11 July 2002
Proposed placing of ordinary shares of SABMiller plc
London and Johannesburg, 11 July 2002. In light of prevailing market conditions,
SABMiller plc has decided, in the best interests of its shareholders and the
company, not to proceed with the proposed placing of ordinary shares.
- ENDS -
For further information contact:
Nick Chaloner SABMiller +44 (0)20 7659 0100
Fergus Wylie Cubitt Consulting + 44 (0)20 7367 5103
Ian Hannam JPMorgan +44 (0)20 7325 1000
David Mayhew Cazenove +44 (0)20 7588 2828
This announcement has been issued by SABMiller and is the sole responsibility of
SABMiller. JPMorgan and Cazenove are acting exclusively for SABMiller and no one
else in connection with the proposed placing.
This information is provided by RNS
The company news service from the London Stock Exchange