affected by other factors as well as the consumers’ willingness to approve of the new prices. Should the prices of commodities rise dramatically, we will have to reach a compromise and raise the beer prices bearing in mind the greater risk on the part of the consumers. Our survey indicates that further price increases are likely to reduce sales volumes more severely than it was the case in the past.

Annual Results Announcement - F10 fiscal year

KP RESULTS FOR TWELVE MONTHS ENDED 31 MARCH 2010

Strong performance despite difficult fiscal and economic environment

PERFORMANCE HIGHLIGHTS

• REVENUE PLN 4.8 BN, UP 1.6%

• KP DOMESTIC BEER VOLUME OF 14.6 M HL, 2% BELOW F09

• NET PROFIT PLN 642 M, 15.1% BELOW F09

• TYSKIE UNQUESTIONED BRAND LEADER

Sales results
Due to business optimisation efforts and improvements in price mix Kompania Piwowarska achieved 1.6% revenue growth in the financial year ended March 31, 2010 against the previous year. These good results were achieved despite the underlying 2% decline of KP domestic beer volume and significant decline of the entire beer market. The decline in sales reflected the continued weak economic environment, as well as substantial increases in excise tax (by 13.6% in March 2009), both putting significant pressure on consumer disposable income.

KP reacted to the decreasing demand optimising its employment and infrastructure footprint, closing Kielce brewery together with three distribution centres which reduced overcapacity and beer transportation costs yielding synergy savings. Underlying profitability improved, but net profit was reduced because of non recurring charges for restructuring and development projects. It is expected the current investment into development project will result in an increased efficiency and profitability in the future.

Volume and financial data

Market share

Due to confusion caused by a significant beer market volume data correction presented recently by Główny Urząd Statystyczny (Central Statistical Office of Poland; GUS), we refrain from announcing KP market share data. In the previous financial year ended 31 March 2009 KP’s market share was 42.6% and we anticipate that the restated data will show growth in our market share achieved over the recent financial year.

Managing Director comment

Gary Haigh, the Managing Director of Kompania Piwowarska said: “This was one of the most challenging years for the brewing industry in a long time. Despite the challenging market conditions, our medium-term growth prospects remain promising, mainly because our brand portfolio proves to be strong and relevant to consumers. The way we have been coping with headwinds demonstrated we are set out to further improve our performance, especially that the Group offers us benefits of leveraging its global scale.”

Kompania Piwowarska - leader of the Polish beer industry
Kompania Piwowarska is the largest brewer in Poland. Hundreds of years of experience in brewing, state-of-the-art technology and rigorous adherence to the ‘world class manufacturing’ principles guarantee the highest quality beer. The company's brand portfolio includes best selling Polish beers, such as Tyskie, Żubr, Lech, Dębowe Mocne, Redd's as well as international premium brands: Pilsner Urquell, Grolsch and Peroni Nastro Azzurro. Kompania Piwowarska, established in 1999, operates three breweries (in Tychy, Poznań and Białystok) and fourteen depots across the country. Kompania Piwowarska is engaged in a number of social programs, addressing poverty based social exclusion as well as eduactional programs promoting responsibility and moderation in alcohol consumption. In the fiscal year F10, ended on 31 March 2010, KP sales volume amounted to 14.6 mill hectoliters.

SABMiller – one of the largest brewers in the world
Kompania Piwowarska is part of SABMiller plc. SABMiller plc is one of the world's largest brewers with brewing interests or 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 Aquila, Castle, Miller Lite, Snow and Tyskie. SABMiller is also one of the largest Coca Cola bottlers outside the US. In the year ended on 31 March 2010 the group reported US$ 4.3 billion in profit (EBITA) and group revenue of US$ 26.3 billion. SABMiller plc is listed on the London and Johannesburg stock exchanges.

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Annual Results Announcement

Kompania Piwowarska achieved strong growth of market share in a declining market

KP RESULTS FOR TWELVE MONTHS ENDED 31 DECEMBER 2009

Warszawa, February 25, 2010

KP PERFORMANCE HIGHLIGHTS

• Volume 14.6 m hl (3.0% below 2008)

• Market share 45.3% (3.13 p.p. above 2008)

• Tyskie market share 18%

• Żubr market share 14%

• Lech market share 8%

Managing Director Comment
Gary Haigh, the Managing Director of Kompania Piwowarska said: “We finished the calendar year of 2009 with very strong results and managed to gain highest ever market share. During the year we also have had record market shares for all of our major brands, which is a significant achievement in a market badly hit by excise increase and the financial crisis. Over the year Kompania Piwowarska has gone through many organizational changes, which have allowed us to react quickly to rapidly changing macroeconomic environment. As a result we have entered 2010 as a much stronger organization”.

Sales results and market shares
Kompania Piwowarska SA (a subsidiary of SABMiller plc) domestic sales in 12 months (January – December) of 2009 amounted to 14.6 m hl. The sales results represent a 3% decline compared to the previous year. In 2009 the total domestic market declined by 10% with estimated volume of 32.2 million hectoliters. The strongest single reason of the sales decline was the significant increase of the excise tax rate (13.6%) in March 2009 which strongly impacted beer prices.

During twelve months of 2009 KP increased market share in the Polish beer market to 45.3% (up from 42.2% in 2008), increasing the lead over the nearest to the level exceeding 10%.

All of KP main brands grew market shares. The best selling Polish beer brand, Tyskie, increased its market share to 18%, with Żubr (market share of 14%) being the second largest Polish beer brand. The third best selling brand in KP portfolio has been Lech with market share of 8%.

Kompania Piwowarska - leader of the Polish beer industry
Kompania Piwowarska is the largest brewer in Poland. Hundreds of years of experience in brewing, state-of-the-art technology and rigorous adherence to the ‘world class manufacturing’ principles guarantee the highest quality beer. The company's brand portfolio includes best selling Polish beers, such as Tyskie, Żubr, Lech, Dębowe Mocne, Redd's as well as international premium brands: Pilsner Urquell, Grolsch and Peroni Nastro Azzurro. Kompania Piwowarska, established in 1999, operates three breweries (in Tychy, Poznań and Białystok) and fourteen depots across the country. Kompania Piwowarska is engaged in a number of social programs, addressing poverty based social exclusion as well as educational programs promoting responsibility and moderation in alcohol consumption. In the fiscal year F09, ended on 31 March 2009, KP sales volume amounted to 15.1 mill hectoliters.

SABMiller – one of the largest brewers in the world
Kompania Piwowarska is part of SABMiller plc. SABMiller plc is one of the world's largest brewers with brewing interests or 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 Aquila, Castle, Miller Lite, Snow and Tyskie. SABMiller is also one of the largest Coca Cola bottlers outside the US. In the year ended on 31 March 2009 the group reported US$ 3.4 billion in adjusted pre-tax profit and group revenue of US$ 25.3 billion. SABMiller plc is listed on the London and Johannesburg stock exchanges.

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Further enquiries:

Paweł Kwiatkowski
Corporate Affairs Director, the company spokesman
KOMPANIA PIWOWARSKA SA
ul. Szwajcarska 11, 61-285 Poznań
Telefon +48 61 66 77 509
Fax +48 61 66 77 850
Tel. kom. +48 601 599 198
pawel.kwiatkowski@kp.sabmiller.com www.kp.pl
www.abcalkoholu.pl
www.sprawdzpromile.pl
www.warto.eu

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Annual Results Announcement

11.02.2009

Strong growth of volumes and market share in 2008

KP RESULTS FOR TWELVE MONTHS ENDED 31 DECEMBER 2008

PERFORMANCE HIGHLIGHTS

• Volume of 15,0 m hl, 6.2% above 2007

• Market share 42.1%, 1.7% above 2007

• Exports volume of 444 thous. hl, 46% above 2007

• Tyskie market share 17%

• Żubr market share 12.8%

• Lech market share 7.6%

Managing Director Comment

Dieter Schulze, the Managing Director of Kompania Piwowarska said: “Regardless of challenging circumstances, Kompania Piwowarska (KP) demonstrated very good performance, thanks to its balanced portfolio of consumers’ favorite brands as well as best-in-class market execution capabilities supporting future growth prospects. However our performance in 2008 reflects also the impact of unfavorable economic conditions in Poland and abroad, adverse weather conditions, rising commodity costs and, almost equally important, the fact that the Polish beer market consolidated the rapid growth seen in recent years. The significant increase of the excise tax (March 1st) and an attempt to further restrict our advertising freedoms come in the worst possible moment for the entire industry, which has been providing jobs and livelihood for over 700,000 people and generating ca. 2% of the state budget tax revenues.”

Sales results and market shares

Kompania Piwowarska SA (a subsidiary of SABMiller plc) domestic sales in 12 months (January – December) of 2008 amounted to 15 m hl, representing a 6.2% increase compared to the previous year. Volumes increased by 4.7% on an organic basis (excluding Browar Belgia sales), representing almost three times the industry volume growth of 1.7%. Exports amounting to 444 thous. hl grew by over 46%.

With the total domestic market estimated at 35.6 million hectolitres, KP market share amounted to 42.1%, up from 40.4% in 2007.

All of KP main brands increased its sales and grew market shares. The best selling Polish beer brand, Tyskie, increased its market share up to 17% with Żubr (market share of 12.8%) being the second largest Polish beer brand. The third best selling brand in KP portfolio was Lech with market share of 7.6%. KP’s female consumer offering, the leader in the flavored beer segment, Redd’s, increased its market share to a level of 1.4%.

Investments

Kompania Piwowarska concluded its investment program by increasing the capacity of the Lech Brewery in Poznań. Now the brewery stands at 7.5 m hl annual capacity making it one of the largest and most modern breweries in Europe. The brewery received an expanded fermenting hall, new brewhouse, new filtration facilities, an ultra-modern canning line filling cans at a speed of 100,000 units per hour and a beer warehouse extension. The expenditure amounted to ca. PLN 250 m. The total production capacity of KP stands now at the level of over 18 m hl per annum.

Kompania Piwowarska - leader of the Polish beer industry
Kompania Piwowarska is the largest brewer in Poland. Hundreds of years of experience in beer brewing, state-of-the-art technology and rigorous adherence to the World Class Manufacturing principles guarantee the highest quality beer. The company's product portfolio includes TYSKIE - Poles' favourite beer, ŻUBR - the second largest Polish beer brand, LECH, Dębowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog, Peroni Nastro Azzurro and Miller Genuine Draft. Kompania Piwowarska was established in 1999 as a result of a merger of Tyskie Browary Książęce and Lech Browary Wielkopolski. In 2003 Dojlidy Brewery in Białystok was acquired by KP and in 2008 a brewery in Kielce. In the fiscal year F08, ended on 31 March 2008, KP sales volume amounted to 14.5 mill hectolitres.

SABMiller – one of the largest brewers in the world
Kompania Piwowarska is part of one of the world's largest brewing groups - 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 portfolio of over 150 brands includes world-renowned international names and established local brands recognized for their superior quality and brewing excellence (Miller Genuine Draft, Grolsch, Peroni Nastro Azzurro and Pilsner Urquell). The company is also one of the largest Coca Cola bottlers outside the US. In the fiscal year F08 ended on 31 March 2008 SABMiller generated sales worth $21.4 billion and profit before taxation of $3.2 billion. Sales volume amounted to 239 mill hectolitres.

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Annual Results Announcement - F09 fiscal year

Strong performance despite difficult economic environment

KP RESULTS FOR TWELVE MONTHS ENDED 31 DECEMBER 2008

PERFORMANCE HIGHLIGHTS

• Volume of 15.1 m hl, domestic volume up 3.9%

• Market share 42.9%, up from 40.7% (an increase of 2.2%)

• Revenue PLN 4.7 bn, up 9.1%

• Net profit PLN 757 m, up 2.4%

• Tyskie market share increased to 17%

• Żubr market share increased to 13%

• Lech market share increased to 8%

• Total Polish domestic beer volume 34.9 m hl, 1.5% below F08

Managing Director Comment

Dieter Schulze, the Managing Director of Kompania Piwowarska said: “The beer market was one of the first industries in Poland to suffer from the impact of the global economic downturn through a slowdown in beer sales already in the autumn of 2008. Within the last financial year for the first time in many years the domestic beer volumes declined. Considering this difficult environment we have delivered very good results with robust sales growth, market share increase and improved financial performance.

Kompania Piwowarska is also well positioned to take on the challenges of the coming financial year. During these uncertain times, we are prepared to adapt to the changes that we will face before the markets return to stability and growth.”

Sales results and market shares

In F09 (12 months ended 31 March 2009) domestic sales of Kompania Piwowarska SA (“KP”), a subsidiary of SABMiller plc, exceeded the level of 15 m hl and were up 3.9% on the previous year. With the total domestic market of 34.9 million hectoliters1 (a decline of 1.5%) KP market share amounted to 42.9%, representing a 2.2 percent increase from 40.7% in F08.

Brands

Tyskie remained the best selling of all Polish beer brands and increased its market share up to 17.3%. Żubr grew as well and increased its market share to the level of 13.0%. It is the second best selling Polish beer brand. Lech also increased volume and market share.

A number of innovations were introduced during the year, including a complete renovation of Tyskie’s packaging and the introduction of new sleek cans for non-alcoholic and flavoured brands (Lech Free and Redd’s).

New trends in brand communication are best represented by the charity and social-engagement based promotion schemes developed for Żubr consumers.

Responsible communication

KP, as part of SABMiller, provided trainings for approximately 1,400 of its marketing and sales staff, intended to enhance their awareness of risks related to alcohol misuse and strengthen their alignment with a strict Policy of Commercial Communication, adopted by SABMiller plc worldwide. The beginning of the F09 year also marked the launch of voluntary responsible messaging on all beer packaging (“I never drive after drinking”), being a joint initiative of the Polish beer industry.

Financial performance

KP financial performance in adverse economic environment was very good. The volume growth was reflected by a 9.1% growth of revenue and 2.4% growth of net profit, despite increased cost of raw materials and taxation. Revenue per hectolitre grew 6% following three price increases during the year, helping to offset the increased cost pressure. The third price increase was driven by the substantial growth of excise tax rate (13.6%), which came into effect on 1 March 2009. This increase had a strong negative impact on sales in March while the full expected impact of the increased tax burden will be felt throughout F10.

