-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 R9oVNRqVAy6zPMJq0Ve0C4NxaBcNcs/4H3NIapWHazK6wPaU86hv/tSGYoSrY7Zj
 OxjCdLp5VMp+h/Ymp1TpLQ==

<SEC-DOCUMENT>0000950172-04-002624.txt : 20041112
<SEC-HEADER>0000950172-04-002624.hdr.sgml : 20041111
<ACCEPTANCE-DATETIME>20041112062126
ACCESSION NUMBER:		0000950172-04-002624
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20041112
DATE AS OF CHANGE:		20041112
GROUP MEMBERS:		ANHEUSER-BUSCH INTERNATIONAL HOLDINGS, INC CHILE II LIMITADA
GROUP MEMBERS:		ANHEUSER-BUSCH INTERNATIONAL HOLDINGS, INC.
GROUP MEMBERS:		ANHEUSER-BUSCH INTERNATIONAL HOLDINGS, INC. CHILE I LIMITADA
GROUP MEMBERS:		ANHEUSER-BUSCH INTERNATIONAL, INC.

SUBJECT COMPANY:	

	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:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-60071
		FILM NUMBER:		041134911

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ANHEUSER-BUSCH COMPANIES, INC.
		CENTRAL INDEX KEY:			0000310569
		STANDARD INDUSTRIAL CLASSIFICATION:	MALT BEVERAGES [2082]
		IRS NUMBER:				431162835
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		ONE BUSCH PL
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63118-1852
		BUSINESS PHONE:		3147656565

	MAIL ADDRESS:	
		STREET 1:		ONE BUSCH PL
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63118-1852

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ANHEUSER BUSCH COMPANIES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>ny487970.htm
<DESCRIPTION>AMENDMENT NO. 9
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2 Final//EN">
<HTML>
<HEAD>
     <!-- Created by EDGAR Ease Plus (EDGAR Ease+ 1.1a) -->
     <!-- Project:        I:\CONVER\ny13544.eep                      -->
     <!-- Client Name:    Anheuser-Busch Inc.                                     -->
     <!-- Project Name:   NY13544                                             -->
     <TITLE>SCHEDULE 13D/A</TITLE>
</HEAD>
<BODY>

<!-- MARKER FORMAT-SHEET="Head Center Bold 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED
STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>Washington, D.C. 20549  </FONT></H1></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4><b>SCHEDULE
13D  </B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>Under
the Securities Exchange Act of 1934<BR>(Amendment No. 9)*  </FONT>
</TD></TR>
</TABLE>


<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>____________________ </FONT></TD></TR>
</TABLE>
<BR>



<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=5><B>COMPA&Ntilde;&Iacute;A
CERVECER&Iacute;AS UNIDAS S.A. </B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>UNITED
BREWERIES COMPANY, INC. (English translation of Name of Issuer)</B> </FONT>
</TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Name of Issuer) </FONT></TD></TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Reg Cover Table 2 Col" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER WIDTH=70%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>Common Stock, no par value <BR>
Shares of Common Stock in the form of American Depositary Shares</B>
</FONT></TD>
<TD ALIGN="CENTER" WIDTH="30%" VALIGN="BOTTOM"><FONT FACE="Times New Roman, Times, Serif" SIZE=2> <B>204429104</B></FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Title of class of securities)</FONT></TD>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(CUSIP number)</FONT></TD></TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>JoBeth
G. Brown <BR>Vice President and Secretary<BR>
Anheuser-Busch Companies, Inc.<BR>
One Busch Place<BR>
St. Louis, Missouri 63118<BR>
(314) 577-2000 <BR>(Name, address and
telephone number of person authorized to receive notices and communications) </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>November
10, 2004</B> <BR>(Date of event which requires filing of this statement)  </FONT></TD></TR>
</TABLE>
<BR>




<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If
the filing person has previously filed a statement on Schedule 13G to report the
acquisition that is the subject of this Schedule 13D, and is filing this schedule because
of &sect;240.13d-1(e), 240.13d-1(f) or 240.13d-(1)(g), check the following box .&nbsp;&nbsp; </FONT> <FONT FACE="WINGDINGS" SIZE="2">&#168; </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Note:&nbsp;&nbsp; Schedules
filed in paper format shall include a signed original and five copies of the schedule,
including all exhibits. See &sect;240.13d-7 for other parties to whom copies are to be
sent.  </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>*The
remainder of this cover page shall be filled out for a reporting person&#146;s initial
filing on this form with respect to the subject class of securities, and for any
subsequent amendment containing information which would alter disclosures provided in a
prior cover page.  </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
information required on the remainder of this cover page shall not be deemed to be &#147;filed&#148; for
the purpose of Section 18 of the Securities Exchange Act of 1934 (&#147;Act&#148;) or
otherwise subject to the liabilities of that section of the Act but shall be subject to
all other provisions of the Act (however, see the Notes).  </FONT></TD></TR></TABLE><BR>
<BR>

