15 July 2005
Notification of Transactions of Directors in accordance with DR3.1.4R
Notification of directors' interests: Companies Act 1985 s329
The independent trustee of the SABMiller plc Employment Benefit Trust (the
'EBT'), notified the company on 13 July 2005 that it had on the 12 July 2005
exercised its discretion and released 400,000 ordinary shares in SABMiller plc
to executive directors participating in the Performance Share Award Scheme.
These shares relate to exceptional conditional awards made on 9 July 2002 to the
Group CEO, Mr. E.A.G. Mackay and the Group CFO, Mr. M.I. Wyman, as previously
approved by shareholders at the company's EGM on 01 July 2002.
The shares were released in line with the Remuneration Committee's decision on
17 May 2005 that all 400,000 special performance shares would vest on the third
anniversary date of the award, having both met the TSR and overall financial
performance conditions in full and recognising that both Mr. Mackay and Mr.
Wyman would still be in service on the anniversary date.
Director Shares released to Shares sold on behalf of Shares retained by
director the directors to meet PAYE director
and NIC liability
Mr. E.A.G. Mackay 240,000 98,457 141,543
Mr. M.I. Wyman 160,000 65,638 94,362
Price per share for shares sold: £8.77 per ordinary share
Date of sale: 13 July 2005
Date company informed of sale: 14 July 2005
The revised total shareholding for each director pursuant to the release of
shares under the EBT and subsequent sale to meet PAYE and NIC liability, is as
Director Beneficial Holding
Mr. E.A.G. Mackay 249,751
Mr. M.I. Wyman 260,598
The shares sold on behalf of the directors to meet PAYE and NIC liability were
purchased by the EBT. Following these transactions, the EBT holds a total of
3,679,317 ordinary shares in SABMiller plc in which certain senior employees,
including the following directors and Persons Discharging Managerial
Responsibility ('PDMR's'), have an interest as potential beneficiaries: Mr.
E.A.G. Mackay, Mr. M.I. Wyman, Mr. N.J. Adami, Ms. S. Clark, Dr. A. Clark,
Mr. J Nel, Mr. A.C. Parker, Mr. A.O.C. Tonkinson, Mr. C.A. van Kralingen.
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