*Domestic market data according to Główny Urząd Statystyczny (GUS; Central Statistical Office)

Kompania Piwowarska - leader of the Polish beer industry
Kompania Piwowarska is the largest brewer in Poland. Hundreds of years of experience in beer brewing, state-of-the-art technology and rigorous adherence to the World Class Manufacturing principles guarantee the highest quality beer. The company's product portfolio includes Tyskie - Poles' favourite beer, Żubr - the second largest Polish beer brand, Lech, Dębowe Mocne, Pilsner Urquell, Redd's, Wojak, Peroni Nastro Azzurro and Miller Genuine Draft. Kompania Piwowarska was established in 1999 as a result of a merger of Tyskie Browary Książęce and Lech Browary Wielkopolski. In 2003 Dojlidy Brewery in Białystok was acquired by KP and in 2008 a brewery in Kielce. In the fiscal year F09, ended on 31 March 2009, KP sales volume amounted to 15.1 mill hectolitres.

SABMiller – one of the largest brewers in the world
Kompania Piwowarska is part of one of the world's largest brewing groups - SABMiller plc. SABMiller plc is one of the world's largest brewers with brewing interests or 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 Aquilla, Castle, Miller Lite, Snow and Tyskie. SABMiller is also one of the largest Coca Cola bottlers outside the US. In the year ended on 31 March 2009 the group reported US$ 3,405 million in adjusted pre-tax profit and group revenue of US$ 25,302 million. SABMiller plc is listed on the London and Johannesburg stock exchanges.

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Sales volumes announcement for 6 months 2009

24.09.2009

Kompania Piwowarska increased its market shares despite challenging economic environment

Sales volumes announcement for 6 months ended June 30th, 2009

Sales volumes

Kompania Piwowarska (KP), a subsidiary of one of the largest global brewers, SABMiller, announces its sales results for the 6 months ended 30th June 2009. As expected, sales for the first six months (January – June) of the calendar year 2009, were lower than in the same period last year and amounted to 7.2 million hl. KP has incurred a decline in sales of 4%, while the entire Polish brewing industry witnessed a decline of 12% (with total domestic volumes of 15.9 million hl).

Managing Director comment

Gary Haigh, the managing director of Kompania Piwowarska said: “The sales slowdown in the whole beer category started in the fall of last year with the advent of the global economic crisis. The dramatic increase of the excise tax rate in March 2009 undermined what were already weaker opportunities for growth and helped push the industry into decline. In this unfavourable environment our market share has been growing, as the rest of the industry has declined more than KP. I strongly believe the companies that will be successful long-term are those that react quickest to market changes, hence we have taken steps aimed at improving the efficiency of our manufacturing and distribution networks.”

Brand performance and market shares (January – June 2009)

In line with our strategy we have supported strongly our brands and as a result they continued to grow their market shares. Tyskie, the largest Polish beer brand, increased its market share to 17.9% (vs. 16.4% last year), while Żubr, the second best selling Polish beer, increased its market share to 13.9% (vs. 12.9%). Lech grew its share in the market from 7.3% last year to 7.8% in 2009. The total market share of Kompania Piwowarska increased in the period of six months ended June 30th, 2009 to 44.9% (up from 41.2% in the relevant period of the previous year).

During the high season our brands continued to attract consumers through high profile events and activations. Tyskie brand celebrated the International Year of Beer with beer festivals held in 65 cities and towns, which were visited by the “Tyskie convoy”. Nearly 300,000 consumers participated in these celebrations. The beer festival was an important element of a 360º activation comprising also strong ATL communication, consumer promotions and loyalty programs for retail.

Żubr (meaning ‘Bison’) carried out a few unique consumer activations including a communication program in which a few dozen Polish cities were populated with real size bison models, placed in public parks and lawns as well as a massive consumer campaign in ca. 50 thousand points of sales which resulted in direct, personal contacts with nearly 2 million consumers.

Prior to high season Lech introduced refreshed, more contemporary packaging attracting young adult consumers, for whom also summer activations were held along the Baltic coast in cooperation with national television, thus leveraging these events with multimillion tv audiences.

The economy brand, Wojak, acquired in 2008 and relaunched later that year, performed exceptionally well tripling its sales volume.

About Kompania Piwowarska - leader of the Polish beer industry
Kompania Piwowarska is the largest brewer in Poland. Hundreds of years of experience in brewing, state-of-the-art technology and rigorous adherence to the World Class Manufacturing principles guarantee the highest quality beer. The company's product portfolio includes Tyskie - Poles' favorite beer, Żubr - the second largest Polish beer brand, Lech, Dębowe Mocne, Redd's, Wojak and international premium brands Pilsner Urquell, Peroni Nastro Azzurro and Miller Genuine Draft. Kompania Piwowarska was established in 1999 as a result of a merger of Tyskie Browary Książęce and Lech Browary Wielkopolski. In 2003 Dojlidy Brewery in Białystok was acquired by KP and in 2008 a brewery in Kielce. In the fiscal year F09, ended on 31 March 2009, KP sales volume amounted to 15.1 mill hectoliters.

About SABMiller – one of the largest brewers in the world
Kompania Piwowarska is part of SABMiller plc. SABMiller plc is one of the world's largest brewers with brewing interests or 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 Aquila, Castle, Miller Lite, Snow and Tyskie. SABMiller is also one of the largest Coca Cola bottlers outside the US. In the year ended on 31 March 2009 the group reported US$ 3.4 billion in adjusted pre-tax profit and group revenue of US$ 25.3 billion. SABMiller plc is listed on the London and Johannesburg stock exchanges.

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Further enquiries:

Paweł Kwiatkowski
Corporate Affairs Director, the company spokesman
KOMPANIA PIWOWARSKA SA
ul. Szwajcarska 11, 61-285 Poznań
Telefon +48 61 66 77 509
Fax +48 61 66 77 850
Tel. kom. +48 601 599 198
pawel.kwiatkowski@kp.sabmiller.com www.kp.pl

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Sales performance in the first eight months of the year 2008

Kompania Piwowarska (KP) achieved good sales results in the first eight months of the year (January - August 2008), given the relative slowdown of the Polish beer market. The domestic sales volumes of KP were 10.7 million hectoliters. The growth of 7.2% (organic growth excluding Browar Belgia 6.2%) achieved during th

The Polish industry total domestic sales reached the level of 26.1 million hectoliters, of which KP provided 41.1% (i.e. KP market share has grown from 40% achieved in the same period of 2007).

Over the period of eight months KP continued to hold the leadership position of the Polish beer exports with sales exceeding 322 thousand hectoliters (growth of ca. 70%). The main exported brands have been Tyskie and Lech, while main markets included the United States, Canada, United Kingdom, Ireland and Germany.

Managing Director comment
Commenting the company results, Dieter Schulze, the Managing Director of Kompania Piwowarska said: "The recent performance of the Polish beer market has been influenced by three (3) main factors all contributing to a slower market development than in the previous year. Firstly the beer market is slowly approaching a natural saturation level with beer consumption in excess of the European average. Secondly we are experiencing much milder weather conditions, below the 10 year average temperatures over the summer period and lastly, we have seen a period of price increases that are in line with inflation. The hard work and commitment of our people have once again enabled our brands in the portfolio to display their strengths in this changing environment, where Kompania Piwowarska continues to grow at a rate that is significantly higher than the market.”

Brand marketing highlights
One of the major recent developments in our brands was the renovation of Tyskie, with the redesign of the packaging giving the brand a more contemporary look.

Tyskie has been very active during the summer season supporting Polish National Soccer Team during the 2008 UEFA European Football Championship. Over 1 million of Polish national flags were distributed among the consumers. Many of them shared their enjoyment in Tyskie Football Arenas constructed in large cities during the games.

More recently, during the Olympic Games in Beijing, Polish sport fans were accompanied by Tyskie brand, sponsor of the Polish Olympic Committee. Tyskie has become the Olympic athletes’ exclusive partner - ‘Our Best’ supporting the best.

All the brands in Kompania Piwowarska’s portfolio performed very well during this period. Particuar strong performers were Peroni Nastro Azzurro, our international premium brand, that tripled its sales volume compared to last year and Redd’s, which strengthened its position as the leader of flavored beers segment (18 % growth vs. the same period of last year). Alcohol free beer has also become more popular with Polish consumers with Lech Free showing strong growth as the best selling non-alcohol beer brand in Poland.

Kompania Piwowarska - leader of the Polish beer industry
Kompania Piwowarska is the largest brewer in Poland. Hundreds of years of experience in beer brewing, state-of-the-art technology and rigorous adherence to the World Class Manufacturing principles guarantee the highest quality beer. The company's product portfolio includes TYSKIE - Poles' favourite beer, ŻUBR - the second largest Polish beer brand, LECH, Dębowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog, Peroni Nastro Azzurro and Miller Genuine Draft. Kompania Piwowarska was established in 1999 as a result of a merger of Tyskie Browary Książęce and Lech Browary Wielkopolski. In 2003 Dojlidy Brewery in Białystok was acquired by KP and in 2008 a brewery in Kielce. In the fiscal year F08, ended on 31 March 2008, KP sales volume amounted to 14.5 mill hectolitres.

SABMiller – one of the largest brewers in the world
Kompania Piwowarska is part of 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 portfolio of over 150 brands includes world-renowned international names and established local brands recognized for their superior quality and brewing excellence (Miller Genuine Draft, Grolsch, Peroni Nastro Azzurro and Pilsner Urquell). The company is also one of the largest Coca Cola bottlers outside the US. In the fiscal year F08 ended on 31 March 2008 SABMiller generated sales worth $21.4 billion and profit before taxation of $3.2 billion. Sales volume amounted to 239 mill hectolitres.

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Annual Results Announcement

Poznań, 06 February 2008

Within twelve months of 2007 (1 January - 31 December) Kompania Piwowarska's domestic beer sales exceeded 14.1 million hl, a growth of 13.6% against 2006. Particularly strong growth was achieved within the first six months (January-June 2007) with a sales increase of 21% against the first six months of the previous year.

In the whole of 2007 Kompania Piwowarska increased its market share by ca. 2% and for the calendar year 2007 Kompania Piwowarska's share in the domestic beer market exceeded 40%.

Exports of Kompania Piwowarska's beer grew by 67%, exceeding 304 thou. hl. The main export markets included the United Kingdom, Germany, Ireland, Canada and the United States i.e. countries with large Polish communities. Kompania Piwowarska thus was the biggest Polish beer exporter, chiefly owing to brands Lech and Tyskie.

MANAGING DIRECTOR'S COMMENT

Commenting the sales results of 2007 calendar year Dieter Schulze, the Managing Director of Kompania Piwowarska said:

"O ile podstawą wzrostu sprzedaży branży piwowarskiej w minionym roku był ogólny rozwój gospodarczy, z zadowoleniem stwierdzam, że wyniki Kompanii Piwowarskie okazały się lepsze od wyników całej branży dzięki naszemu zrozumieniu potrzeb konsumentów oraz umacnianiu relacji z partnerami handlowymi.

We expect that the beer market will continue to grow during 2008, albeit at a slightly slower rate. A lower growth rate will be partly driven by the fact that price increases in 2008 will be unavoidable due to the extraordinary increase in raw materials and packaging costs. I do however believe that Kompania Piwowarska will grow faster than the industry with the support of our strong brand portfolio".

The brand portfolio
Each brand from Kompania Piwowarska's portfolio increased its sales. Remaining the biggest Polish beer brand, Tyskie's market share is now 16.5%. The second rank on the Polish beer market has been occupied by the ever-growing Żubr (12.5% market share) whose sales grew by over 20% against the former year. LECH brand also enjoyed a sales growth (market share: 7.2%), effectively reaching consumers with a refreshed communication platform "Friday is coming. Things will happen". Dębowe Mocne has maintained its leading position within the strong beer segment. The three flavours of Redd`s have been leading on the Polish flavoured beer market. Our brand portfolio includes also international premium brands: Pilsner Urquell, Peroni Nastro Azzurro and Miller Genuine Draft which all enjoyed a significant sales growth in 2007. For example, Peroni Nastro Azzurro was among the fastest growing brands on the Polish premium beer market (growth by almost 900% against 2006).

The investments
In 2007 Kompania Piwowarska increased its production capacity in all its breweries. The brewery in Tychy (the biggest SABMiller brewery in Europe) increased its production capacity to nearly 8 mill hl per annum (by constructing a new brewhouse, new packaging lines and extending the fermenting and storage facilities). In the Poznań brewery (production capacity: 5.5 mill hl) a number of environment-friendly activities were undertaken, including a new gas boiler which cut down on emission of sulphur (by 99%), CO2 (by 50%) and thoroughly eliminated dust emission. The brewery extension is in progress; soon a modern warehouse of over 15 thou. sq.m. will be constructed. The brewery in Białystok boosted its production capacity to 2.5 mill hl by constructing a new brewhouse and extending the cellars. A new CO2 station was commissioned for recovering carbon dioxide (the station's total capacity amounts to 1250 kg/h). Since KP purchased the brewery in Białystok it has tripled its production capacity.

A transaction of purchasing Browar Belgia in Kielce (1 mill hl), concluded in January 2008, and investments in progress (in the breweries in Poznań and Tychy) will result in annual production capacity of 17 mill hl just before the high season.

Social and environmental activities
At Kompania Piwowarska great emphasis is placed on sustainable growth. We have achieved extremely low level of water consumption by world standards, which now stands at 3.6 hl of water used to produce 1 hl of beer. Nearly 100% waste is recycled and we no longer use coal boiler-houses thus having made the CO2 allowances trading an extra source of income. We will strive to enhance our competence in this respect.

In the past year Kompania Piwowarska allocated a lump sum of PLN 1.5 mill for the second edition of the social project FOR WHAT IT'S WORTH aimed at curbing poverty in Poland by supporting long-term projects supervised by non-governmental organizations fighting social exclusion. As part of the first edition, KP's grants provided assistance to nearly 4,000 people.

