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Press Release: A-B and InBev Agree to Combine

The following is the official press release issued by A-B just before midnight, July 13, 2008, followed by a memo to distributors by August Busch IV:InBev and Anheuser-Busch Agree to Combine,Creating the Global Leader in Beer with Budweiser as its Flagship BrandCombination Will Create One of the World's Five Largest Consumer Products CompaniesCompany to be Named Anheuser-Busch InBev;Budweiser to Expand GloballyTransaction Will Yield Cost Synergies of at Least $1.5 Billion Annually by 2011; Neutral to EPS in 2009 and Accretive

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