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SABMILLER PLC - Amendments to the 6.625% Guaranteed Notes due August 15, 2033

Release Date: 12/08/2016 15:45
Code(s): SAB     PDF:  
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Amendments to the 6.625% Guaranteed Notes due August 15, 2033

SABMiller plc
JSEALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483

                                                                                 12 August 2016

                                            SABMiller plc
                                          (the "Company")

                                   Amendments to the
         $300,000,000 of 6.625% Guaranteed Notes due August 15, 2033 (the "Notes")
               Rule 144A Note CUSIP No. 78572MAA3 / ISIN US78572MAA36
              Regulation S Note CUSIP No. G77395AA2 / ISIN USG77395AA27


On 4 August 2016, SABMiller plc announced the commencement of a consent solicitation relating
to the Notes as described in a solicitation statement (the "Solicitation Statement") issued to
holders of the Notes on that day. The Company sought a consent to certain amendments and
waivers in respect of the fiscal and paying agency agreement (the "Fiscal and Paying Agency
Agreement"), as amended, between the Company, MillerCoors LLC (the "US Guarantor"),
SABMiller Holdings Inc. (the "Successor US Guarantor") and The Bank of New York Mellon, as
Fiscal Agent, pursuant to which the Notes were issued and the terms and conditions of the Notes.

Valid consents were delivered and not revoked in respect of a majority of the aggregate principal
amount of the Notes outstanding thereby approving the proposed amendments and the
Company, the US Guarantor, the Successor US Guarantor and The Bank of New York Mellon
entered into a supplemental fiscal and paying agency agreement on 12 August 2016, upon which
the proposed amendments became effective. The proposed amendments to the Fiscal and
Paying Agency Agreement and the terms and conditions of the Notes, among other things, (1)
designated the Successor US Guarantor as the “US Guarantor” under the Notes and released
MillerCoors LLC from its additional amounts guarantee, and (2) added a covenant to the terms
and conditions of the Notes requiring the Company to take commercially reasonable efforts to
register the Notes under the U.S. Securities Act of 1933, as amended, within six months of the
date on which the ABI Transaction (as defined in the Solicitation Statement) is consummated (as
determined in the sole discretion of the Company).


SABMiller plc

+44 (0) 1483 264 000

David Mallac
Group Treasurer
SABMiller plc

Philip Learoyd
Head of Funding and Risk Management
SABMiller plc

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 or any of its affiliates in any jurisdiction or an
inducement to enter into investment activity.

About SABMiller plc

SABMiller is in the beer and soft drinks business, bringing refreshment and sociability to millions
of people all over the world who enjoy our drinks. The company does business in a way that
improves livelihoods and helps build communities.
SABMiller is passionate about brewing and has a long tradition of craftsmanship, making superb
beer from high quality natural ingredients. Our local beer experts brew more than 200 beers from
which a range of special regional and global brands have been carefully selected and nurtured.

SABMiller is a FTSE-10 company, with shares trading on the London Stock Exchange, and a
secondary listing on the Johannesburg Stock Exchange. At 31 March 2016, the group employed
around 70,000 people in more than 80 countries, from Australia to Zambia, Colombia to the
Czech Republic, and South Africa to the USA. Every minute of every day, more than 140,000
bottles of SABMiller beer are sold around the world. The group also has a growing soft drinks
business as one of the world's largest bottlers of Coca-Cola drinks.

In the year ended 31 March 2016, SABMiller sold 331 million hectolitres of lager, soft drinks and
other alcoholic beverages, generating group net producer revenue of US$24,149 million and
EBITA of US $5,810 million.



Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

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