Kompania Piwowarska - leader of the Polish beer industry
Kompania Piwowarska is the largest brewer in Poland. Hundreds of years of experience in beer brewing, state-of-the-art technology and rigorous adherence to the World Class Manufacturing principles guarantee the highest quality beer. The company's product portfolio includes TYSKIE - Poles' favourite beer, ŻUBR - the second largest Polish beer brand, LECH, Dębowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog, Peroni Nastro Azzurro and Miller Genuine Draft. Kompania Piwowarska was established in 1999 as a result of a merger of Tyskie Browary Książęce and Lech Browary Wielkopolski. In 2003 Dojlidy Brewery in Białystok was acquired by KP and in 2008 a brewery in Kielce. In the fiscal year F07, ended on 31 March 2007, KP sales volume amounted to 13 mill hectolitres.

SABMiller - one of the largest brewers in the world
Kompania Piwowarska is part of one of the world's largest brewing groups - 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 portfolio of over 150 brands includes world-renowned international names and established local brands recognized for their superior quality and brewing excellence (Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell). The company is also one of the largest Coca Cola bottlers outside the US. In the fiscal year F07 ended on 31 March 2007 SABMiller generated sales worth $18.6 billion and profit before taxation of $2.8 billion. Sales volume amounted to 216 mill hectolitres.

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Annual Results Announcement - F08 fiscal year

Poznań, May 16th, 2008

KOMPANIA PIWOWARSKA DELIVERED STRONG VOLUME AND MARKET SHARE GROWTH

Sales and market share
Kompania Piwowarska (KP) achieved strong sales growth in the F08 fiscal year (1st of April 2007 to 31st of March 2008). Domestic sales volumes amounted to 14.5 million hectolitres, representing growth of 12.0 % (up from 12.9 million hectolitres in F07). The 14.5 million hectoliters figure includes sales of Browar Belgia acquired in January 2008 for the period of first three months of 2008. The organic growth (i.e. excluding Browar Belgia sales) amounted to 11.4%. With the total domestic market estimated at 35.4 million hectolitres, Kompania Piwowarska market share was 40.8 %, up from 38.7% in F07. Thus Kompania Piwowarska growth was almost double the industry volume growth of 6.1%.

Managing Director comment
Providing a summary of the recent performance, Dieter Schulze, the Managing Director of Kompania Piwowarska said: “The main drivers of the strong KP sales growth have been the continuous improvement in management practices throughout the whole company and enhanced understanding of consumer needs supported with marketing excellence. These developments have been underpinned by the continued growth of the Polish economy and reasonable pricing strategy against moderate inflation levels and strong raw materials and packaging cost pressure”.

“With continuous market growth Polish consumers have drunk an average of 93 litres per capita per annum thus making Poland one of the leading European and, as a matter of fact, global beer markets. The current growth trends are expected to continue and this will enable us to continue our support for the Polish national football team with its famous coach and the Polish Olympic team but also our CSR programs supporting the reduction in poverty and social exclusion,” Dieter Schulze said.

Brand portfolio and brand performance
All KP brands achieved significant sales and market share growth with Żubr and Lech achieving double digit sales growth (17% and 11% respectively).

Tyskie, the best selling Polish beer brand, increased its market share up to 16.4%, achieving strong growth of 8.5 % off a very high base. The communication of Tyskie brand corresponded strongly with consumer expectations and included the brand’s engagement in supporting the Polish national football team and its coach Leo Beenhakker. The brand proved close and relevant to consumers through many other activations including numerous summer events held across the whole country providing unforgettable experience for as many as 400 thousand consumers.

Żubr remained # 2 Polish beer brand, while Lech attracted consumers to its unique brand world associated with good company, partying and music. KP’s offering for female consumers, Redd’s, continued to be the flavored beer segment leader with ca. 58 % share of this segment.

Financial results
Kompania Piwowarska delivered a strong profit growth in the fiscal year F08 with revenues up 14.7 % and net profits up 14 %. Kompania Piwowarska remained one of the top contributors to the fiscus, with total taxes paid in F08 of over PLN 1.3 billion

Investment program
Increased demand for KP brands has prompted a number of capacity extension investments. In F08 Browar Belgia (now Browar Kielce) with a production capacity in excess of 1 million hectoliters has been acquired and integrated into the existing production footprint consisting of breweries in Tychy, Poznań and Białystok.

The investment program included also extending capacity in Tychy and resulted in increasing the total KP annual capacity to the level of 17 million hectoliters. Considerable resources have been deployed to support Kompania Piwowarska brands in the marketplace.

Exports growth
The unchallenged leader of the Polish beer exports has been in F08 Tyskie, the best selling Polish beer brand, with the estimated share of all Polish beer exports of 14.7%. Total KP exports have grown by 67%, up to 345 thousand hectoliters with main exported brands being Tyskie and Lech, while the total KP estimated share of Polish beer exports have amounted to 26% (almost double that of the nearest competitor). The key export markets were the UK, Germany, Ireland, the United States and Canada.

SABMiller plc F08 financial results
This has been another year of strong growth for the group. This strong result for the year has been achieved despite challenging comparative growth rates across a number of markets in the prior year and a substantial rise in input costs for the group as a whole. Total beverage volumes were up 6%, to 288 million hl and total lager volumes were up 11% to 239 million hl, including the impact of acquisitions in China and Europe. A 15% increase in group revenue translated into EBITA growth of 15% to US$4,141 million, or 9% on an organic constant currency basis. This reflects the benefit of price increases, mix improvements and productivity gains, all of which have offset the rise in input costs, in addition to favourable currency rates against the US dollar. The group’s ability to recover these higher costs underlines the strength of its brands and its operational capability in enhancing net revenue per hectolitre through effective control of package mix and portfolio pricing. The group EBITA margin remained level with the prior year at 17.4%. Earnings benefited from currency strength and lower effective tax rates in certain jurisdictions.

SABMiller Europe performance
The group’s business in Europe delivered excellent performance, with organic lager growth of 8%, and EBITA growth of 15% in organic constant currency and 30% on a reported basis. Strong volume growth in Poland, Romania and Russia was complemented by market share gains in several countries. Price increases, mix improvements and the introduction of new products and packs, assisted by operational efficiencies, offset significant brewing raw material and packaging cost increases.

Kompania Piwowarska - leader of the Polish beer industry
Kompania Piwowarska is the largest brewer in Poland. Hundreds of years of experience in beer brewing, state-of-the-art technology and rigorous adherence to the World Class Manufacturing principles guarantee the highest quality beer. The company's product portfolio includes TYSKIE - Poles' favourite beer, ŻUBR - the second largest Polish beer brand, LECH, Dębowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog, Peroni Nastro Azzurro and Miller Genuine Draft. Kompania Piwowarska was established in 1999 as a result of a merger of Tyskie Browary Książęce and Lech Browary Wielkopolski. In 2003 Dojlidy Brewery in Białystok was acquired by KP and in 2008 a brewery in Kielce. In the fiscal year F08, ended on 31 March 2008, KP sales volume amounted to 14.5 mill hectolitres.

SABMiller – one of the largest brewers in the world
Kompania Piwowarska is part of one of the world's largest brewing groups - 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 portfolio of over 150 brands includes world-renowned international names and established local brands recognized for their superior quality and brewing excellence (Miller Genuine Draft, Grolsch, Peroni Nastro Azzurro and Pilsner Urquell). The company is also one of the largest Coca Cola bottlers outside the US. In the fiscal year F08 ended on 31 March 2008 SABMiller generated sales worth $21.4 billion and profit before taxation of $3.2 billion. Sales volume amounted to 239 mill hectolitres.

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Further enquiries:

Paweł Kwiatkowski
Corporate Affairs Director, the company spokesman
KOMPANIA PIWOWARSKA SA
ul. Szwajcarska 11, 61-285 Poznań
Telefon +48 61 66 77 509
Fax +48 61 66 77 850
Tel. kom. +48 601 599 198
pawel.kwiatkowski@kp.sabmiller.com www.kp.pl

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Annual Results Announcement

Poznań, 17 May 2007

KOMPANIA PIWOWARSKA MATCHED ITS STRONG FINANCIAL PERFORMANCE WITH STRONG SOCIAL CONTRIBUTION

Sales and market share
Kompania Piwowarska (KP) achieved strong sales growth in the F07 fiscal year (1st of April 2006 to 31st of March 2007). Domestic sales volumes amounted to 12.9 million hectolitres, representing growth of 13.0 % (up from 11.4 million hectolitres in F06). With the total domestic market estimated at 33.3 million hectolitres, market share amounted to over 38%, up from 37.5% in F06.

The main drivers of the strong growth have been the continued favorable weather conditions, good momentum in the Polish economy as well as innovative marketing activities and the ongoing improvement of the service to our trading partners and customers across all channels, especially large format (hypermarket) chains.

Brand portfolio and brand performance

Kompania Piwowarska's brands are now the preferred brands of Polish consumers. Tyskie and Żubr, Poland's two leading beer brands, grew volumes by 10% and 23% respectively, whilst our upper mainstream brand Lech grew 9%.

The biggest Polish brand is Tyskie, which has performed well with annual market share of 16%. Tyskie is the sponsor of the Polish National Football Team. One of last year's most spectacular marketing campaigns, "Hang out the flags. Help our footballers!" was granted a Grand Prix at this year's edition of Media Trends, a contest organized by the Association of Advertising Agencies. Tyskie produced and distributed a million football fan's flags. The result was spectacular: the flags were everywhere, including private flats, office buildings, pubs and bars. The project allowed the brand to stand out in a very cluttered environment at the time.

Tyskie is now the flagship of Polish beer exports to the West, especially the United Kingdom, Ireland, Germany and the United States becoming the biggest Polish Brand not only in Poland but also abroad.

Żubr has been still growing significantly, reaching an annual market share of 11%. It is the second biggest brand in the Polish beer market.

In F07 Kompania Piwowarska introduced new variant of Lech brand: Lech Lite. Lech Lite makes an entirely new beer category in Poland. Beer with reduced alcohol (3.8%) and calorie content (25% less compared to regular beer) responds to the growing global "health and wellness" trend. Flavored beer segment's leader Red's performed exceptionally well. With a new, upgraded packaging and a successful repositioning of the range towards female consumers its volume grew by 42%.

Red's performed exceptionally well. With a new, upgraded packaging and a successful repositioning of the range towards female consumers its volume grew by 42%.

Our brand portfolio includes international premium brands Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft as well as local premium Dog in the Fog and a leader in the strong beers segment Dębowe Mocne.

Financial results
Kompania Piwowarska produced strong profit growth in the fiscal year F07, similarly as in every year since its formation in 1999. Gross revenues in the fiscal year F07 were up 16 % and net profits up 22 %. Kompania Piwowarska remained one of the top contributors to the fiscus, with total taxes paid in F07 of over PLN 1.2 billion.

Investment program
The fiscal year F07 witnessed dynamic investment activities in the Tychy and Białystok breweries as well as within the sales and distribution infrastructure. The total value of the three year capacity expansion program launched in 2005 reached approximately PLN 300 million. The investment program resulted in increasing the brewing capacity to 14.7 mill hl beer per annum (which will be further increased up to 15 million hl). This will suffice to cater for almost half of the national demand for beer. Also within the past fiscal year Kompania Piwowarska has completed extending its distribution network with three new depots located in Lublin, Wrocław and Rzeszów. The investment is a response to the growing demand for Kompania Piwowarska's products.

Exports growth
During the twelve months of F07 our export sales grew by nearly 200% and reached volumes of over 200 thousand hl. The main markets for export sales were the UK, Germany, Ireland and the US, i.e. countries with substantial Polish communities. Kompania Piwowarska has become the largest exporter of Polish beer, with Tyskie and Lech the best selling Polish beer brands abroad.

Social contribution
We are committed to being a responsible company because we understand that behaving responsibly has a positive impact on our profitability and it also contributes to the economic growth and well being of the society. Our aim is to contribute to the national economy and to support families of our employees as well as those of our partners and suppliers. We demonstrate our concern for the communities amongst which we operate and also for the natural environment. Together with the brewing industry in Poland we continue to conduct educational programs covering issues related to alcohol misuse (drunk driving and alcohol sales to the underage).
In recent fiscal year we committed an significant amount of PLN 1.5 million for the corporate social investment program WARTO BYĆ ZA! (FOR WHAT IT'S WORTH!) targeted at curbing poverty in Poland through financing sustainable NGO projects which address social rejection. The program has been met with widespread enthusiasm and the first nine projects have been launched with KP financing. The program is designed as an on-going, long term commitment of Kompania Piwowarska.

The company's employees have been invited to participate in the ZGRANI Z NATURĄ (IN TUNE WITH NATURE) environmental program utilizing internal marketing techniques and a loyalty program concept in order to engage employees in pro-environmental actions.

Managing Director comment
Mark Bowman, the Managing Director of Kompania Piwowarska said: "Our performance in F07 was the result of improved cooperation with our trading partners and excellent marketing brand management. However important, contributing factors were also the excellent weather condition and robust economy translating into increased consumer buying power. I believe for the same reasons the brewing industry in Poland enjoys good prospects for further growth.
We are proud that our very good financial performance also generated considerable contribution to Polish fiscus making Kompania Piwowarska one of the largest tax payers in Poland. In the future we plan to continue also our engagement with communities through our corporate social investment programs as well as educational effort promoting responsible consumption patterns among consumers and retailers."

SABMiller plc F07 financial results
Kompania Piwowarska is part of the world's second biggest brewing group - SABMiller plc. It 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 Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands. The company is also one of the largest Coca Cola bottlers outside the US.
The group has delivered good growth for the year, and ended with a strong fourth quarter performance. Our portfolio of developing and developed market businesses delivered organic growth in lager volumes of 10% and growth in EBITA of 12% on an organic, constant currency basis, despite higher commodity costs and challenging trading conditions in North America.
The group EBITA margin increased to 17.4%, an increase of 20 basis points over the prior year. This translated into a 10% increase in adjusted earnings per share of 120.0 US cents.
Total beverage volumes were up 10% on an organic basis, and 23% above last year on a reported basis at 272 million hl as the prior year only included a partial contribution from our South American business from 12 October 2005. Total lager volumes were 216 million hl.

Overall, these results continue to demonstrate the strength of the group's growth profile and the advantage of its bias towards developing beer markets around the world. Europe and Latin America delivered excellent growth. Europe's impressive performance represents the division's sixth consecutive year of double digit earnings growth, driven by its focus on trade marketing and the development of a full brand portfolio in its markets. These portfolios have benefited from continuous renovation of mainstream brands, the introduction of new premium products, utilisation of innovation in product packaging and point of sale materials and the addition of our international premium brands. In South America, our strategy is delivering volume, revenue and earnings growth ahead of expectations, as new brand launches and packaging renovations contributed to an acceleration of volume growth in the second half of the year. Robust performances in our South American businesses were underpinned by positive macroeconomic performance, with GDP growth of more than 6% growth in our larger markets.

