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Thursday 04 July, 2002

Office of Fair Trade

Merger Update

Office of Fair Trading
4 July 2002


The Secretary of State for Trade and Industry has decided, on the information
at present before her, and in accordance with the recommendation of the
Director General of Fair Trading, not to refer the following mergers to the
Competition Commission under the provisions of the Fair Trading Act 1973:

    Acquisition by South African Breweries plc of assets of Philip Morris     
    Companies Inc, namely the Miller Brewing Company

    Acquisition by Philip Morris Companies Inc of an interest in South African
    Breweries plc

                      This information is provided by RNS
            The company news service from the London Stock Exchange