SABMiller plc : - Bond issue

11 January 2012

SABMiller Bond Issue

SABMiller plc (the "Company") announces that its wholly-owned subsidiary SABMiller Holdings Inc. (the "Issuer") has successfully priced a US$7,000,000,000 bond issue. The notes (the "Notes") will be guaranteed by the Company and will be issued pursuant to Rule 144A and Regulation S under the US Securities Act of 1933, as amended (the "Act"), in four tranches:

US$1,000,000,000 of 2015 year notes with a coupon of 1.850%

US$2,000,000,000 of 2017 year notes with a coupon of 2.450%

US$2,500,000,000 of 2022 year notes with a coupon of 3.750%

US$1,500,000,000 of 2042 year notes with a coupon of 4.950%

The net proceeds will be used by the Issuer to repay in part its bank borrowings incurred to finance the acquisition of Foster's Group Limited in December 2011.

Commenting on the issue, Jamie Wilson, Chief Financial Officer of SABMiller said:

"We were very pleased by the high level of demand from bond investors in response to this offering, and the pricing achieved, which we believe is a reflection of the strengths of the SABMiller Group and our attractive profile of brands and businesses."

This announcement may not be distributed, directly or indirectly, in or into the United States, Canada, Australia or Japan. It does not constitute an offer to sell or the solicitation of an offer to buy securities referred to herein or an invitation or inducement to purchase such securities.

The Notes have not been and will not be, registered under the Act and may not be offered or sold in the United States (as such term is defined in Regulation S under the Act) unless they are registered under the Act or pursuant to an exemption from registration. No public offer of the Notes is being made in the United States.

This announcement does not constitute or form part of any offer or any solicitation to purchase nor shall it, or the fact of its distribution, form the basis of, or be relied on, in any purchase. This announcement and any subsequent offer of securities may be restricted by law in certain jurisdictions and persons receiving this announcement or any subsequent offer should inform themselves about and observe any such restriction. Failure to comply with such restrictions may violate securities laws of any such jurisdiction.

Any application for or purchase of securities issued by the Issuer should only be made on the basis of the information contained in the formal prospectus expected to be issued on 11 January 2012 and any supplement or amendment thereto. The prospectus will contain detailed information about the Issuer, the Company and their management, as well as financial statements and other financial data relating to the Company.

ENDS

Notes:

About SABMiller plc

SABMiller is one of the world's largest brewers with brewing interests and distribution agreements across six continents. The group's wide portfolio of brands includes global brands such as PilsnerUrquell, Peroni Nastro Azzurro, Miller Genuine Draft, and Grolsch, as well as leading local brands such as Aguila, Castle, Miller Lite, Snow, Tyskie and Victoria Bitter. SABMiller is also one of the world's largest bottlers of Coca-Cola products.

In the year ended 31 March 2011, the group reported US$4,491 million adjusted pre-tax profit and group revenue of US$28,311 million.  SABMiller plc is listed on the London and Johannesburg stock exchanges.

This announcement is available on the company website:

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Contact

SABMiller plc		Tel: [phone]
Sue Clark	Director of Corporate Affairs	Tel: [phone]
David Mallac	Group Treasurer	Tel: [phone]
Gary Leibowitz	Senior Vice President, Investor Relations	Tel: [phone]
Nigel Fairbrass	Head of Media Relations	Tel: [phone]