SABMiller Europe performance
SABMiller has a brewing presence in 8 European countries: Poland, Czech Republic, Russia, Italy, Romania, Hungary, Slovakia and Spain (Canary Islands).
Europe again delivered excellent results, with total lager volume growth of 12% (organic 11%) and EBITA improving by 29%. Volumes were strong in Poland, Russia and Romania, while most other operations outperformed their underlying market growth. Volume performance was boosted by the favourable weather conditions which prevailed during the year, including an exceptionally mild winter, generally buoyant economies and the soccer World Cup. Direct marketing investment grew in line with revenue while productivity was up 6% reflecting improved scale efficiencies. Organic EBITA margin enhancement of 50 basis points was assisted by positive brand mix with premium brands growing 15%.
Reported EBITA growth of 29% was enhanced by strong currencies, with organic constant currency growth of 19%. During the second half, margins tightened with a move to non-returnable packaging, particularly cans, where volumes were up 34%. Poor 2006 barley and hop harvests resulted in significantly increased malt and brewing costs in the final quarter.

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Sales results and market share

Poznań, 07 February 2007

KOMPANIA PIWOWARSKA, increased its lead in the beer industry in Poland

SALES RESULTS AND MARKET SHARE

During the twelve months of 2006 (1 January - 31 December) Kompania Piwowarska beer sales exceeded 12.4 million HL, representing growth of 10.7% against the prior year. While growth was consistent through the year, exceptionally strong sales results were achieved during the summer season, when the entire beer industry experienced very good weather conditions.

In the 4th quarter (October - December), after the high season, KP's sales performance remained robust, almost maintaining summer levels, with the total sales for the quarter amounting to 2.8 million HL ( ie growth against 4th quarter of the previous year, of 14.5%).

Within the year Kompania Piwowarska increased its share of the domestic beer market by 1.3% up to 38.3% share.

Export sales grew by over 300% with export volumes of over 180 thousand HL. The main markets for export sales were the UK, Germany, Ireland and the US, i.e. countries with substantial Polish communities. Kompania Piwowarska has become the largest exporter of Polish beer, with Tyskie and Lech the best selling Polish beer brands abroad.

MANAGING DIRECTOR'S COMMENT
Mark Bowman, Managing Director of KOMPANIA PIWOWARSKA said:
"Last year's good performance of the brewing industry reflected favourable operating conditions with factors such as the World Cup, the warm summer, as well as improvements in consumer disposable contributing in equal measure. We are very pleased with our performance which we ascribe to the increasing relevance of our brands resulting from deliberate marketing investments, and to the strong support of our trading partners and customers.
In addition, based on our longer term growth expectations, we have invested 185 million PLN in expanding our Tyskie brewery, and have developed new sales and distribution facilities in Wrocław, Rzeszów and Lublin.

We expect the market growth to continue for 2007, albeit at a slower pace, and we are hopeful that our current positive market momentum can be maintained. "

Kompania Piwowarska - the leader of the Polish beer industry
Kompania Piwowarska is the biggest and the most profitable brewer in Poland. Hundreds of years of experience in beer brewing, state-of-the-art technology and rigorous adherence to the World Class Manufacturing rules guarantee the products' highest quality. The company's product portfolio includes TYSKIE (Pole's favourite beer), ŻUBR (second largest beer brand in the country), LECH, Dębowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog, Miller Genuine Draft and Peroni Nastro Azzuro. Kompania Piwowarska was established in 1999 as a result of a merger of Tyskie Brewery and Lech Brewery Wielkopolski.

In 2003 Kompania was joined by Dojlidy Brewery at Bialystok.

SABMiller - the world's second largest brewer
Kompania Piwowarska is part of the world's second largest beer producer - SABMiller plc. At present the Group is operating in over 60 countries on five continents. The company's portfolio includes over 120 potent brands (Pilsner Urquell, Miller Genuine Draft, Peroni Nastro Azzurro or Castle Lager). In many countries SABMiller Group enjoys the leader's position on the beer market. SABMiller plc is also the biggest bottler of Coca-Cola in the world, excluding US.

SABMiller plc is listed on the London and Johannesburg Stock Exchanges.

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Sales performance in the first half of the year 2007

Strong growth in volumes over the first half of 2007

Sales performance in the first half of the year 2007

Domestic sales of Kompania Piwowarska over first six months of the calendar year 2007 (January - June) reached the level of 6.9 million hectoliters, which represents growth of 21% versus the sales in the first half of the previous year (5.7 m hl). Also summer months were very good with July and August combined volumes of over 3 million hl (growth versus last year's summer months of 10 %).

The total sales achieved in the first eight months (January - August) of the year 2007 were over 10 million hectolitres of beer, which represents an organic growth of 17 % versus the same period of last year. At the same time (January - August 2007) the entire beer industry in Poland achieved a growth in domestic volumes of 12%. KP market share in this period has been ca 39%.

Managing Director comment:
Commenting the company sales results, Mark Bowman, the Managing Director of Kompania Piwowarska said: "We are pleased with our performance in the first part of the year. We attribute the growth to the development of the economy and to the ongoing investment in our brands. The competitive nature of the market and the rivalry between brands results in the constant uplift of quality standards, variety of choice offered to discerning Polish consumers as well as affordable beer prices."

Company update:

Brand marketing activities highlights

Tyskie
Tyskie brand has been the sponsor of many marketing activities, especially a series of "Tyskie Biesiady w Międzynarodowym Gronie" (Tyskie Feasts in an International Company). This year's feasts celebrated Tyskie export success: now the brand is the biggest Polish export beer brand and one of the top imported beers to UK and Ireland. The events were held in 20 cities with estimated participation of 100 - 120 thousand consumers. Also the annual "Woodstock" Rock Festival held in Kostrzyn nad Odrą attracted some 150 thousand consumers.
Tyskie continues to be the most admired and best selling Polish beer brand with the market share of over 16%.

Żubr
The second biggest beer brand in Poland (11 % market share), Żubr, enjoyed robust sales growth and for the first time (in May this year) its annual sales reached over 4 million hectolitres.
One of the most visible of Żubr marketing activities has been based on the brand's social involvement. Consumers were invited to purchase Żubr while a portion of the revenue has been spent on renovation of selected recreational sites in six cities: Białystok, Elbląg, Olsztyn, Lublin, Płock and Włocławek with combined value of several hundred thousand złoties.

Lech
Lech brand has been very active in the summertime. Among the highlights of events held for Lech consumers has been the Electronic Music Festival CREAMFIEDLS in Wrocław with the participation of ca 20 thousand consumers. During the high season Lech held promotional events every weekend. The most spectacular, grand show organized for the whole summer at the seaside has been the Lech Summer Epicentrum. These and other numerous events have been designed to strengthen the brand's bonds with consumers, based on concept of weekend partying with Lech.

Dog in the fog
The beginning of June was marked with a new television campaign of Dog in the fog. The brand was launched two years ago, but refreshed just in May 2007. New Dog lost its distinct, fruity aroma and changed its color. Now it is dark amber; it also gained more traditional taste: hoppy with deep, malty note. The alcohol content has been increased to 5.5%.

Redd's
Redd's activities during the summer included Summer Island promotional sites set up in several cities as well as an innovative design contest. The brand invited predominantly female consumers to design their own, individualized beer cans. The designs were judged by the jury of celebrities: Marysia Peszek, Ania Dąbrowska and Endo. The jurors had also designed their own cans, of which a limited edition has been on sale in retail stores across the whole country.

Other recent developments

Investment in Kielce
In August KP announced the transaction with Palm Breweries NV, which should lead to the acquisition of 99.96% of the shares of Browar BELGIA Sp. z o.o. in order to secure production capacity necessary to keep pace with the expected growth in demand for KP products. The transaction is subject to the approval of the Office of Competition and Consumer Protection in Poland (OPCC). The BROWAR BELGIA's annual production capacity stands at the level of excess of 1 million hectoliters.

The close of the collective dispute
An agreement has been reached with the trade union "Solidarity", concluding the collective dispute launched in March 2007. As a result a three year salary growth plan has been agreed. An additional feature of the agreement is the introduction of a private medical care plan for all employees and their families.

Managing Director appointments
SABMiller plc, the leading global brewer and the mother-company of Kompania Piwowarska, announced in August that Mark Bowman, KP's Managing Director, would take up the role of the Managing Director of SABMiller Africa. Reporting directly to Graham Mackay, SABMiller Chief Executive, Mark Bowman will join the SABMiller plc Executive Committee (Excom), effective October 1st, 2007. Mark Bowman's successor will be Dieter Schulze, coming to KP from the Ursus Breweries in Romania where he worked as Managing Director for over four years. Before assuming the position in Romania he had spent over a year in Poland as a Finance Director hence he has been acquainted with Poland and Kompania Piwowarska itself.

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Further enquiries:

Paweł Kwiatkowski
Corporate Affairs Director, the company spokesman
KOMPANIA PIWOWARSKA SA
ul. Szwajcarska 11, 61-285 Poznań
Telefon +48 61 66 77 509
Fax +48 61 66 77 850
Tel. kom. +48 601 599 198
pawel.kwiatkowski@kp.sabmiller.com www.kp.pl

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Sales results for Q1

Poznań, 26 April 2006

KOMPANIA PIWOWARSKA'S REACHED BEST RESULTS EVER

1. SALES RESULTS

Sales results for the first quarter of 2006
Kompania Piwowarska's sales in the first quarter of 2006 year (January 1st - March 31st) were up on the same quarter for the prior year by 10.5 %. With sales of 2.3 million hectolitres, Kompania Piwowarska reported the largest volume of beer sold to domestic customers among all beer companies in Poland. The Polish brewing industry sales grew in the same period (1st quarter 2006 vs. 1st quarter 2005) by 2.3%.

The strong sales growth achieved by Kompania Piwowarska over the quarter equates to a market share of 39%. This represents an increase of market share of 1.8% (vs. the first quarter of 2005).

Sales performance in 12 months (April 1st, 2005 - March 31st, 2006)
KP's financial year begins on April 1st and ends on March 31st as it is synchronized with the accounting year of SABMiller. Over the financial year (i.e. April 1st, 2005 to March 31st, 2006) KP sales equaled 11.4 mln Hls, an increase of 11% over the prior year, the highest volume sold in Polish domestic market within a period of 12 months. KP's market share equaled 37.5% in that period (based on GUS producer sales data).

Please note: During past year the basis for market shares calculation has been changed and now it reflects corrected data based on Polish Central Statistical Office (GUS). KP's market share for the financial year 2004/2005 (ended on March 31st, 2005 , based on Polish Brewers Association (ZPPP) data, was reported to be 37.5%, while the Association does not monitor the whole beer market. The corrected, recalculated KP's market share for that year was 36.0%. Therefore the market share of 37.5% achieved in the financial year 2005/2006 ended on March 31st, 2006 represents growth of 1.5%.

Company Comment
"Our outstanding sales results during the first quarter of 2006 - says Pawel Kwiatkowski, Kompania Piwowarska's Spokesman - were the direct result of continuous improvement achieved in all fields across the whole company. Effective brand portfolio management has been matched by excellent customer service and increased reach of our sales forces. We have demonstrated we can satisfy consumers' needs better and more effectively than other players of the beer industry."

2. BRAND PORTOFLIO MANAGEMENT

Tyskie honoured with "a beer Oscar Award".
On 15 March 2006 a ceremony of handing 'beer Oscars' took place in London. This most prestigious competition of the global beer industry, The Brewing Industry International Awards, has been held on a regular basis since 1886 year. The contest's latest edition was a stunning success for Polish brewers: a gold medal and an all round Champion award were awarded to Tyskie Gronie. During the London gala, representatives of the Tyskie Gronie brand received the gold medal and the all round Champion Beer award in the 'packaged lager' category.

No Polish beer had been awarded such a prestigious award before. And, Tyskie is the first beer brand in history to have won medals in three successive competitions: first time in 2002 (Gold Medal and Champion Beer), second time in 2004 (Silver Medal) and now a third time in 2005.

New brands within Kompania Piwowarska brand portfolio
The first quarter of 2006 year has been a busy period for Kompania Piwowarska as we have been preparing the launches of three brands: PERONI NASTRO AZZURO, a new Redd's variant, REDD's SUN and an alcohol-free extension of one of the biggest brands in Poland, LECH FREE.

PERONI NASTRO AZZURRO, SABMiller's international premium lager brand, has been launched in Poland as of April 2006. The value of the international premium lager beer segment is estimated as US $ 250 million.

The launch has been designed in quite an innovative way offering consumers a unique experience celebrating Italian style. Events will be rolling out across Poland's major cities, including Warsaw, Krakow, Poznan, Wroclaw and Gdansk-Sopot-Gdynia.

The introduction of Peroni Nastro Azzurro in Poland will reinforce SABMiller's position in the country's international premium beer segment, and breathe new life into the category. "We believe that Peroni Nastro Azzurro's unique, authentic offering - Italian style in a bottle - will bring a true meaning of 'premium' to the category, making it the premiere choice for consumers seeking quality, stylish products that look and taste great", said Chris Taylor, SABMiller's international brand director for Peroni Nastro Azzurro.

Brewed in Italy for over forty years, Peroni Nastro Azzurro is imported to Poland directly from its brewery in Padua, in Northwestern Italy. Peroni Nastro Azzurro has seen strong adoption by upmarket consumers across all markets, thanks to targeted distribution at some of the most desirable style bars and restaurants.

REDD'S SUN is a new taste variant of a beer brand famous so far for its apple and raspberry flavours.

'The new citrus-flavoured beer is an offer for lovers of exotic fruits and ingenious taste sensations. This is a beer ideal for spring parties and hot summer days', says Pawel Kwiatkowski, KP's Corporate Affairs Director. This, however, is not the end of changes to the brand. Soon the market will witness new packaging for Redd's. Due to a vertical logo and an untypical label shape, Redd's new packaging is modern and innovative while a unique colour code makes it easy to be found on crowded shop shelves, explains Pawel Kwiatkowski.