<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Continued
on following pages) <BR><BR>   (Page 1 of 8 Pages)</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Break Table" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><HR SIZE=5 NOSHADE>
<BR></TD></TR></TABLE>
<BR>
<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<TABLE WIDTH="600" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">CUSIP No.  204429104</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">SCHEDULE 13D/A </FONT></TD>
     <TD WIDTH="200" ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 2 of 8 Pages</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1 </FONT></TD>
<TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NAME
OF REPORTING PERSON&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Anheuser-Busch Companies, Inc.<BR>
S.S. OR I.R.S. IDENTIFICATION NO.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
43-1162835<BR>OF ABOVE PERSON
  </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></TD>
     <TD WIDTH=77%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:</FONT></TD>
     <TD WIDTH=5% ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)</FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#168;</FONT></TD></TR>
<TR VALIGN=TOP>
     <TD> <FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)</FONT></TD>
     <TD ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#254;</FONT></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SEC USE ONLY </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOURCE OF FUNDS
<BR><BR>WC
</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></TD>
     <TD WIDTH=82%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) </FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"> &#168; </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6  </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CITIZENSHIP OR PLACE OF ORGANIZATION<BR>
<BR>Delaware</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8% ALIGN=LEFT ROWSPAN=8><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=22% ALIGN=LEFT ROWSPAN=7><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>NUMBER<BR>OF SHARES<BR>BENEFICIALLY<BR>OWNED BY<BR>EACH<BR>REPORTING<BR>PERSON WITH </FONT></TD>
     <TD WIDTH=9%><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">7 </FONT></FONT> </TD>
     <TD WIDTH=61%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE VOTING POWER<BR><BR>
None <!-- Sole Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">8</FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED VOTING POWER<BR><BR>
63,695,333 <!-- Shared Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9 </FONT></TD>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE DISPOSITIVE POWER<BR><BR>
None  <!-- Sole Dispositive Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">10 </FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED DISPOSITIVE POWER<BR><BR>
63,695,333 <!-- Shared Dispositive Power --> </FONT></TD>
</TR>
</TABLE>
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
<BR><BR>63,695,333<!-- Aggregate Amount Beneficially Owned --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH="600" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN=TOP>
     <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 </FONT></TD>
     <TD WIDTH="82%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES </FONT></TD>
     <TD WIDTH="10%" ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"><!-- Delete One --> &#168;</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<BR><BR>
20.0% <!-- Percent of Class Represented by Amount in Row 11 --> </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>TYPE OF REPORTING PERSON<BR><BR>
CO
<!-- Type of Reporting Person --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE><BR>

<!-- MARKER FORMAT-SHEET="Page Break Table" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><HR SIZE=5 NOSHADE>
<BR></TD></TR></TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<TABLE WIDTH="600" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">CUSIP No.  204429104</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">SCHEDULE 13D/A </FONT></TD>
     <TD WIDTH="200" ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 3 of 8 Pages</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1 </FONT></TD>
<TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NAME
OF REPORTING PERSON&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Anheuser-Busch International, Inc.<BR>
S.S. OR I.R.S. IDENTIFICATION NO.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
43-1213600<BR>OF ABOVE PERSON
  </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></TD>
     <TD WIDTH=77%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:</FONT></TD>
     <TD WIDTH=5% ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)</FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#168;</FONT></TD></TR>
<TR VALIGN=TOP>
     <TD> <FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)</FONT></TD>
     <TD ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#254;</FONT></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SEC USE ONLY </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOURCE OF FUNDS
<BR><BR>WC
</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></TD>
     <TD WIDTH=82%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) </FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"> &#168; </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6  </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CITIZENSHIP OR PLACE OF ORGANIZATION<BR>
<BR>Delaware</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8% ALIGN=LEFT ROWSPAN=8><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=22% ALIGN=LEFT ROWSPAN=7><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>NUMBER<BR>OF SHARES<BR>BENEFICIALLY<BR>OWNED BY<BR>EACH<BR>REPORTING<BR>PERSON WITH </FONT></TD>
     <TD WIDTH=9%><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">7 </FONT></FONT> </TD>
     <TD WIDTH=61%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE VOTING POWER<BR><BR>
None <!-- Sole Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">8</FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED VOTING POWER<BR><BR>
63,695,333 <!-- Shared Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9 </FONT></TD>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE DISPOSITIVE POWER<BR><BR>
None  <!-- Sole Dispositive Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">10 </FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED DISPOSITIVE POWER<BR><BR>
63,695,333 <!-- Shared Dispositive Power --> </FONT></TD>
</TR>
</TABLE>
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
<BR><BR>63,695,333<!-- Aggregate Amount Beneficially Owned --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH="600" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN=TOP>
     <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 </FONT></TD>
     <TD WIDTH="82%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES </FONT></TD>
     <TD WIDTH="10%" ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"><!-- Delete One --> &#168;</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<BR><BR>
20.0% <!-- Percent of Class Represented by Amount in Row 11 --> </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>TYPE OF REPORTING PERSON<BR><BR>
CO
<!-- Type of Reporting Person --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE><BR>



