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SAB - SABMiller plc - Altria financial data disclosure

Release Date: 27/10/2011 14:30
Code(s): SAB
Wrap Text

SAB - SABMiller plc - Altria financial data disclosure JSEALPHA CODE: SAB ISSUER CODE: SOSAB ISIN CODE: GB0004835483 SABMiller plc Altria Financial Data Disclosure 27 October 2011 Today, Altria Group, Inc. (Altria) has released its results for the fiscal nine month period and the fiscal quarter ended 30 September 2011. Altria`s results include a reference to earnings for the quarters and nine month periods ended 30 September 2011 and 2010 from Altria`s 27.1% economic and voting investment in SABMiller plc, expressed in US GAAP at prevailing exchange rates. The amount disclosed for the nine month period ended 30 September 2011 is US$552 million (nine month period ended 30 September 2010: US$437 million). The amount disclosed for the quarter ended 30 September 2011 is US$208 million (quarter ended 30 September 2010: US$186 million). Investors should note that these financial results are derived from management accounts, have not been audited, and may be subject to change. There are a number of differences concerning the timing of recognition of results as well as differences relating to the treatment of exceptional items, the definition of the US GAAP statutory earnings as reported by Altria compared to SABMiller`s results as reported under IFRS, as well as the inclusion within Altria`s earnings of gains on the dilution of Altria`s investment in SABMiller following the issue of new SABMiller shares pursuant to share option exercises. John Davidson General Counsel and Group Company Secretary 27 October 2011 Date: 27/10/2011 14:30:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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