In the past quarter Kompania Piwowarska has also launched LECH FREE a new brand extension of one of the flagship brands. The launch of this product has been a response to social changes taking place in Poland. Currently alcohol-free beer segment is relatively small, but its role will increase together with consumer attitude changes - active life styles becoming more popular. Lech brand is consistent in building its image as a modern and innovative brand preferred by discerning, dynamic consumers who value a good time.

The new product alcohol contents is below 0,5%. It has an excellent taste, which differentiates the product among majority of other alcohol-free products.

3. CHANGES IN KOMPANIA PIWOWARSKA'S DISTRIBUTION SYSTEM

As of April 1st (beginning of the financial year), Kompania Piwowarska introduced changes to the former distribution system for the traditional market.

The new strategy focuses on the concept of the "Business Partner of Choice" through building long-term relations with strategic business partners of Kompania Piwowarska. The distribution model continues to be built upon working through wholesalers. This is an optimal solution for the Polish market from the point of view of the clients and also to assure product availability to customers.

The changes will contribute to improved profitability of both Kompania Piwowarska and its business partners by reinforcing the existing business model and aligning support of both parties. KP will support its business partners both technically and financially.

"The purpose of this activity is the continuing desire to adjust our offering to increase our competitive advantage on the market. With this change we can be more effective in building our common business using appropriate promotional and marketing activities. Better allocation of support will enable us to compete more effective and to better respond to consumer needs, said Tomasz Blawat, Kompania Piwowarska's Vice President for Sales and Distribution.

According to an independent study carried out by PENTOR, Kompania Piwowarska is considered the unquestionable leader in customer service quality among all beer companies in Poland. Our company is the leader in general customer satisfaction rankings which means that also distributors, retail chains, traditional stores and catering outlets consider us the best business partner in Poland.

Kompania Piwowarska - The Industry Leader in Poland
Kompania Piwowarska - The industry leader in Poland Kompania Piwowarska is the biggest and the most profitable company in the brewing industry in Poland. Several hundred years of brewing experience, modern technology and rigorous adherence to World Class Manufacturing principles guarantee the uncompromising quality of its products. Its brand portfolio includes: TYSKIE, the biggest beer brand in Poland, ZUBR, LECH, Debowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog and Miller Genuine Draft. Kompania Piwowarska was established in 1999 as a result of the merger of Tyskie Browary Ksiazece and Lech Browary Wielkopolski. In 2003, the company acquired Browar Dojlidy. In the financial year ended on 31 March 2005, Kompania Piwowarska achieved a net profit of PLN 481 million on sales revenue of more than PLN 3.3 billion.

SABMiller - The Second Biggest Global Brewer
Kompania Piwowarska is part of SABMiller plc. 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 on a UK GAAP basis. SABMiller plc is listed on the London and Johannesburg stock exchanges.

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Annual Results Announcement

Poznań, 20 January 2004

KOMPANIA PIWOWARSKA SA DELIVERS STRONG FINANCIAL PERFORMANCE IN THE FINANCIAL YEAR F06*

Poznan, May 18th, 2006
*) KP's financial year begins on April 1st and ends on March 31st as it is synchronized with the accounting year of SABMiller.

1. SALES RESULTS IN 12 MONTHS (FO6: APRIL 1ST, 2005 - MARCH 31ST, 2006)

Sales performance
Over the financial year (i.e. April 1st, 2005 to March 31st, 2006) KP sales equaled 11.4 million Hls, an increase of 11% over the prior year, the highest volume sold in the Polish domestic market within a period of 12 months. The growth rate of 11 % is substantially more than the entire brewing industry growth rate (4.7 %) in that period. With the total domestic market estimated at 30.4 million hectoliters, KP's market share amounted to 37.5%, up from 36% in 2004/2005 (April 2004 - March 2005). Kompania Piwowarska has enjoyed uninterrupted market leadership in the Polish brewing industry since June 2004.

Please note: During past year the basis for market shares calculation has been changed and now it reflects corrected data based on Polish Central Statistical Office (GUS). KP's market share for the financial year 2004/2005 (F05 ended on March 31st, 2005), based on Polish Brewers Association (ZPPP) data, was reported to be 37.5%, while the Association does not monitor the whole beer market. The corrected, recalculated KP's market share for that year was 36.0%. Therefore the market share of 37.5% achieved in the financial year 2005/2006 (F06 ended on March 31st, 2006) represents growth of 1.5%.

The outstanding sales performance has been the result of innovation in brand management and trade marketing as well as further channel penetration improvement and more effective execution at the point of purchase.

Channel performance
Kompania Piwowarska increased its market shares in all retail channels - the modern trade, traditional outlets and the on-trade. The outstanding market share growth of over one third has been achieved in the key accounts segment. The main drivers of this performance have been the increased focus on service excellence as well as building relationships. Other contributing factors here were channel investments and innovation in merchandising.

Managing Director commentary
Mark Bowman, the Managing Director of Kompania Piwowarska said: "The strong results for the financial year completed in March 2006 reflect the culmination of ongoing efforts to improve marketing and trade execution in the business. While the Polish economy remains relatively robust, overall beer growth has been moderate. Nevertheless Kompania Piwowarska has achieved good growth of 11 % over the prior year.

I need to acknowledge the support of our distributors in enabling this performance. Of course our staff are a key ingredient in the ongoing success, and this year was no exception - an organization-wide commitment to high performance and competency development has sustained high levels of motivation. At a personal level I would like to extend my thanks to Karl Lippert for his role in successfully leading the business over the last three years."

I need to acknowledge the support of our distributors in enabling this performance. Of course our staff are a key ingredient in the ongoing success, and this year was no exception - an organization-wide commitment to high performance and competency development has sustained high levels of motivation. At a personal level I would like to extend my thanks to Karl Lippert for his role in successfully leading the business over the last three years."

On March 9th SABMiller plc announced the appointment of Mark Bowman as Managing Director of Kompania Piwowarska with effect from May 1st 2006. Mark Bowman joined KP from Amalgamated Beverage Industries, SABMiller's South African soft drink division and part of SAB Ltd, where he previously held the position of Managing Director of ABI and Chairman of Appletiser. ABI is SABMiller's largest Coca Cola partner company, with volumes of 14 million hectoliters and revenue of just over $1 billion.

2. BRAND MANAGEMENT INNOVATION AND EXCELLENT BRAND PERFORMANCE

In the financial year F06 Kompania Piwowarska's brands have enjoyed great popularity among Polish consumers. The key to our success was a deep understanding of consumer preferences and emerging trends in the marketplace. The brand portfolio has been refreshed with new brands being launched. Innovative techniques have been used in brand management and trade marketing.

Tyskie
Our flagship brand, Tyskie, has been the undisputed leader among all Polish beer brands by volume and revenue. Tyskie market share at the closing of the financial year stood at ca. 17%. Tyskie has been honored with the most prestigious award in the global beer industry: the Gold Medal and the Champions Award at the Brewing Industry International Awards (held since 1886). Tyskie has repeated its success of 2002 as the winner of these two outstanding awards. The brand has also been the Sponsor of Polish National Soccer Team and the Major Patron of the Polish National Exhibition during EXPO 2005 in Japan. During the summer of 2005 year a series of 45 "biesiady" (feasts) were held across the country with the participation of over 200,000 consumers.

Żubr
Zubr continued to grow rapidly and it now holds market share of 11%. The brand's communication has been linked to the wild bison living in the National Park of Bialowieza (Northern Eastern Poland), which is also supported financially by the brand. Zubr has sponsored other activities linked to the protection of the natural environment as well. Zubr's communication has been adored by millions of Poles for its wit and sense of humor. Innovative marketing techniques used by Zubr included organizing mushroom picking in the forests, which is a popular way of spending free time by many Poles.

Lech
Lech, third best selling brand in KP portfolio, has been very active in sponsoring fun activities like skiing and beach soccer as well as numerous parties and other events. The brand volumes rose by 17% thanks to consistent communications built around the slogan "It will be happening!".

New brands launched in F06
In F06 Kompania Piwowarska also introduced two new brands: Redd's Sun and Lech Free.

Redd's Sun is a citrus-flavored beer, another brand extension complementing two existing ones: original apple-flavored Redd's and Redd's Red, a raspberry-flavored version of the brand (launched in F05). Based on a series of research the new packaging has been introduced to match consumers' tastes and expectations. Thanks to unconventional, vertical logo and untypical label shape, Redd's new packaging is modern and innovative while a unique colour code makes various flavors easy to be found on crowded shop shelves.

The launch of Lech Free has been a response to social changes taking place in Poland. Currently alcohol-free beer segment is relatively small, but its role will increase together with consumer attitude changes - active life styles becoming more popular. Lech brand is consistent in building its image as a modern and innovative brand preferred by discerning, dynamic consumers who value a good time. The new product alcohol contents is below 0,5%. It has an excellent taste, which differentiates the product among majority of other alcohol-free products.

Innovation in trade marketing
The launch of Lech Free has been a response to social changes taking place in Poland. Currently alcohol-free beer segment is relatively small, but its role will increase together with consumer attitude changes - active life styles becoming more popular. Lech brand is consistent in building its image as a modern and innovative brand preferred by discerning, dynamic consumers who value a good time. The new product alcohol contents is below 0,5%. It has an excellent taste, which differentiates the product among majority of other alcohol-free products.

Other brands in KP portfolio
Improvement in sales performance and consumer communication at the point of purchase have been facilitated by a series of merchandising innovations like introducing counter coolers, impulse coolers, open front coolers and special dispensers for faster beer serving etc. as well as implementing standards for the "perfect" beer shop-shelf. Considerable resources have been used to support further upgrading of the sales team competencies and skills through specialized trainings. The research targeted at defining shopper behavior patterns and POSM effectiveness has lead us to acquire the broad knowledge of the beer category, enjoyed by only few FMCG companies operating on the Polish market.

3. FINANCIAL RESULTS

The 12 months to 31st March 2006 were a seventh successive year of outstanding financial results. An excellent operating performance resulted in achieving 12% gross revenue growth (PLN 3.781 billion) and an increase of the net profit of 18% (PLN 570 million). Kompania Piwowarska has also remained one of the top tax contributors in Poland, with total taxes paid in F06 of over PLN 1 billion.

4. INVESTMENT AND ENVIRONMENTAL PROTECTION

Kompania Piwowarska's annual production capacity currently stands at 12.5 million hectoliters. In F06 an investment plan worth PLN 300 million was launched, now in progress. All three our breweries (Tychy, Poznan and Bialystok) are presently undergoing further capacity upgrades.

In January 2006 the brewery in Tychy was granted an integrated permit covering all impacts of our activities over the natural environment (waste, water consumption, waste water, air emissions). In December 2005 Kompania Piwowarska submitted applications for its other two breweries: in Poznan and Bialystok. In March 2006 the breweries in Poznan and Tychy, among the first industrial plants in Poland, were granted a permit to trade allowances for CO2 emission.

5. CORPORATE GOVERNANCE

At the cost of EUR 9 million KP has introduced SAP, a new ERP system, which covers the area of financial and management accounting, fixed asset management, raw materials as well as S&D processes. The system separates all current transactions from analytical and reporting functionalities. The SAP system is the heart of the SARBOX project - the project aimed at KP's compliance with the Sarbanes-Oxley act. SAP enables the majority of transactions covered by the SARBOX project and it ensures all the operations are transparent and financial results are safe from any manipulation. The functionality of SAP makes it possible to automate the great majority of control processes KP is obligated to implement as part of the SARBOX requirements.

6. CORPORATE SOCIAL RESPONSIBILITY

Kompania Piwowarska has supported a social communications effort "ALCOHOL. NO MINORS ALLOWED", a national social campaign organized together with the State Agency for Prevention of Alcohol Related Problems (Panstwowa Agencja Rozwiazywania Problemow Alkoholowych) and Polish Brewers Association (ZPPP Browary Polskie). The campaign has been aimed at reducing the sales of alcohol to persons under the age of 18.

In F06 SABMiller's Alcohol Manifesto and the Marketing Communication Code have been introduced into the daily work of Kompania Piwowarska's employees. Each TV commercial, poster or promotion must be in compliance with the spirit and letter of the Manifesto and the Code. These documents have become the 'law' in all companies within the SABMiller family.

The "GOAL: MANAGER" educational campaign targeted at students has been organized in order to assist the participants in acquiring soft managerial skills. The competition winners have been granted scholarships in Kompania Piwowarska and in other SABMiller companies abroad.

7. SABMILLER PLC FINANCIAL RESULTS FOR F06

Kompania Piwowarska is part of the world's second largest brewing group - SABMiller plc. It has a brewing presence in over 60 countries across five continents and a portfolio of over 120 strong brands and leading market shares in many of the countries in which it has operations. The company is also one of the largest Coca Cola bottlers outside the US.

On May 18th, 2006 SABMiller plc announced its preliminary annual results in London and Johannesburg. In the financial year ended March 31st, 2006, SABMiller plc achieved adjusted profit (before tax) of $2.6 billion, on sales of $15.3 billion.

Statement from Meyer Kahn, Chairman:
"This was another year of good growth in volumes, margins and earnings reflecting the growth profile that the group has built over the years. Our track record reflects well-judged acquisitions and investments, successful integration and subsequent operational improvements.

"It was also a year of strategic progress for the group as it completed the initial turnaround of Miller notwithstanding the challenging market conditions. The group has continued to improve its access to long-term growth markets, establishing a major new platform in South America through the Bavaria transaction, whilst making further significant investments in China, India and Vietnam.

"SABMiller now has a stronger global portfolio of businesses and brands. Looking forward a key focus will be on ensuring that we continue to nurture and build brands which are the first choice of consumers."

SABMiller Europe performance
Europe delivered another excellent performance. Lager volumes were up by 5% on an organic basis and this growth was driven principally by Poland, Romania and Russia. (...) In Russia volumes were up 14%, twice the growth of the market and our Czech beer, Kozel, grew 55% to become the largest licensed brand in Russia. Additional capacity has been installed in Russia and plans are in place to expand the Kaluga brewery's annual capacity to six million hl. Our Czech business increased its market share, and drove strong EBITA margin improvements from production efficiencies. Volumes grew 5% in Romania on an organic basis where we are now expanding capacity, and in Italy our Birra Peroni branded volumes were up 1%, leading to an improvement in profitability.

