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Brussels, 20 April 2015 - 1 / 2

The enclosed information constitutes regulated information as defined in the Belgian Royal Decree of 14 November

2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.

Anheuser-Busch InBev (Euronext: ABI)(NYSE: BUD) reports on the progress of its share buy-back program announced on 26 February 2015.

Further to the launch of the share buy-back program announced on 26 February 2015, Anheuser-Busch InBev reports the purchase of 713,852 Anheuser-Busch InBev shares on NYSE Euronext Brussels in the period from 13 April 2015 through 17 April 2015.

Date

Number of shares

Total amount

(EUR)

Total amount

(USD)

Average price (EUR)

Lowest price (EUR)

Highest price (EUR)

13 April

2015

12,000

€ 1,417,049.00

$ 1,495,270.11

118.0874

117.3000

118.4000

14 April

2015

50,000

€ 5,864,780.90

$ 6,195,554.54

117.2956

116.7500

118.3000

15 April

2015

50,000

€ 5,886,631.20

$ 6,227,467.15

117.7326

117.4000

118.2000

16 April

2015

211,852

€ 24,543,380.88

$ 26,288,415.26

115.8515

115.3000

117.0000

17 April

2015

390,000

€ 44,754,831.03

$ 48,397,874.28

114.7560

113.9000

116.0000

Total

713,852

€ 82,466,673.01

$ 88,604,581.33

115.5235

113.90

118.40

Since the start of the share buy-back program on 18 March 2015, Anheuser-Busch InBev has bought back 2,296,236 shares for a total amount of 282,545,453.04 USD. This corresponds to 0.14% of the total shares outstanding.

The overview relating to the share buy-back program is available on http://www.ab-inbev.com/investors.htmland will be updated on a weekly basis.

About Anheuser-Busch InBev

Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with American Depositary Receipts on the New York Stock Exchange (NYSE: BUD). It is the leading global brewer and one of the world's top five consumer products companies. Beer, the original social network, has been bringing people together for thousands of years and our portfolio of well over 200 beer brands continues to forge strong connections with consumers. This includes global brands Budweiser®, Corona® and Stella Artois®; international brands Beck's®, Leffe®, and Hoegaarden®; and local champions Bud Light®, Skol®, Brahma®, Antarctica®, Quilmes®, Victoria®, Modelo Especial®, Michelob Ultra®, Harbin®, Sedrin®, Klinskoye®, Sibirskaya Korona®, Chernigivske®, Cass®, and Jupiler®. Anheuser-Busch InBev's dedication to heritage and quality originates from the Den Hoorn brewery in Leuven, Belgium dating back to 1366 and the pioneering spirit of the Anheuser & Co brewery, with origins in St. Louis, USA since 1852. Geographically diversified with a balanced exposure to developed and developing markets, Anheuser-Busch InBev leverages the collective strengths of its approximately 155 000 employees based in 25 countries worldwide. In 2014, AB InBev realized 47.1 billion USD revenue. The company strives to be the Best Beer Company Bringing People Together For a Better World. Learn more at ab-inbev.com, at facebook.com/ABInBev or on Twitter through @ABInBevNews.

Brussels, 20 April 2015 - 2 / 2

Anheuser-Busch InBev Contacts:

Media Investors Marianne Amssoms

Tel: +1-212-573-9281

E-mail: marianne.amssoms@ab-inbev.com

Graham Staley

Tel: +1-212-573-4365

E-mail: graham.staley@ab-inbev.com

Karen Couck

Tel: +1-212-573-9283

E-mail: karen.couck@ab-inbev.com

Christina Caspersen

Tel: +1-212-573-4376

E-mail: christina.caspersen@ab-inbev.com

Kathleen Van Boxelaer

Tel: +32-16-27-68-23

E-mail: kathleen.vanboxelaer@ab-inbev.com

Heiko Vulsieck

Tel: +32-16-27-68-88

E-mail: heiko.vulsieck@ab-inbev.com

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