A-B’s Q1 2004 Earnings Release

ST. LOUIS, April 28, 2004 - With strong growth from all ofits major operating segments, Anheuser-Busch Cos., Inc. achieved recordfirst-quarter sales and earnings results, it was announced today by PatrickStokes, president and chief executive officer of the company. Stokes made theannouncement at the company's annual meeting of shareholders in Orlando, Fla.Consolidated net sales increased 6.0 percent in the first quarter, whileearnings per share increased 17.5 percent.First-quarter results benefited from a $19.5 million pretax gain ($.015 pershare) from the sale of