SABMiller has a brewing presence in 8 European countries: Poland, Czech Republic, Russia, Italy, Romania, Hungary, Slovakia and Spain (Canary Islands).

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Sales results for Q2

Poznań, 02 August 2006

KOMAPNIA PIWOWARSKA'S SALES RESULTS FOR THE SECOND QUARTER OF 2006

IN THE FINANCIAL YEAR F06*, KOMPANIA PIWOWARSKA ENJOYED A VERY GOOD FINANCIAL PERFORMANCE

Sales results in Q2 2006
Kompania Piwowarska domestic sales in Q2 2006 (April to June) amounted to 3.5 m hl - a 12.3 % increase compared to Q2 2005. This was the highest increase of all beer brewers in Poland and reflects a current market share of over 37%.

Sales results for the last six and twelve months
Kompania Piwowarska domestic sales over the last six months (January to June 2006) amounted to 5.8 m hl, representing a 11.6% increase compared to the half of 2005.

The 12 month sales volume (July 2005 to June 2006) was 11.8 m hl an increase over the period 11.1% - ahead of the industry average of 5,4%.

The company also generated very strong increases in exports. In the last quarter, Kompania Piwowarska's exports increased significantly compared to the same period last year. This year's World Cup contributed to this success. June 2006 sales in Germany equaled the total year 2005 sales. Main export destinations include the USA, Canada, Germany, Great Britain and Ireland.

Managing Director commentary
Mark Bowman, the Managing Director of Kompania Piwowarska commenting on the brand portfolio said: "We are very pleased with the overall performance. While we have been assisted by good weather, our brands are performing well as a result of marketing initiatives to create further interest and excitement amongst our consumers.
We need to express our thanks to our staff, distributors and our customers for their ongoing support during what is turning out to be a very busy summer!"

Brand Portfolio

Tyskie: the biggest beer brand in Poland
Tyskie brand is the unquestionable leader in the Polish market. The recent campaign "Hang out the flags and help our team" turned into a spontaneous effort involving millions of fans of the Polish national football team. Tyskie confirmed its position as an extraordinary sponsor of sports, by supporting both the team and its fans. The brand has extended the support of the national team for a further 3 years, and has supported the recruitment of international coach Leo Beenhakker to train the Polish team.

Lech Lite - a new beer category in Poland
In May, Kompania Piwowarska launched the first "lite" beer in Poland, starting an entirely new category on the beer market. Beer with reduced alcohol (3.8%) and calorie content (25% less compared to regular beer) responds to the growing global "health and wellness" trend.

REDD's Sun
A new flavour variant of Redd's - Redd's Sun - was launched to complement the existing apple and raspberry flavours. The new citrus-flavoured beer is an offering for fans of exotic fruit and extraordinary taste sensations. The packaging of the two other Redd's flavour variants (raspberry and apple) has been refreshed.

Peroni Nastro Azzurro
The new international beer brand, successfully launched on the Polish market is the quintessence of the best qualities of Italian style, as expressed in "La Bella figura". Peroni Nastro Azzurro is an intensely refreshing beer, created by brewing malt from the best spring-sown grains of barley mixed with select hops. Supreme quality ingredients and a unique recipe, guarantee an excellent premium lager beer as a result. The launch has been accompanied by a series of exclusive and non-standard events - the minimalist "Peroni Non Shop Boutique", a store where you cannot buy anything but can admire a Peroni bottle on an elegant pedestal and the Peroni Launch Evening, the highlight of which was a presentation of works by the famous Italian photographer Fabrizzio Ferri, who specializes in portraits of stars and celebrities.

Corporate social responsibility
The purpose of a new social campaign - "Warto Być Za" (It's Worth Doing) launched in June is to activate and support non-government organizations that carry out projects targeting people in need. An independent committee of key stakeholders will review projects and select the 10 deemed most deserving. This is the commencement of what is seen as a long term commitment to supporting local communities. In the first phase, selected projects will receive financial support totaling PLN 1.5 m

Kompania Piwowarska - leader of the beer brewing market in Poland
Kompania Piwowarska is the largest beer company in Poland. Several hundred years of experience in beer brewing, state of the art technology and rigorous adherence to World Class Manufacturing standards guarantee premium product quality. The company's brand portfolio includes TYSKIE (the favourite beer in Poland), ŻUBR (second-best selling brand in Poland), LECH, Dębowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog, Miller Genuine Draft and Peroni Nastro Azzurro. Kompania Piwowarska was established in 1999 in a merger of Tyskie Browary Książęce and Lech Browary Wielkopolski. In 2003 Kompania acquired Browar Dojlidy in Białystok.
In the fiscal year ended March 31, 2006, Kompania Piwowarska generated a net profit of PLN 570 m. Sales in the period amounted to PLN 3.8 b

SABMiller - The world's second largest beer brewer
Kompania Piwowarska is part of the world's second largest beer brewer - SABMiller plc. The Group is present in over 60 countries on five continents and its portfolio includes over 120 strong brands (including Pilsner Urquell, Miller Genuine Draft, Peroni Nastro Azzurro and Castle Lager). SABMiller Group is the leader of the beer industry in many countries. SABMiller plc is also one of the largest Coca-Cola bottlers (outside the U.S.) In the fiscal year ended March 31, 2006, SABMiller plc generated an adjusted profit before tax of $ 2.6 b from sales amounting to $ 15.3 b.

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For more information please contact:

Paweł Kwiatkowski
Corporate Affairs Director
KOMPANIA PIWOWARSKA SA
ul. Szwajcarska 11, 61-285 Poznań
Telefon +48 61 66 77 509
Fax +48 61 66 77 850
Tel. kom. +48 601 599 198
pawel.kwiatkowski@kp.sabmiller.com www.kp.pl

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Sales results for Q1

Poznań, 29 April 2005

KOMPANIA PIWOWARSKA S.A. - INDUSTRY LEADER, UNCHALLENGED FOR THREE QUARTERS RUNNING

Nearly 20% growth in sales in the first quarter 2005.
Kompania Piwowarska's sales in the first quarter of 2005 (from 1 January to 31 March) grew 19.8% over the first quarter last year. Sales volume equalled 2.05 mln Hls in the first quarter this year (compared with 1.7 mln hls in the first quarter last year).

This outstanding result confirms KP's position as leader of the brewing industry in Poland, in terms of its market share, which we are estimating at 37.2 % in the first quarter this year. We have thus retained our leading position in the Polish brewing industry for the third quarter in a row beginning in June 2004 r.

The brand portfolio of Kompania Piwowarska includes, among other brands, Tyskie, the most favourite beer brand in Poland, enjoying the biggest market share, as well as Żubr, the second largest brand in terms of sales volume.

Sales performance in the financial year 2004/2005
KP's financial year begins on 1 April and ends on 31 March as it is synchronised with the accounting year of SABMiller. In the past 12 months (i.e. between 1 April 2004 and 31 March 2005), KP sales equaled 10.3 mln Hls. KP's market share equaled 37.5% in that period (according to ZPPP data).

ANOTHER RECORD: 10 MILLION HECTOLITRES

Kompania Piwowarska doubled its size in 5 years!
Exactly on 19 January 2005, Kompania Piwowarska reached a grand landmark in its history exceeding the ceiling of 10 mln Hls in domestic sales of beer within twelve months. This achievement is an unprecedented success: it shows that the company has doubled its sales volume within five years since the year 2000. Several factors contributed to the 100% growth, and these include (a) a growth in the beer market in Poland (24%); (b) acquisition of the Dojlidy brewery in Białystok (15%) and, primarily (c) organic growth of the company (61%).

Dog in the Fog - the funniest beer advertising campaign in history
The brand portfolio of Kompania Piwowarska has recently been enriched with another brand, 'Dog in the Fog'. It is a beer of a noticeably mild taste: an attractive offer for young, adult consumers, male and female, mainly towns inhabitants.

A competitive advantage of this beer is its balanced taste and unique image offering a chance to get free from the daily treadmill and enjoy the world of English humour.This new brand's market launch is accompanied by an unprecedented advertising campaign based on unconventional media (the so-called ambient media), including among other things, flesh mob, i.e. people taking their invisible dogs for a walk. Brand communication related to this beer has been based on a funny English name; it's going to be Poland's funniest beer advertising campaign in history. This unique advertising campaign is using new media in an intensive manner, and these include the internet, special events and PR activities.

SABMiller - the world's second largest beer manufacturer in terms of production volume
Kompania Piwowarska is part of the second largest beer manufacturer in the word, SABMiller plc. The company has its operations in over 40 countries on four continents and manages a portfolio of over 100 strong brands. It enjoys a leading positions in many countries of its operations. SABMiller's annual sales reached the level of 137 mln Hls in the financial year 2003/2004. Excluding the USA, the company is also the world's largest partner of Coca-Cola in packaging its products. In the financial year ended on 31st March 2004, SABMiller generated a net profit of USD 1.4 billion, with its sales worth USD 12.6 billion.

N.B.: The Association of Employers in the Polish Brewing Industry (ZPPP) does not monitor production of the whole brewing industry in Poland. According to ZPPP data total national sales of beer amounted to 27.5 mln Hls in the past 12 months (the above mentioned period).
According to GUS data (the Chief Statistical Office) total sales of beer equalled 29.1 mln Hls, and in view of these data, KP's share may be estimated at 35.4% in the financial year 2004/2005 (April 2004 - March 2005).

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Annual Results Announcement

Poznań, 24 May 2005

KOMPANIA PIWOWARSKA BECOMES THE LEADER OF THE POLISH BREWING INDUSTRY AND DELIVERS STRONG FINANCIAL PERFORMANCE

Sales and market share
Kompania Piwowarska (KP) achieved strong sales growth in the F05 fiscal year (April 2004 to March 2005). Domestic sales volumes amounted to 10.3 million hectolitres, representing growth of 12.6 % (up from just over 9.1 million hectolitres in F04). With the total domestic market estimated at 29.2 million hectolitres, market share amounted to 35.3%, up from 32% in F04.

Kompania Piwowarska has been the leader in the Polish brewing industry since June 2004, and finished the fiscal year with a full-year lead of 1.1% over its nearest rival. In the first quarter of the 2005 calendar year, KP's market share amounted to 35.7%.

The main drivers of this strong growth were innovative marketing, improved channel penetration and superior execution at point of purchase.

Managing Director commentary
"The results of F05 demonstrate that only a true understanding of consumer needs combined with marketing excellence can produce and sustain industry leadership" said Karl Lippert, KP's Managing Director. "But we believe that understanding shoppers and providing the best service to our customers represent the second leg of our success story. Independent surveys have confirmed that KP is recognised as the leader in customer service also.

We are confident of continued growth of the beer market in Poland. Per capita consumption has doubled in the past 10 years, but our neighbours - particularly Germany, Czech and Slovakia - show that there is lots of opportunity left. Economic growth, benefiting so much from EU accession, is also spilling over into private consumption expenditure growth. Greater affluence is bringing more demanding consumers and a taste for superior products - something which we know we already have with our brand portfolio.

F05 produced another year of strong profit growth. At a net profit of PLN 481m, KP has once again significantly outperformed the rest of the industry in terms of profitability.

Leadership is not a number, it is a pattern of behaviour, and we therefore plan to take an active role in shaping the development of the beer market in Poland. We have a capacity investment program amounting to PLN 280 million over the next few years, and we are planning to extend the beer category to draw in more female consumers too. However, most importantly, we believe that constant innovation - in products, packaging and merchandising - is the only way to stimulate growth and development of the market."

Brand portfolio and excellent brand performance
Kompania Piwowarska's brands have continued to satisfy the needs of Polish consumers.

Our flagship brand, Tyskie, is Poland's biggest brand and more than double in size than any other beer brand in the country. The current market share of Tyskie is 17%, in other words over 1 billion Tyskie beers [500 ml] were sold during the past year. The year 2004 was also the 375th anniversary of the Tyskie brand, marked by extensive communication to consumers as well as the opening of the first Brewing Museum in Poland.

In June 2004 the Lech brand was re-launched with a new logo, innovative communication of its new positioning and in green bottles. This resulted in a sharp increase in market share, from around 5% to 7%. Lech was also the official sponsor of the Polish National Team at the Olympic Games in Athens in 2004.

Żubr continued to grow into Poland's second biggest beer brand. Its current market share stands at 8%. The advertising campaign of this brand is another great example of innovative marketing. Brand messages and slogans from the Żubr commercials have become a part of popular vernacular among Poles.

In F05 Kompania Piwowarska also introduced two new brands: Redd's Red and Dog in the Fog. Redd's Red is a raspberry flavoured beer, addressing the needs of consumers who choose to mix beer with raspberry juice. The introduction of the raspberry variant also contributed to growth of Redd's original variant. Dog in the Fog, launched in March 2005, is a new, mixed gender offer, with balanced, smooth taste. The advertising campaign for this brand used unconventional "ambient media", another first for beer marketing in Poland.

Channel performance
Kompania Piwowarska achieved strong sales growth across all retail channels - the modern trade, traditional outlets and the on-trade. Much of this performance is attributed to the increase in our sales force reach, a focus on service relationships and channel investment.

The ongoing improvement of our service to our trading partners and customers across all channels is now widely recognised. According to an independent survey conducted several times a year by Pentor, Kompania Piwowarska's service is rated the best among all brewers by wholesale distributors, the traditional trade and on-premise customers.

Financial results for F05

In every year since its formation in 1999, Kompania Piwowarska has produced strong profit growth and has contributed to the ongoing success of its global parent, SABMiller. The F05 fiscal year was no exception, with gross revenues up 12% and net profits up 9%.

Kompania Piwowarska has also remained one of the top contributors to Poland's fiscus, with total taxes paid in F05 of close to PLN 1 billion.

Capacity and investment
Kompania Piwowarska has a current capacity of 12.5 million hectolitres. The investment plan of PLN 280 million will see our capacity increase by 2.5 million hectolitres to 15 million hectolitres per annum.

Major investment projects include a new returnable bottling line, a warehouse extension and a new brew house and cellars in Białystok, which will increase its capacity to 2.5 million hectolitres within the next two years. This compares to the 0.8 million hectrolitres capacity there at the time of acquisition in May 2003.

