Planet Of Beer

SABMiller plc (SAB.L) and Molson Coors Brewing Company (NYSE: TAP; TSX) today announced the MillerCoors leadership team. As previously announced, Leo Kiely, current CEO of Molson Coors, will be the CEO of MillerCoors; Tom Long, current CEO of Miller Brewing Company, will serve as President and Chief Commercial Officer; Tim Wolf, current CFO of Molson Coors, will be the Chief Integration Officer; and Gavin Hattersley, current Senior Vice President of Finance at Miller, will be the Chief Financial Officer.

In addition, the following appointments to the MillerCoors leadership team will become effective upon the closing of the transaction, which is expected to take place June 30, 2008.
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Enschede, Netherlands (May 2008) - SABMiller plc announces that it has reached agreement in principle with Anheuser-Busch to transfer the US importation rights for the Grolsch brand to SABMiller’s subsidiary, Miller Brewing Company. The transfer is subject to the negotiation of definitive legal agreements which the parties expect to be finalised in the next few weeks. The financial terms of the transfer are not being disclosed.

Anheuser-Busch acquired the US distribution rights to the Grolsch brand in February 2006, prior to SABMiller’s subsequent acquisition of the Dutch brewer Royal Grolsch N.V. which was completed in February 2008. In 2007, Grolsch imports into the US grew to approximately 215,000 hectolitres*.
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