SABMiller : Amendments to the SABMiller Notes due 2033

12 August 2016

SABMiller plc

(the 'Company')

Amendments to the

$300,000,000 of 6.625% Guaranteed Notes due August 15, 2033 (the 'Notes')

Rule 144A Note CUSIP No. 78572MAA3 / ISIN US78572MAA36

Regulation S Note CUSIP No. G77395AA2 / ISIN USG77395AA27

On 4 August 2016, SABMiller plc announced the commencement of a consent solicitation relating to the Notes as described in a solicitation statement (the 'Solicitation Statement') issued to holders of the Notes on that day. The Company sought a consent to certain amendments and waivers in respect of the fiscal and paying agency agreement (the 'Fiscal and Paying Agency Agreement'), as amended, between the Company, MillerCoors LLC (the 'US Guarantor'), SABMiller Holdings Inc. (the 'Successor US Guarantor') and The Bank of New York Mellon, as Fiscal Agent, pursuant to which the Notes were issued and the terms and conditions of the Notes.

Valid consents were delivered and not revoked in respect of a majority of the aggregate principal amount of the Notes outstanding thereby approving the proposed amendments and the Company, the US Guarantor, the Successor US Guarantor and The Bank of New York Mellon entered into a supplemental fiscal and paying agency agreement on 12 August 2016, upon which the proposed amendments became effective. The proposed amendments to the Fiscal and Paying Agency Agreement and the terms and conditions of the Notes, among other things, (1) designated the Successor US Guarantor as the 'US Guarantor' under the Notes and released MillerCoors LLC from its additional amounts guarantee, and (2) added a covenant to the terms and conditions of the Notes requiring the Company to take commercially reasonable efforts to register the Notes under the U.S. Securities Act of 1933, as amended, within six months of the date on which the ABI Transaction (as defined in the Solicitation Statement) is consummated (as determined in the sole discretion of the Company).

SABMiller plc

+44 (0) 1483 264 000

David Mallac

Group Treasurer

SABMiller plc

Philip Learoyd

Head of Funding and Risk Management

SABMiller plc

This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of SABMiller plc or any of its affiliates in any jurisdiction or an inducement to enter into investment activity.

About SABMiller plc

SABMiller is in the beer and soft drinks business, bringing refreshment and sociability to millions of people all over the world who enjoy our drinks. The company does business in a way that improves livelihoods and helps build communities.

SABMiller is passionate about brewing and has a long tradition of craftsmanship, making superb beer from high quality natural ingredients. Our local beer experts brew more than 200 beers from which a range of special regional and global brands have been carefully selected and nurtured.

SABMiller is a FTSE-10 company, with shares trading on the London Stock Exchange, and a secondary listing on the Johannesburg Stock Exchange. At 31 March 2016, the group employed around 70,000 people in more than 80 countries, from Australia to Zambia, Colombia to the Czech Republic, and South Africa to the USA. Every minute of every day, more than 140,000 bottles of SABMiller beer are sold around the world. The group also has a growing soft drinks business as one of the world's largest bottlers of Coca-Cola drinks.

In the year ended 31 March 2016, SABMiller sold 331 million hectolitres of lager, soft drinks and other alcoholic beverages, generating group net producer revenue of US$24,149 million and EBITA of US $5,810 million.