Print Page | Close Window

SABMiller PLC - Investment in Colombia

RNS Number:0875I
25 August 2006

         SABMiller plc to invest $175 million in new Colombian brewery

London and Johannesburg, 25 August 2006: SABMiller plc, one of the world's
leading brewers, today announces that its Colombian subsidiary Bavaria will
invest US$175 million in a new brewery in Yumbo, on the outskirts of Cali in
western Colombia, to keep pace with growing demand in the region.

The new brewery, which will become operational in late 2007, will have an
initial capacity of 3.5 million hectolitres, increasing to 4.5 million
hectolitres by 2009.  It replaces an existing 1.3 million hectolitre facility in
the centre of Cali, which is almost 80 years old and is on a site which cannot
be expanded.

The new plant, which will be built to a high technological specification, is
expected to be world class in quality and productivity, setting a benchmark for
other breweries in South America.  It is anticipated that the investment will
provide employment for some 200 people and will include two new bottling lines,
a keg plant and a new can line from 2009.

Commenting on the new investment, Karl Lippert, the president of Bavaria, said:

'We are confident in the Colombian economy and, importantly, in the support of
our consumers. The western parts of Colombia have had to be supplied to a large
extent from our Bogota and Medellin breweries, and this move will allow us
finally to catch up with the growing demand in this part of the country. A new
brewery such as this is also a great opportunity to take steps forward in
production techniques, quality, ergonomics and environmental care, to the
benefit of our consumers and our other stakeholders.'


Notes to editors:


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

In the year ended 31 March 2006, the group reported US$15,307 million in
revenues and profit before tax of US$2,453 million. SABMiller plc is listed on
the London and Johannesburg stock exchanges.

Bavaria S.A.

Bavaria S.A. is Colombia's leading beverage company.  Its brands Aguila, Aguila
Light, Poker, Costena, Pilsen, Club Colombia, Brava, Costenita, Pony Malta, Agua
Brisa, Tutti Fruti, Malta Leona, Cola y Pola, are leaders in Colombia.

This announcement can be found on

High resolution brand images are available for the media to view and download
free of charge from


                                SABMiller plc                            Tel: +44 20 7659 0100

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

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

James Crampton                  Media Relations Manager                  Tel: +44 7795 208158

                                Bavaria S.A.
Maria Clara Gracia Buitrago     Director of Media Relations and          Tel:
+57-1-638 9290 - Bogota
                                Corporate Identity

This announcement does not constitute an offer to sell or issue or the
solicitation of an offer to buy or acquire securities of SABMiller plc (the
'Company') or any of its affiliates in any jurisdiction or an inducement to
enter into investment activity.

This document includes 'forward-looking statements'.  These statements may
contain the words 'anticipate', 'believe', 'intend', 'estimate', 'expect' and
words of similar meaning.  All statements other than statements of historical
facts included in this announcement, including, without limitation, those
regarding the Company's financial position, business strategy, plans and
objectives of management for future operations (including development plans and
objectives relating to the Company's products and services) are forward-looking
statements.  These forward-looking statements involve known and unknown risks,
uncertainties and other important factors that could cause the actual results,
performance or achievements of the Company to be materially different from
future results, performance or achievements expressed or implied by such
forward-looking statements.  These forward-looking statements are based on
numerous assumptions regarding the Company's present and future business
strategies and the environment in which the Company will operate in the future.
These forward-looking statements speak only as at the date of this announcement.
The Company expressly disclaims any obligation or undertaking to disseminate
any updates or revisions to any forward-looking statements contained in this
announcement to reflect any change in the Company's expectations with regard
thereto or any change in events, conditions or circumstances on which any such
statement is based.

Any information contained in this announcement on the price at which the
Company's securities have been bought or sold in the past, or on the yield on
such securities, should not be relied upon as a guide to future performance.

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


Share price data provided by vwd group & financial data provided byMorningstar.