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Brussels, 18 May 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 775,000 Anheuser-Busch InBev shares on NYSE Euronext Brussels in the period from 11 May 2015 through 15 May 2015.

Date

Number of shares

Total amount

(EUR)

Total amount

(USD)

Average price (EUR)

Lowest price (EUR)

Highest price (EUR)

11 May

2015

125,000

€ 13,656,518.50

$ 15,216,092.91

109.2521

108.4000

110.0500

12 May

2015

150,000

€ 16,156,474.35

$ 18,158,261.52

107.7098

106.7000

108.3000

13 May

2015

150,000

€ 16,102,570.50

$ 18,068,694.36

107.3505

106.3500

108.7000

14 May

2015

200,000

€ 21,462,876.80

$ 24,508,459.02

107.3144

105.5000

107.9500

15 May

2015

150,000

€ 16,270,270.65

$ 18,430,962.59

108.4685

107.2000

109.2000

Total

775,000

€ 83,648,710.80

$ 94,382,470.40

107.9338

105.5000

110.0500

Since the start of the share buy-back program on 18 March 2015, Anheuser-Busch InBev has bought back 6,120,113 shares for a total amount of 746,531,006.62 USD. This corresponds to 0.38% 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, 18 May 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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