Anheuser-Busch / International Brotherhood of Teamsters Contract Negotiations Statement

Company and Union representatives successfully concluded contract

negotiations and reached tentative agreement on all local, national and economic

issues.

The Brewery and Soft Drink Workers Conference, the Teamsters National

Bargaining Committee, and all locals have unanimously recommended this

agreement for ratification.

Negotiations were completed well ahead of contract expiration on 2/29/09. From

the beginning, the parties had professional and timely discussions of all the

issues.

The new agreement calls for a five-year contract that protects health and welfare

benefits for employees and their families. It also provides for substantial pension

and wage increases that continue to place Anheuser-Busch employees at the top

of the brewing industry.

The agreement will be submitted for ratification and provides employees with

other economic improvements including the opportunity for a $1,000 ratification

bonus, assuming that employees ratify it on the first vote. This ratification will

mean continuing job security for Anheuser-Busch employees as outlined in the

Company's good faith contractual commitment to keep all 12 breweries open

during the term of the new agreement. All terms and conditions including

economics will be effective upon ratification.

_____________________ ________________________

Gary Rutledge Jack Cipriani

Vice President Director, Brewery and Soft Drink

Legal and Government Affairs Workers Conference

Anheuser-Busch Companies International Brotherhood of Teamsters

October 3, 2008