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SouthAfricanBrewerie (SAB)

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Friday 28 September, 2001

SouthAfricanBrewerie

Holding in Company

South African Breweries PLC
28 September 2001

SOUTH AFRICAN BREWERIES plc


In response to the Liberty Group Ltd announcement of 27 September in which it
reported disposals of 10 million shares in SAB on 28th August 2001, SAB
reported that Liberty retained for shareholders funds, an interest in 22.0
million SAB shares, being 2.8 % of issued share capital.


Pursuant to Section 198, SAB advises that Liberty retains a further 19.2
million shares held on behalf of policy holders funds, equivalent to a further
2.5% of issued share capital and 12.1 million shares held on behalf of managed
funds, equivalent to a further 2.5% of issued share capital.  In addition
Liberty manages on behalf of outside clients a further 12.2 million shares,
equivalent to a further 1.6% of issued share capital.


28 September 2001