Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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You confirm that all information you supply is accurate.


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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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  Print      Mail a friend       Annual reports

Wednesday 30 July, 2003


AGM Statement

30 July 2003

                    SABMiller plc AGM Trading Statement

London and Johannesburg, 30 July 2003. At the Annual General Meeting of
SABMiller plc (SABMiller) today, Graham Mackay, chief executive of SABMiller,
commented on the group's overall performance for the three months ended 30 June

Mr Mackay said: 'The group has recorded a strong performance for the quarter to
30 June 2003 with good contributions from our businesses in Europe, South Africa
and Africa & Asia, whilst the North America and Central America operations have
performed as expected at the time of our preliminary results announcement in May
of this year. Assisted by favourable currency movements, adjusted earnings per
share for this period show a satisfactory increase over the comparable period
last year.

'Our European businesses have produced strong results, with good summer weather
contributing to the volume growth achieved in all our markets. Financial
performance in the quarter was assisted by pricing benefits and the strength of
Central European currencies.

'The Africa & Asia businesses continue to perform well, with earnings ahead of
the prior year, even though earnings were negatively impacted by SARS in China.
We continue to benefit from relative currency stability in Africa.

'In South Africa, beer volumes have continued to grow, with beer gaining share
of the total liquor market at the expense of spirits and wine, and are up 3.8%
on the prior year after adjusting for the timing of Easter. Earnings in local
currency are ahead of expectations, and in US dollar terms have been enhanced by
a stronger South African rand. Both Miller Genuine Draft and Pilsner Urquell
were launched during the quarter, and have been well received by the market.

'In North America, Miller Brewing Company ('Miller') profitability in the
quarter is lower than the comparable prior year period, but in line with our
expectations. Miller has now been integrated into the group, and we continue
with our plans to establish a platform for growth over the next three years.

'Weak economic conditions in both Honduras and El Salvador and competitive
pressure in the carbonated soft drink market continue to impact our Central
America businesses. The restructuring programme to reduce the cost base in both
countries is proceeding according to plan.


Notes to editors:

SABMiller plc is one of the world's largest brewers, with 2002/03 lager volumes
in excess of 115 million hectolitres.  It has a brewing presence in over 40
countries across four continents and a portfolio of strong brands and leading
market shares in many of the countries in which it has brewing operations.
Outside the USA, SABMiller plc is one of the largest bottlers of Coca-Cola
products in the world.

In the year ended 31 March 2003, the group generated US$770 million pre-tax
profit from a turnover of US$9,112 million.  SABMiller plc is listed on the
London and Johannesburg stock exchanges.


Sue Clark                           Tel: +44 (0) 20 7659 0184
Director of Corporate Affairs       Mob: +44 (0) 7850 285471
SABMiller plc

Anna Miller Salzman                 Tel: +44 (0) 20 7659 0106
Head of Investor Relations          Mob: +44 (0) 7973 837070
SABMiller plc

Ciaran Baker                        Tel: +44 (0) 20 7659 0120
Head of Corporate Communications    Mob: +44 (0) 7979 954 493
SABMiller plc

Angus Maitland                      Tel: +44 (0) 20 73795151
The Maitland Consultancy Ltd        Mob: +44 (0) 7785 268 283

This announcement is available on the company website.

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

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