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Monday 03 December, 2001

Interbrew S.A.

Offer Update

Interbrew S.A.
3 December 2001





Further to the announcement released on 28 November 2001, Interbrew S.A. 
confirms that it does not currently intend to make an offer for South African 
Breweries plc.

However, it has agreed with the Panel on Takeovers and Mergers in consultation 
with South African Breweries plc, that in the unusual circumstances of this 
situation it will not be bound by the six month time restriction under Rule 2.8 
of the City Code on Takeovers and Mergers.


Additional information:

Corneel Maes, Spokesman                  Patrick Verelst/ Investor Relations 
Tel: +32-16-31-57-69                     Tel: +32-16-31-55-41 
Mobile: +32-475-92-27-69                 Fax: +32-16-31-57-13
Fax: +32-16-31-59-69                     E-mail: patrick.verelst@interbrew.com
E-mail: corneel.maes@interbrew.com