Anheuser-Busch Reports Increased US Beer Volume in 2006

    Anheuser-Busch Reports Increased U.S. Beer Volume in 2006 
 
    ST. LOUIS, Jan. 5 -- Anheuser-Busch, Inc., the U.S. beer subsidiary of 
Anheuser-Busch Cos., Inc. (NYSE: BUD), increased U.S. shipments to wholesalers 
to 102.3 million barrels in 2006 -- up 1.2 million barrels or 1.2 percent over 
2005, it was announced today by Anheuser-Busch Cos., Inc. president and chief 
executive officer, August A. Busch IV. 
    "Anheuser-Busch achieved increased shipments in 2006 due to the success of 
its initiatives to grow core brands, led by Bud Light, and by expanding its 
portfolio of products including the addition of the Rolling Rock brands, and 
imports Grolsch and Tiger," said Busch.  Wholesaler sales-to-retailers grew 
1.1 percent for the full year.  Newly acquired and alliance brands contributed 
0.5 points of growth to both shipments and wholesaler sales-to-retailers for 
the full year. 
    Wholesaler sales-to-retailers growth accelerated to 1.6 percent for the 
fourth quarter 2006, while U.S. beer shipments to wholesalers decreased 3.6 
percent in the same timeframe, as the company reduced wholesaler inventories 
below 2005 year-end levels.  Fourth quarter 2006 percent changes for 
wholesaler sales-to-retailers and shipments to wholesalers benefited by 0.7 
points and 0.8 points, respectively, due to newly acquired and alliance 
brands. 
    "We are pleased with our sales and marketing initiatives, including the 
recently announced agreement to become the exclusive U.S. importer of select 
InBev European brands, and believe these efforts will position Anheuser-Busch 
for growth in volume and earnings in 2007," concluded Busch. 
    Anheuser-Busch Cos., Inc. will announce worldwide beer volume and 
consolidated earnings results for the fourth quarter and full year 2006 on 
Feb. 1, 2007. 
 
    This release contains forward-looking statements regarding the company's 
expectations concerning its future operations, earnings and prospects. On the 
date the forward-looking statements are made, the statements represent the 
company's expectations, but the company's expectations concerning its future 
operations, earnings and prospects may change. The company's expectations 
involve risks and uncertainties (both favorable and unfavorable) and are based 
on many assumptions that the company believes to be reasonable, but such 
assumptions may ultimately prove to be inaccurate or incomplete, in whole or 
in part. Accordingly, there can be no assurances that the company's 
expectations and the forward-looking statements will be correct. Important 
factors that could cause actual results to differ (favorably or unfavorably) 
from the expectations stated in this release include, among others, changes in 
the pricing environment for the company's products; changes in U.S. demand for 
malt beverage products, including changes in U.S. demand for other alcohol 
beverages; changes in consumer preference for the company's malt beverage 
products; changes in the cost of marketing the company's malt beverage 
products; regulatory or legislative changes, including changes in beer excise 
taxes at either the federal or state level and changes in income taxes; 
changes in the litigation to which the company is a party; changes in raw 
materials prices; changes in packaging materials costs; changes in energy 
costs; changes in the financial condition of the company's suppliers; changes 
in interest rates; changes in foreign currency exchange rates; unusual weather 
conditions that could impact beer consumption in the U.S.; changes in 
attendance and consumer spending patterns for the company's theme park 
operations; changes in demand for aluminum beverage containers; changes in the 
company's international beer business or in the beer business of the company's 
international equity partners; changes in the economies of the countries in 
which the company's international beer business or its international equity 
partners operate; changes in the company's credit rating resulting from future 
acquisitions or divestitures; and the effect of stock market conditions on the 
company's share repurchase program.  Anheuser-Busch disclaims any obligation 
to update or revise any of these forward-looking statements.  Additional risk 
factors concerning the company can be found in the company's most recent Form 
10-K. 
 
SOURCE  Anheuser-Busch Cos., Inc. 
    -0-                             01/05/2007 
    /CONTACT:  Maureen Roth, Anheuser-Busch Cos., Inc., +1-314-765-6195/ 
    (BUD) 




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