Notice of Currency Exchange Rate Dividend No. 24
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
(“AB InBev” or the “Company”)
Notice of Currency Exchange Rate
Dividend No. 24
Shareholders of AB InBev are referred to the announcement published on the Stock Exchange News Service of
the JSE (“SENS”) on Thursday, 1 March 2018 and are advised that at the Annual General Meeting of the Company
held on Wednesday, 25 April 2018, the gross final dividend for the year ended 31 December 2017 proposed by
the board of directors of AB InBev, was approved. Therefore a gross amount of €2.00 per ordinary AB InBev
share will be payable as the final dividend per share (the “Dividend”). When combined with the interim dividend
of €1.60 per share paid in November 2017, the total dividend for FY17 amounts to €3.60 per share.
The Company confirms that the SA Rand exchange rate for the Dividend will be ZAR 14.97800: €1.00 as
calculated at the close of business on Friday, 27 April 2018.
The gross amount of the Dividend will be subject to a Belgian Withholding Tax of 30% (equalling 898.68000
South African cents per ordinary share) which will be withheld from the gross Dividend paid to shareholders.
After the Belgian Withholding Tax has been withheld, the net Dividend will be 2096.92000 SA cents per ordinary
share. This withholding tax is reduced to 15% in terms of the double tax treaty in force between Belgium and
South Africa. A rebate of the additional Belgian Withholding Tax of 15% which is withheld in Belgium must be
claimed by South African shareholders in accordance with the relevant reimbursement process noted in the
announcement published on SENS on Thursday, 1 March 2018.
The Dividend may also be subject to SA Dividends Tax at the rate of 20%, unless a shareholder qualifies for an
exemption. Any shareholder that receives a Dividend which is subject to SA Dividends Tax (i.e. where no
exemption is available) will qualify for a 15% rebate from SA dividends tax, being the Belgian withholding tax of
15%. The ultimate result is that the Dividend will be subject to a reduced Belgian Withholding Tax rate of 15%
and subject to SA Dividends Tax at a rate of 5% (unless a shareholder qualifies for an exemption from dividends
tax, in which case only Belgian withholding tax of 15% will be applicable).
Gross amount of the Dividend 2995.6000
Less: 30% Belgian withholding tax 898.68000
Net Dividend after the deduction of the Belgian withholding tax 2096.92000
Less: 5% SA Dividends Tax 149.78000
Net amount of the Dividend 1947.14000
Any shareholder who is in any doubt as to their tax position should seek independent professional advice.
The salient dates are set out below for ease of reference.
Last day to trade on the JSE to qualify for the Dividend Monday 30 April
Ex-Dividend on Euronext from the commencement of trading on Monday, 30 April
Ex-Dividend on the JSE from commencement of trading on Wednesday, 2 May
Record date on Euronext Wednesday, 2 May
Dividend payable (Euronext) Thursday, 3 May
Record date on the JSE Friday, 4 May
Dividend payable (South Africa) Monday, 7 May
No transfers of shareholdings to and from South Africa will be permitted between Monday, 30 April 2018 and
Friday, 4 May 2018 (both dates inclusive). No dematerialisation or rematerialisation orders will be permitted
between Wednesday, 2 May 2018 and Friday, 4 May 2018 (both dates inclusive).
The Dividend is payable in South African Rand to shareholders whose shares are held through Central Securities
Participants and brokers traded on the JSE.
Please direct any queries to the Company’s Transfer Secretaries in South Africa:
Computershare Investor Services (Pty) Limited
15 Biermann Avenue, Rosebank, 2196
(PO Box 61051, Marshalltown, 2107, South Africa
Telephone +27 11 370 5000
Facsimile +27 11 688 5200
Email enquiries: email@example.com
About Anheuser-Busch InBev
Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary
listings on the Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American
Depositary Receipts on the New York Stock Exchange (NYSE: BUD). Our Dream is to bring people together for a
better world. Beer, the original social network, has been bringing people together for thousands of years. We
are committed to building great brands that stand the test of time and to brewing the best beers using the finest
natural ingredients. Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®,
Corona® and Stella Artois®; multi-country brands Beck’s®, Castle®, Castle Lite®, Hoegaarden® and Leffe®; and
local champions such as Aguila®, Antarctica®, Bud Light®, Brahma®, Cass®, Chernigivske®, Cristal®, Harbin®,
Jupiler®, Klinskoye®, Michelob Ultra®, Modelo Especial®, Quilmes®, Victoria®, Sedrin®, Sibirskaya Korona® and
Skol®. Our brewing heritage dates back more than 600 years, spanning continents and generations. From our
European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser & Co
brewery in St. Louis, US. To the creation of the Castle Brewery in South Africa during the Johannesburg gold
rush. To Bohemia, the first brewery in Brazil. Geographically diversified with a balanced exposure to developed
and developing markets, we leverage the collective strengths of nearly 200,000 employees based in more than
50 countries worldwide. For 2017, AB InBev’s reported revenue was 56.4 billion USD (excluding JVs and
30 April 2018
Sponsor: Deutsche Securities SA Proprietary Limited
Date: 30/04/2018 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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