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SAB - SABMiller plc - Altria financial data disclosure

Release Date: 26/04/2012 14:30
Code(s): SAB
Wrap Text

SAB - SABMiller plc - Altria financial data disclosure SABMiller plc JSE ALPHA CODE: SAB ISIN CODE: SOSAB ISIN CODE: GB0004835483 23 April 2012 Altria Financial Data Disclosure Today, Altria Group, Inc. (Altria) has released its results for the fiscal quarter ended 31 March 2012. Altria`s results include a reference to earnings for the quarters ended 31 March 2012 and 2011 from Altria`s 27.0% economic and voting investment in SABMiller plc, expressed in US GAAP at prevailing exchange rates. The amount disclosed for the quarter ended 31 March 2012 is US$178 million (31 March 2011: US$189 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 accounting treatment of share-based payments, 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 26 April 2012 Date: 26/04/2012 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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