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Addendum to Press Release: Anheuser-Busch InBev reports Fourth Quarter and Full Year 2018 Results – Headline EPS
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” or the “Company”)
Addendum to Press Release: Anheuser-Busch InBev reports Fourth Quarter and Full Year 2018 Results – Headline EPS
Due to the secondary listing of the ordinary shares of AB InBev on the main board of the JSE Limited (JSE) in South
Africa, the Group is required to present headline earnings per share and diluted headline earnings per share, as
alternative measures of earnings per share, calculated in accordance with the circular entitled ‘Headline Earnings’
issued by the South African Institute of Chartered Accountants, as amended from time to time.
The calculation of headline earnings per share is based on the headline earnings and a weighted average number of
ordinary and restricted shares outstanding (including deferred share instruments and stock lending) per end of the
period, calculated as follows:
FY18 FY17
Net of Net of
taxes taxes
& non- & non-
Gross controlling Gross controlling
Million US dollar amount interests amount interests
Profit attributable to equity holders of AB InBev - 4 368 - 7 996
After tax impairment of goodwill, PP&E and intangible assets 91 50 96 56
After tax net (gain)/loss on disposal of PP&E, intangible and other (109) (69) (156) (102)
assets
Headline earnings 4 349 7 950
Weighted average number of ordinary and restricted shares (million) 1 975 1 971
Headline earnings per share (US dollar) 2.20 4.03
Weighted average number of ordinary and restricted shares (diluted) 2 011 2 010
(million)
Diluted headline earnings per share (US dollar) 2.16 3.96
Shareholders are referred to the Fourth Quarter and Full Year 2018 Results announcement published on SENS today.
28 February 2019
JSE Sponsor: Questco Corporate Advisory Proprietary Limited
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).
Date: 28/02/2019 08:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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