In Poznań the installation of a new non-returnable bottling line and gas boilers are being carried out, while investment projects slated for Tychy will include a new high speed can line, a warehouse extension and a new brew house and cellars.

This year will see the opening of two new depots in Koszalin and Warsaw, while two further depots are planned in Lublin and Rzeszów for 2006.

SABMiller plc financial results for F05

Kompania Piwowarska is part of the world's second biggest brewing group - SABMiller plc. It has a brewing presence in over 40 countries across four continents and a portfolio of over 100 strong brands and leading market shares in many of the countries in which it has operations. Annual lager sales reached 148 million hectolitres in the F05 financial year.

The company is also one of the largest Coca Cola bottlers outside the US.

In the financial year ended March 31, 2005, SABMiller plc achieved profits (before tax) of $2.2 billion, on sales of $14.5 billion.

On May 19th, 2005 SABMiller plc announced its preliminary annual results in London and Johannesburg. In a statement, the Chief Executive Officer, Graham Mackay said: "The twelve month period to 31 March 2005 was a third successive year of outstanding performance. Our strong local brands and portfolio of businesses, which are well balanced between established and developing markets, enabled us to leverage both value and volume growth.

Organic lager volumes grew by 4%, twice the historical global industry average growth rate, and EBITA was up 27% (18% organic, constant currency) with double-digit growth from every one of our divisions. Group EBITA margin increased by 160 basis points over the year to 16.6%, while at the same time we grew market shares in each of our major territories.

This strong performance was the result of our programmes to enhance the equity of our brands, to drive positive mix improvements, to continuously improve our sales and distribution execution, and to focus relentlessly upon operational excellence. Our efforts were assisted by benign economic conditions and favourable currency movements".

SABMiller Europe performance
SABMiller Europe operations delivered another excellent year of earnings growth. EBITA increased by 26% (16% organic, constant currency) to $483 million. This performance is particularly impressive following five successive years of double-digit EBITA increases. Organic lager volumes increased by 5%, benefiting from generally favourable economic conditions, continued increases in per capita consumption and improved operational execution. In a statement, SABMiller CEO Graham Mackay said Poland, Russia and Romania performed particularly well, offsetting declines elsewhere in the portfolio.

SABMiller has a brewing presence in 8 European countries: Poland, Czech Republic, Russia, Italy, Romania, Hungary, Slovakia and Spain (Canary Islands).

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Sales results for Q2

Poznań, dn. 27 lipca 2005 r.

Kompania Piwowarska leader of the brewing industry for four quarters in a row now

Sales results for the second quarter of 2005
Kompania Piwowarska's domestic sales in the second quarter of 2005 (April - June) amounted to 3.1 million hectolitres, up on prior year by 12% and the highest among all brewers in Poland. Kompania Piwowarska has now shown undisrupted market leadership in the Polish brewing industry for four quarters in a year.

The outstanding sales growth achieved by Kompania Piwowarska translates into a market share of 35.7%. Market share gains have been substantial, amounting to 2.7% over a period of 12 months.

Sales results for the past 6 and 12 months
Kompania Piwowarska domestic sales over the past six months amounted to 5.15 million hectolitres, up by 15% on prior year, while domestic sales over the past twelve months amounted to 10.63 million hectolitres, also up by 15%. This growth rate is substantially more than the industry growth rate of around 3% in the past twelve months.

Sales results for the past 6 and 12 months
"Our outstanding sales results - says Karl Lippert, Managing Director of Kompania Piwowarska - were the result of superior brand marketing, trade marketing and customer service. We strongly believe that these three pillars of excellence are the basis of our long term success. Of course, superior brand marketing has its roots in superior consumer insight, much as superior trade marketing has its roots in superior shopper insight.

But ultimately, the beer business is a relationship business, and we take pride in our relations with our customers and our consumers. We therefore expect our healthy growth trend to continue."

Customer service excellence

According to independent research conducted by PENTOR, Kompania Piwowarska is the unquestioned leader among all brewers in Poland in the area of service excellence, having achieved the highest levels of customer satisfaction. While we lead in satisfaction ratings overall, we are particularly proud to be rated the best supplier by distributors, traditional retail outlets and the on-trade in Poland.

TOP POLISH BRANDS

Tyskie: The biggest Polish brand

The undisputable leader among all Polish beer brands is Tyskie. Tyskie is also the largest consumer product by revenue, as confirmed by the recent Rzeczpospolita surve.

Tyskie was the Major Patron of the Polish National Exhibition during EXPO 2005 in Japan. A day of Polish Beer was held at the exhibition with participation by the Polish government and the official business delegation. The long line of Japanese visitors in front of the Polish pavilion was further proof that the superb quality of Tyskie beer is recognized by consumers across the globe. Tyskie is exported to the United States, Canada, Germany, the UK and Ireland, reaching a diverse range of consumers.

Poland's biggest consumer brand was present on the global exhibition in Japan, but it is also always close to its consumers in Poland. This summer, a series of 45 "biesiady" events are taking place in cities around the whole country. Participants in "biesiady" this year are expected to exceed 200.000 consumers.

Dog in the Fog: An excellent start
During the past four months, our newest brand, Dog in the Fog, took the market by storm. The unconventional launch campaign was followed by a television and outdoor campaign featuring uniquely English humour. Dog in the Fog reached a share of over 0.7% of the Polish beer market within three months from launch. Dog in the Fog is a very special beer with uniquely balanced, smooth taste.

Lech: A hectic summer
Lech, the third biggest brand in our portfolio, has sponsored Beach Soccer all along the Baltic coast this season. The series of events has helped to reinforce the image of the brand as the favourite among consumers who are active and dynamic, and also favour a healthy life style. Since the launch of Lech in new packaging 12 months ago, the brand has grown strongly.

Kompania Piwowarska - The industry leader in Poland
Kompania Piwowarska is the biggest and the most profitable company in the brewing industry in Poland. Several hundred years of brewing experience, modern technology and rigorous adherence to World Class Manufacturing guarantee the uncompromising quality of our products.Our brand portfolio includes: TYSKIE, the best selling beer brand in Poland, ZUBR, LECH, Dębowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog and Miller Genuine Draught. Kompania Piwowarska was established in 1999 as a result of the merger of Tyskie Browary Książęce and Lech Browary Wielkopolski. In 2003, the company acquired Browar Dojlidy.

In the financial year ended on 31 March 2005, Kompania Piwowarska achieved a net profit of PLN 481 million on sales revenue of more than PLN 3.3 billion.

SABMiller - The second biggest global brewer
Kompania Piwowarska is part of the world's second biggest brewing group - SABMiller plc. It has a brewing presence in over 44 countries across five continents and a portfolio of over 100 strong brands and leading market shares in many of the countries in which it has operations. Annual lager sales reached 148 million hectolitres in the financial year ended on 31 March 2005.
Recently SABMiller has announced its merger with Colombia based "Bavaria", the second biggest brewer in South America. SABMiller is also one of the largest Coca Cola bottlers outside the US.
In the financial year ended on 31 March 2005, SABMiller achieved profits (before tax) of $2.2 billion, on sales of $14.5 billion.

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Sales results for Q3

Poznań, 26 October 2005

Komapnia Piwowarska's sales results for the third quarter of 2005

KOMPANIA PIWOWARSKA Poland's leader in sales, growth, service and profitability The world's leader in quality

TYSKIE PROCLAIMED THE BEST BEER IN THE WORLD
Kompania Piwowarska has been honoured with the most prestigious award in the global beer industry: the Gold Medal and the Champions Award at the Brewing Industry International Awards. Tyskie, the leading brand in Poland, has repeated its success from 2002 as the winner of two outstanding awards - the Gold Medal for the best beer in the lager category with alcohol content of 5.6-6.9% and the Champions Award, the Grand Prix for the best lager beer overall.

The Brewing Industry International Awards have been organized since 1886, and awards granted in the competition are often dubbed the Oscars of the Brewing Industry by professional brewers. This year over 750 beers from all over the world entered the competition. For the first time in the 119 year history of this event, the judging moved outside the UK (Burton-on-Trent) to take place during DRINKTEC 2005, World Fair for Beverage Technology in Munich. As usual, the adjudication was performed by a team of 30 judges from all over the world - head brewers, production executives and quality experts.

ELEVEN MILLION HL - ANOTHER RECORD FOR THE POLISH BEER INDUSTRY
More and more consumers are choosing Kompania Piwowarska brands - the ultimate proof of the supremacy of its products and marketing efforts. Kompania Piwowarska is the first Polish beer producer whose domestic sales over any 12 month period exceeded the mark of 11 million hectolitres of beer (equivalent to 2.2 billion half-litre beers). It reached this record in the last twelve months (October 2004 to September 2005); with new production output records being set in all three of its breweries - Poznań, Tychy, and Białystok - as well. In the year before (October 2003 to September 2004), Kompania Piwowarska sales amounted to 9.7 million Hl.

NEW HIGHS IN SALES AND MARKET SHARE
The summer of 2005 proved to be enormously successful for Kompania Piwowarska, resulting in the following sales and market share milestones (based on GUS statistics)

In the past three months:

• Domestic sales amounted to 3.6 million Hl, up on prior year by 11.5%;

• Market share increased to 38.5%, up on prior year by 2.5%;

• The lead in market share over the nearest competitor increased to 5.4%.

In the past six months:

• Domestic sales amounted to 6.7 million Hl, up on prior year by 11.7%;

• Market share increased to 36.8%, up on prior year by 2.3%;

• The lead in market share over the nearest competitor increased to 4%.

These results not only make Kompania Piwowarska the leading brewer in Poland, but also the fastest growing brewer.

Exports have been growing strongly too. Within the last six months, Kompania Piwowarska exports increased by 70%, with Tyskie representing more than two thirds of these export sales. Its exports are targeted mainly at consumers in the USA, Canada, UK and Germany.

MANAGING DIRECTOR COMMENTS
"One of SABMiller's hallmarks is its relentless pursuit of excellence, in every sphere of its endeavours", says Karl Lippert, Managing Director of Kompania Piwowarska (since 2003). "However, our strongest focus is on customers and consumers, which is why SABMiller has become one of the largest and most successful brewing companies in the world."

"The SABMiller culture is as strong in Poland as anywhere else. We are relentless in our pursuit of improvement in all aspects of our business. You can see that in the key areas of consumer marketing, customer service, productivity and product quality. In all these areas, we are the leaders in our industry. We celebrate this, but we are not standing still - we are a restless bunch, always striving for improvement."

"There are also development areas that are not immediately visible to the outside world, such as management practices and people processes. We are serious in our commitment to our employees, their management and development and our internal culture. Kompania Piwowarska is already great place to work - we now want to become the best employer in the country."

INVESTMENT IN PRODUCTION CAPACITY
Kompania Piwowarska's production capacity currently stands at 12.5 million Hl per year - 5.6 million Hl in Poznań, 5.5 million Hl in Tychy and 1.4 million Hl in Białystok. However, all three breweries are being upgraded in terms of capacity and capabilities.

During the current fiscal year, Białystok is undergoing substantial upgrades - a new brewhouse and cellars, a new 60,000 bottle per hour returnable bottling line and a new warehouse. This will bring Białystok's capacity to 2.3 million Hl per year (at the moment of the acquisition in 2003 its capacity stood at 800,000 Hl level). A new 60,000 bottle per hour non-returnable bottling line is being installed in Poznań, which is also converting to environmentally friendly gas boilers.

The Tychy brewery will be the focus of capacity expansion next year, with a new 100,000 can per hour canning line and a warehouse extension. A decision regarding a new brewhouse and cellars in Tychy will be taken shortly.

The combined value of this investment program exceeds PLN 300 million.

Kompania Piwowarska - The industry leader in Poland
Kompania Piwowarska is the biggest and the most profitable company in the brewing industry in Poland. Several hundred years of brewing experience, modern technology and rigorous adherence to World Class Manufacturing principles guarantee the uncompromising quality of its products. Its brand portfolio includes: TYSKIE, the favourite beer of Poland, ZUBR, LECH, Dębowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog and Miller Genuine Draft. Kompania Piwowarska was established in 1999 as a result of the merger of Tyskie Browary Książęce and Lech Browary Wielkopolski. In 2003, the company acquired Browar Dojlidy. In the financial year ended on 31 March 2005, Kompania Piwowarska achieved a net profit of PLN 481 million on sales revenue of more than PLN 3.3 billion.

SABMiller - The second biggest global brewer
Kompania Piwowarska is part of SABMiller plc, one of the world's largest brewers with operations in more than 40 countries. Last year SABMiller sold over 187 million hectolitres of beverages, producing and marketing over 150 beer brands. These include such international names as Pilsner Urquell, Miller Genuine Draft, Peroni Nastro Azzurro and Castle Lager as well as major regional brands such as Miller Lite, Snow and Tyskie. In addition to beer, SABMiller also owns Appletiser, the international sparkling fruit juice brand, and is one of the world's largest bottlers of Coca-Cola products outside the US. In the financial year ended on 31 March 2005, SABMiller achieved profits (before tax) of $2.2 billion, on sales of $14.5 billion. Recently SABMiller has announced its merger with Colombia based "Bavaria", the second biggest brewer in South America.

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Sales results for Q4

Poznań, 1 February 2006

KOMPANIA PIWOWARSKA, increasing its lead in the beer industry in Poland

1. SALES RESULTS IN 4TH QUARTER OF 2005 AND IN 12 MONTHS OF 2005

The last quarter of 2005 (1 October - 31 December 2005) was exceptionally successful for Kompania Piwowarska, with beer sales and market share amounting to 2.48 million hectolitres (Hl) and 38.3% respectively. These results represent sales growth of 9.5% against the same period last year.

During the twelve months of 2005 (1 January - 31 December) Kompania Piwowarska beer sales exceeded 11.2 million Hl. This is another record result - no Polish beer producer has ever before reported sales of over 11 million Hl within a calendar year. KP managed to achieve 12.6% growth in sales for the full year (KP sales in 2004 were 9.96 million Hl), which is two and a half times industry growth of 5.1%.

2. MARKET SHARE IN 12 MONTHS OF 2005

KP's market share for the 2005 calendar year amounted to 37.1%, an increase of 2.5% over 2004 (2004 market share was 34.6%). This was the second consecutive year that KP's market share increased by 2.5% (the same increase in market share [2.5%] was reported in 2004).

