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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000888746-03-000012.txt : 20030402
<SEC-HEADER>0000888746-03-000012.hdr.sgml : 20030402
<ACCEPTANCE-DATETIME>20030402160108
ACCESSION NUMBER:		0000888746-03-000012
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20030401
FILED AS OF DATE:		20030402

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNITED BREWERIES CO INC
		CENTRAL INDEX KEY:			0000888746
		STANDARD INDUSTRIAL CLASSIFICATION:	MALT BEVERAGES [2082]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14906
		FILM NUMBER:		03636876

	BUSINESS ADDRESS:	
		STREET 1:		AHUMADA 131
		CITY:			SANTIAGO CHILE
		STATE:			F3
		ZIP:			00000
		BUSINESS PHONE:		2125305000

	MAIL ADDRESS:	
		STREET 1:		BANDERA 84 6TH FL
		CITY:			SANTIAGO COUNTRY CHILE
		STATE:			F3
</SEC-HEADER>
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<TYPE>6-K
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<FILENAME>karlovacka.htm
<DESCRIPTION>CCU ANNOUNCES THE SALE OF KARLOVACKA
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<B><FONT FACE="Arial"><P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY">FOR IMMEDIATE RELEASE</P>
</B><P ALIGN="JUSTIFY">For more information contact:</P>
<P ALIGN="JUSTIFY">Luis Eduardo Bravo / Claudio Pollak&#9;&#9;&#9;</P>
<P ALIGN="JUSTIFY">Investor Relations Department&#9;&#9;&#9;&#9;&#9;</P>
<P ALIGN="JUSTIFY">Compa&ntilde;&iacute;a Cervecer&iacute;as Unidas S.A.&#9;&#9;&#9;&#9;</P>
<P ALIGN="JUSTIFY">(56-2) 427-3581 or 427-3416</P>
<B><P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<U><P ALIGN="CENTER">CCU ANNOUNCES THE SALE OF KARLOVACKA</P>
</B></U><P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY">(Santiago, April 1<SUP>th</SUP>, 2003) CCU (NYSE: CU) informs the sale of its stake in the Croatian brewery Karlovacka Pivovara d.d. (Karlovacka).</P>
<P ALIGN="JUSTIFY">Yesterday, CCU's 50%-owned subsidiary Southern Breweries Establishment (SBE) sold its 68.8% interest in the Croatian brewery Karlovacka to Heineken for 82.5 million euros. This transaction generated to CCU an extraordinary net gain of approximately Ch$19,700 million that will be recognized during the first quarter of 2003.</P>
<P ALIGN="JUSTIFY">CCU is a diversified beverage company operating principally in Chile and Argentina. CCU is the largest Chilean brewer, the third-largest Argentine brewer, the second-largest Chilean soft drink producer, the second-largest Chilean wine exporter, the largest Chilean mineral water producer, the leader in the bottled nectar category in Chile and recently entered the pisco business. The Company has licensing and/or joint venture arrangements with Paulaner Brauerei AG, Anheuser-Busch Incorporated, PepsiCo Inc., Schweppes Holdings Limited, Guinness Brewing Worldwide Limited and Watt's Alimentos S.A.</P></FONT></BODY>
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<DESCRIPTION>SIGNATURE PAGE
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<B><FONT FACE="Arial" SIZE=4><P ALIGN="CENTER">Signature</P>
</B></FONT><FONT FACE="Arial"><P>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P><DIR>
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<P>Compa&ntilde;&iacute;a Cervecer&iacute;as Unidas S.A.</P>
<P>(United Breweries Company, Inc.)</P></DIR>
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<P>&nbsp;</P><DIR>
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<U><P>/s/ Ricardo Reyes&#9;</P>
</U><P>Ricardo Reyes<BR>
Chief Financial Officer</P>
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<P>Date: April 1, 2003</P>
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