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SouthAfricanBrewerie (SAB)

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Thursday 13 December, 2001


Holding in Company

South African Breweries PLC
13 December 2001

                         SOUTH AFRICAN BREWERIES PLC

We advise that the Company received notification on 12 December 2001 of the
following notifiable interest in its issued share capital in accordance with
Section 198 of the Companies Act.

Name of Company           Number of Shares          % of Issued Share
                          Held                      Capital

Liberty Group Ltd         11.8 million              1.4%

The Liberty Group also owns 18,542,551 SAB plc shares on behalf of
policyholders which together with the abovementioned 11,8 million shares makes
a total of 30,375,737 shares held in SAB plc, equivalent to 3,6% of its issued
share capital.

13 December 2001