ANHEUSER-BUSCH INBEV SA/NV - Dividend - revised calculation

Dividend - revised calculation

Anheuser-Busch InBev SA/NV
(Incorporated in the Kingdom of Belgium)
Register of Companies Number: 0417.497.106.
Euronext Brussels Share Code: ABI
Mexican Stock Exchange Share Code: ABI
NYSE ADS Code: BUD
JSE Share Code: ANB
ISIN: BE0003793107
(“AB InBev” or “the Company”)

DIVIDEND - REVISED CALCULATION

Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE
Limited (“JSE”) on Wednesday, 4 May 2016 relating to the dividend payable to shareholders whose shares are
held through Central Securities Depository Participants (“CSDP’s”) and brokers traded on the JSE.

The gross dividend per ordinary share is 3356.60 SA cents. Belgian Withholding Tax at the rate of 27%
(equalling 906.28200 SA cents per ordinary share) will be withheld from the gross dividend paid to
shareholders. After the Belgian Withholding Tax has been withheld, the net dividend will be 2450.31800 SA
cents per ordinary share.

The payment of the dividend will be subject to South African Dividends Tax (unless a shareholder qualifies for
an exemption) at the rate of 15%. Any shareholder which receives a dividend which is subject to South African
Dividends Tax (i.e. where no exemption is available) will qualify for a full rebate of South African Dividends
Tax. The net result is that any dividend will ultimately only be subject to Belgian Withholding Tax at the rate of
27% (as above).

For the avoidance of doubt, the information provided above is only relevant to shareholders whose shares are
held through CSDPs and brokers and are traded on the JSE.

Please direct any queries to the Company’s Transfer Secretaries in South Africa:
Computershare Investor Services (Pty) Limited
70 Marshall Street
Johannesburg 2001
Postal Address – PO Box 61051
Marshalltown 2107
Telephone +27 11 370 5000
Facsimile +27 11 688 5200
Email enquiries: web.queries@computershare.co.za


6 May 2016
Sponsor: Deutsche Securities SA Proprietary Limited

Date: 06/05/2016 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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