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Notice of redemption to the holders of the €600,000,000 8.625 per cent. Notes due 30 January 2017
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: ANB
NYSE ADS Code: BUD
JSE Share Code: ANH
ISIN: BE0974293251
(“AB InBev”)
Notice of redemption to the holders of the €600,000,000 8.625 per cent. Notes due 30
January 2017 (ISIN: BE0934985020; Common Code: 041091142) (the "Notes")
On 9 November 2016, Anheuser-Busch Inbev SA/NV (the "Issuer") gave notice to the
holders of the Notes that, pursuant to Condition 7.3 (Redemption at the Option of the
relevant Issuer) of the terms and conditions of the Notes (the "Conditions"), it is exercising
its option to redeem in full all of the outstanding Notes on 9 December 2016 (the "Optional
Redemption Date").
Each Note shall be redeemed at the make whole price in an amount equal to the sum, as
determined by the Calculation Agent, of the present values of the remaining scheduled
payments of principal and interest on the Notes to be redeemed (not including any portion of
such payments of interest accrued to the date of redemption) discounted to the Optional
Redemption Date on an annual basis (assuming a 360-day year) at the Reference Rate (as
defined in the Conditions) plus 85 basis points (the "Optional Redemption Amount"). The
Optional Redemption Amount will be calculated on 6 December 2016 (the "Calculation
Date"). Pursuant to Condition 7.10 (Cancellation), all Notes redeemed will be cancelled.
Terms used but not defined in this notice shall have the meanings given to them in the
Conditions.
For further information, holders of the Notes should contact:
Gabriel Ventura
Anheuser-Busch InBev SA/NV
+1 (212) 478 7031
gabriel.ventura@ab-inbev.com
10 November 2016
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