09 January 2002

Interbrew on target

Despite the impact of 11 September, Interbrew believes to be on target to achieve its full year growth objectives. For the year 2001 Interbrew aims at an organic EBITDA growth of at least 8 percent and a growth in EPS before goodwill amortisation of at least 12 percent. This optimism is based on trading results for the first nine months of this year. Compared with the period last year and excluding Bass Brewers, both volume and net turnover were up 18 percent and 28 percent respectively. EBITDA grew 12 percent to 924.1 million Euro. Organic growth of operating profit was 14 percent, organic volume growth 2.8 percent. During the first nine months of 2001 Interbrew produced 56.1 million hl of beer and a net turnover of 4.5 billion Euro. Trading in emerging markets, i.e..

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