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SouthAfricanBrewerie (SAB)

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Wednesday 31 May, 2000


Subsid's Disposal of Interest

South African Breweries PLC
31 May 2000

South African Breweries plc
Incorporated in England & Wales - Registered Number 3528416

SAB plc is releasing the announcement by Southern Sun concerning the disposal
of its interest in Sun International Inc;

Southern Sun Holdings Limited, the Hotel and Gaming Group
and wholly owned subsidiary of South African Breweries plc,
announced that it has disposed of its 20% equity interest in
Sun International Inc. to Kersaf Investments Limited for a
cash consideration of R425 million. The sale is conditional
on South African Exchange Control approval for the

Ron Stringfellow, the Executive Chairman of Southern Sun,
said that subsequent to the enactment of new gaming
legislation in South Africa and the successful award to
Tsogo Sun of a number of gaming licences, its 20% equity
interest in Sun International Inc. represented an interest
in a competitor. The disposal will enable Southern Sun to
utilise the sale proceeds for its own expansion in the hotel
and gaming industry.

31 May 2000, Johannesburg