Kompania Piwowarska has been the market leader since June 2004, although the final, full year result in 2004 was behind that of its main competitor by 0.1%. However, throughout the past year, KP extended its lead, resulting in a full year lead in 2005 of 3.8%.

Exports have been growing strongly too. Within the last six months, Kompania Piwowarska exports increased by 95%, with Tyskie representing more than two thirds of these export sales. Its exports are targeted mainly at consumers in the United States, Canada, Germany, the UK and Ireland.

3. MAJOR ACHIEVEMENTS IN 2005

Kompania Piwowarska achieved many successes during the 2005 calendar year. The following list highlights some of these major milestones:

Dog in the Fog launch
In 2005 Kompania Piwowarska successfully launched the new brand "Dog in the Fog"; a beer of a noticeably smooth taste, being an attractive offer for young, adult consumers, male and female, with a sense of humour. The launch included innovative advertising and PR campaigns.

Financial results for F05
In May 2005 Kompania Piwowarska announced its financial results for the financial year F05 (April 2004 - March 2005), with reported net profit of PLN 481 million on sales revenue of more than PLN 3.3 billion. This made KP the most profitable beverage company in Poland.

Customer service excellence
According to independent research conducted by PENTOR, Kompania Piwowarska has been named the unquestioned leader among all brewers in Poland in the area of service excellence, having achieved the highest levels of customer satisfaction. While we lead in satisfaction ratings overall, we are very proud to be rated the best supplier by distributors, retail chains, traditional retail outlets and the on-trade in Poland.

Tyskie as a national icon
Tyskie was the Major Patron of the Polish National Exhibition during EXPO 2005 in Japan. A day of Polish Beer was held at the exhibition with participation by the Polish government and the official business delegation. The long line of Japanese visitors in front of the Polish pavilion was further proof that the superb quality of Tyskie beer is recognized by consumers across the globe. At the same time a series of 45 "biesiady" events took place in cities across Poland. Participants in "biesiady" this year exceeded 200,000 consumers.

Tyskie proclaimed the best beer in the world
Tyskie, the most popular Polish brand, has been honoured with the most prestigious award in the global beer industry: the Gold Medal and the Champions Award at the Brewing Industry International Awards. Tyskie has repeated its success of 2002 as the winner of these two outstanding awards. The Brewing Industry International Awards have been organized since 1886.

Investments in capacity expansion
Kompania Piwowarska's annual production capacity currently stands at 12.5 million Hl. In 2005 an investment plan worth PLN 300 million was executed. All three our breweries (Tychy, Poznan and Białystok) are presently undergoing further capacity upgrades.

MANAGING DIRECTOR COMMENTS (*)

(*) Kompania Piwowarska's Managing Director, Karl Lippert, was appointed last week as President of Bavaria SA, the Colombian subsidiary of SABMiller's recent acquisition in South America. Karl Lippert will take over this position on February 13th, 2006.

"Last year was a tremendously successful period in the history of Kompania Piwowarska, a period where the people of KP demonstrated their awesome capabilities. The wonderfully talented people of KP have helped us become the most admired brewing company in Poland, excelling at every aspect of its operation. It is their passion and support that have delivered these superb sales results, our exceptional marketing, our ever improving customer service, our world class production and our high level of corporate social responsibility, all of which have served our customers and consumers, our suppliers, our shareholders, and the communities in which we operate.

I believe the future growth of both Kompania Piwowarska and the brewing industry in Poland will depend on further changes in Polish society: evolving lifestyles, infrastructure modernisation and urban development and stronger integration into the European Union. The ability of the brewing industry to demonstrate its corporate social responsibility and its engagement with important social issues, are inextricably linked with its future success."

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More information:

Paweł Kwiatkowski
Corporate Affairs Director
KOMPANIA PIWOWARSKA SA
ul. Szwajcarska 11, 61-285 Poznań
Telefon +48 61 66 77 509
Fax +48 61 66 77 850
Tel. kom. +48 601 599 198
pawel.kwiatkowski@kp.sabmiller.com www.kp.pl

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Sales results for Q2

Poznań, 3 August 2004

We are the champions!

Hard work of KP's employees has been rewarded with the company's biggest sales dynamics (102 %) among the three top beer market players in the second quarter of 2004, the biggest dynamics in the first six months of 2004 (102.86 %). You can see how we are growing.

Despite the cold weather and rain, high excise tax and increased limits on importing beer from abroad after Poland's accession to the European Union, Kompania Piwowarska's sales keep growing. In May - a month cursed by the whole beer industry, producers of cold beverages, ice-creams and tourist operators, Kompania Piwowarska reached its historically highest performance. What is more, in the second quarter of 2004, at the threshold of a cold and testing summer, our company' sales growth proved the biggest in the industry. When compared with the second quarter 2003, sales grew by as much as 2 %. At the same time the other breweries suffered a decline in sales.

This outstanding performance affected the company's position in the first six months of 2004 when it also proved the most dynamic brewer. KP sold 2.86 % more beer than in the first six months of 2003.
This success results from a consistent marketing strategy, comprising, among other things, investment in the distribution network and merchandising as well as a conservative price policy and a detailed marketing communication strategy.

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Sales results for Q3

Poznań, 28 October 2004

Kompania Piwowarska achieves growth of 16.2% in q3 and industry leadership

Sales results for the third quarter 2004.
Kompania Piwowarska's sales in the third quarter of 2004 (July - September) were up on the same quarter last year by an exceptional 16.2%. With sales of over 3,2 million hectolitres, Kompania Piwowarska earnt itself the leadership position in the brewing industry in Poland.

Kompania Piwowarska is also the unchallenged industry leader in terms of financial performance. During the past financial year, ended 31 March 2004, the company achieved net profits of over PLN 440 million.

Top Polish brands
The company believes that its focus on consumers and brands is paying off. Tyskie, the biggest beer brand in Poland and one of the top brands in Europe, continues to occupy the top spot with market share of 14,7% (according to AC Nielsen, September). The brand has been supported throughout the year with the 375th anniversary campaign.

Investments
Investments in capacity, which now stands at 12,5 million hectoliters, have continued. The latest project, announced recently, is the new, 60.000 bottle per hour bottling line for the Białystok brewery, whose capacity now stands at 1.4 million hectolitres. The project cost amounts PLN 46 million, which excludes a further extension of the brewery's warehousing.

SABMiller - The Second Biggest Global Brewer
Kompania Piwowarska is part of the world's second biggest brewing group - SABMiller plc. It has a brewing presence in over 40 countries across four continents and a portfolio of over 100 strong brands and leading market shares in many of the countries in which it has brewing operations. Annual sales reached 137 million hectoliters in the 2003/4 financial year.
The company is also one of the largest Coca Cola bottlers outside the US. In the financial year ended March 31, 2004, SABMiller plc achieved net profits of $1,4 billion on sales of $12,6 billion.

The Managing Director of Kompania Piwowarska, since June 2003, is Karl Lippert (43), born in Namibia, formerly responsible for Sales and Distribution of SABMiller's European operations and the Managing Director of the Hungarian brewer Dreher Sörgyarak Rt, also part of SABMiller.
He has been with SABMiller since 1992.

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Sales results for Q4

Poznań, 20 January 2004

Kompania Piwowarska - Industry Leader since June 2004

SALES RESULTS Sales results for the fourth quarter of 2004
Kompania Piwowarska's sales in the fourth quarter of 2004 (October - December) were up on the same quarter of the prior year by 12.9%.

With sales of 2,267 million hectolitres, Kompania Piwowarska reported the biggest volumes of beer sold to domestic customers among all beer companies in Poland. This achievement puts Kompania Piwowarska in the leadership position for the second consecutive quarter of the 2004 calendar year.

The outstanding sales growth achieved by Kompania Piwowarska translates into a market share of 38.9% in the fourth quarter of 2004 year alone.

Sales and Market Share in 2004
Kompania Piwowarska's domestic sales (excluding exports) in the twelve months of 2004 amounted to 9,96 million hl, up on last year by 9.1% (in 2003 we sold 9.13 mln hl).

Kompania Piwowarska's is proud to hold 36,4 % market share of the Polish beer market in 2004.
"Our outstanding sales results during the second half a year of 2004 - says Karl Lippert, Kompania Piwowarska's Managing Director - were impressive, and we have shown our new market leadership to be sustainable. We expect to continue our growth and our market share, because our growth is driven by our portfolio of healthy brands, which are valued by the discerning Polish consumers. Our portfolio contains three of the top five brands in Poland: Tyskie, Zubr and Lech. We also have an extraordinary team of skilled and motivated employees, without whom such success would be impossible reach."

The year 2004 was an exciting period for the management and all Kompania Piwowarska employees. We started 2004 with a 33% market share and managed to grow this to over 36%. The company has also been named one of the nineteen 'Pillars of Polish Economy', i.e. business leaders, playing key roles in Polish economy, in the recognized ranking list published by "Puls Biznesu".

TOP POLISH BRANDS Tyskie the Biggest Polish Brand
During the past six months we concluded an unprecedented Tyskie 375 years anniversary campaign, consisting of an unforgettable "historical" TV commercial series, a massive outdoor campaign and a unique consumer roadshow of 50 "Biesiady Tyskie" across the whole country. Tyskie, the biggest beer brand in Poland and one of the top brands in Europe, continues to occupy the top spot with market share of 14.3% (according to AC Nielsen, 4Q).

According to findings of the research agency SMG KRC, Tyskie is rated the best Polish beer by more consumers than for any other brand. Tyskie was rated by over 33% of Polish beer consumers as the best Polish beer in August 2003. That figure increased to over 35 % in August 2004.

Growing Market Share: Żubr and Lech
We also experienced strong growth of Żubr, which is now the 2nd biggest brand in Poland, and is available to consumers across the whole country. The performance of Lech, which was re-launched in the early summer, has exceeded our expectations. Consumers responded enthusiastically not only to the beer's refreshing taste but also to the new logo, green bottle and witty communication campaign. It is now the beer of choice for young adults that live an active life.

Awards for Excellence in Marketing
The biggest beer brand in Poland is managed by the most seasoned brand managers in Poland. Their extraordinary achievements were recognized several times during 2004. The five-episode series of unforgettable "historical" commercials won a prize in the category of "spot campaign" in the Złote Orły ('Gold Eagles') competition. This award came right after another spectacular success: the EFFIE AWARD in the "Long-Term Campaigns" category for Tyskie advertisements in the "Ireland, Belgium, Scotland" series. Another successful brand, Zubr, was awarded the Grand Prix in the same competition (in "advertising alcoholic beverages" category). Tyskie and Żubr brand teams have been also awarded the internal SABMiller "MERCATUS AWARD" for excellence in marketing.

Successful New Brand Launch
Kompania Piwowarska's brand management takes pride in being the best in understanding and addressing consumer needs. Consequently, Kompania Piwowarska recently launched Redd's Red: a unique beer, which tastes just like the all-familiar beer mixed with a twist of raspberry juice.

INVESTMENTS

One of our major investment projects during 2004 was the increase in capacity at our brewery in Białystok. This included an increase in brewing capacity and will conclude with the installation of a new bottling line (with 60,000 bottles per hour capacity). The bottling line project cost amounts to PLN 46 million.

Other investment projects included the construction of a new warehouse in Białystok and an additional office building in Poznań, the renovation of the historical buildings complex in Tychy and further brewing capacity in Poznań and Tychy breweries. Total investments amounted to some PLN 180 million.

CORPORATE SOCIAL RESPONSIBILITY

The Patron of Culture
We are a performance driven company. However we also treat our social responsibilities seriously, generously donating to sports, culture and arts. In recognition of our achievements in addressing these responsibilities, the Minister of Culture presented Kompania Piwowarska with the Patron of Culture Award in the Sponsorship Category in 2004, the highest distinction for companies, institutions and individuals in recognition for supporting culture in Poland.

Alcohol Responsibility Campaign
Kompania Piwowarska was also one of initiators and main source of financial support for the second national alcohol awareness campaign: "ALCOHOL - NO MINORS ALLOWED!". The purpose of the campaign is to address the issue of alcohol sold to minors. It is organized by the Związek Pracodawców Przemysłu Piwowarskiego - Browary Polskie (Polish Brewing Industry Association) and Państwowa Agencja Rozwiązywania Problemów Alkoholowych (the State Agency for Prevention of Alcohol-Related Problems).

THE BREWING MUSEUM

The year 2004 marked not only the 375th Tyskie Brewery anniversary, but also the 70th anniversary of the City of Tychy. On that occasion Kompania Piwowarska carefully renovated one of the historic buildings in Tychy and handed it over to the people of Tychy as a "birthday gift", to house the City Museum. Next to the City Museum is Poland's first Brewery Museum, opened in November 2004. It is located in the neo-gothic chapel dating back to 1902. The exhibition includes documents, pictures, beer mugs, bottles and other items as well as numerous multimedia. Among them is the only non-commercial 3D cinema in Poland, showing the documentary about the rich tradition of the Tyskie Brewery and the Tyskie brand.

BEST EMPLOYEE MAGAZINE

For the second year in a row, Kompania Piwowarska's internal magazine "Świat Piwa" has been named the Best Employee Magazine in Poland by a team of independent jurors - experts and professionals in corporate communication, graphics and journalism. By winning the competition, Świat Piwa has maintained its position as the benchmark for other employee publication across the country.

SABMiller - The Second Biggest Global Brewer

Kompania Piwowarska is part of the world's second biggest brewing group - SABMiller plc. It has a brewing presence in over 40 countries across four continents and a portfolio of over 100 strong brands and leading market shares in many of the countries in which it has brewing operations. Annual sales reached 137 million hectoliters in the 2003/4 financial year. The company is also one of the largest Coca Cola bottlers outside the US. In the financial year ended March 31, 2004, SABMiller plc achieved net profits of $1,4 billion on sales of $12,6 billion.

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Annual Results Announcement

Poznań, 25 March 2004

Sales results for April 2003 - March 2004

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For further information, please contact:

Paweł Kwiatkowski
Press Spokesman
KOMPANIA PIWOWARSKA SA
ul. Szwajcarska 11, 61-285 Poznań
Telefon +48 61 66 77 509
Fax +48 61 66 77 850
Tel. kom. +48 601 599 198
pawel.kwiatkowski@kp.sabmiller.com www.kp.pl

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