<BR><!-- MARKER FORMAT-SHEET="Page Break Table" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><HR SIZE=5 NOSHADE>
<BR></TD></TR></TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<TABLE WIDTH="600" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">CUSIP No.  204429104</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">SCHEDULE 13D/A </FONT></TD>
     <TD WIDTH="200" ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 4 of 8 Pages</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1 </FONT></TD>
<TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NAME
OF REPORTING PERSON&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Anheuser-Busch International Holdings, Inc.<BR>
S.S. OR I.R.S. IDENTIFICATION NO.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
51-0348308<BR>OF ABOVE PERSON
  </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></TD>
     <TD WIDTH=77%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:</FONT></TD>
     <TD WIDTH=5% ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)</FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#168;</FONT></TD></TR>
<TR VALIGN=TOP>
     <TD> <FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)</FONT></TD>
     <TD ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#254;</FONT></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SEC USE ONLY </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOURCE OF FUNDS
<BR><BR>WC
</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></TD>
     <TD WIDTH=82%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) </FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"> &#168; </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6  </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CITIZENSHIP OR PLACE OF ORGANIZATION<BR>
<BR>Delaware</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8% ALIGN=LEFT ROWSPAN=8><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=22% ALIGN=LEFT ROWSPAN=7><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>NUMBER<BR>OF SHARES<BR>BENEFICIALLY<BR>OWNED BY<BR>EACH<BR>REPORTING<BR>PERSON WITH </FONT></TD>
     <TD WIDTH=9%><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">7 </FONT></FONT> </TD>
     <TD WIDTH=61%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE VOTING POWER<BR><BR>
None <!-- Sole Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">8</FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED VOTING POWER<BR><BR>
63,695,333 <!-- Shared Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9 </FONT></TD>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE DISPOSITIVE POWER<BR><BR>
None  <!-- Sole Dispositive Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">10 </FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED DISPOSITIVE POWER<BR><BR>
63,695,333 <!-- Shared Dispositive Power --> </FONT></TD>
</TR>
</TABLE>
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
<BR><BR>63,695,333<!-- Aggregate Amount Beneficially Owned --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH="600" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN=TOP>
     <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 </FONT></TD>
     <TD WIDTH="82%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES </FONT></TD>
     <TD WIDTH="10%" ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"><!-- Delete One --> &#168;</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<BR><BR>
20.0% <!-- Percent of Class Represented by Amount in Row 11 --> </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>TYPE OF REPORTING PERSON<BR><BR>
CO
<!-- Type of Reporting Person --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE><BR>



<BR><!-- MARKER FORMAT-SHEET="Page Break Table" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><HR SIZE=5 NOSHADE>
<BR></TD></TR></TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<TABLE WIDTH="600" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">CUSIP No.  204429104</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">SCHEDULE 13D/A </FONT></TD>
     <TD WIDTH="200" ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 5 of 8 Pages</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1 </FONT></TD>
<TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NAME
OF REPORTING PERSON&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Anheuser-Busch International Holdings, Inc.<BR>
S.S. OR I.R.S. IDENTIFICATION NO.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Chile I Limitada<BR>OF ABOVE PERSON  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
98-0346879

  </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></TD>
     <TD WIDTH=77%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:</FONT></TD>
     <TD WIDTH=5% ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)</FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#168;</FONT></TD></TR>
<TR VALIGN=TOP>
     <TD> <FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)</FONT></TD>
     <TD ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#254;</FONT></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SEC USE ONLY </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOURCE OF FUNDS
<BR><BR>WC
</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></TD>
     <TD WIDTH=82%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) </FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"> &#168; </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6  </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CITIZENSHIP OR PLACE OF ORGANIZATION<BR>
<BR>Chile</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8% ALIGN=LEFT ROWSPAN=8><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=22% ALIGN=LEFT ROWSPAN=7><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>NUMBER<BR>OF SHARES<BR>BENEFICIALLY<BR>OWNED BY<BR>EACH<BR>REPORTING<BR>PERSON WITH </FONT></TD>
     <TD WIDTH=9%><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">7 </FONT></FONT> </TD>
     <TD WIDTH=61%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE VOTING POWER<BR><BR>
None <!-- Sole Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">8</FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED VOTING POWER<BR><BR>
63,695,333 <!-- Shared Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9 </FONT></TD>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE DISPOSITIVE POWER<BR><BR>
None  <!-- Sole Dispositive Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">10 </FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED DISPOSITIVE POWER<BR><BR>
63,695,333 <!-- Shared Dispositive Power --> </FONT></TD>
</TR>
</TABLE>
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
<BR><BR>63,695,333<!-- Aggregate Amount Beneficially Owned --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH="600" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN=TOP>
     <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 </FONT></TD>
     <TD WIDTH="82%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES </FONT></TD>
     <TD WIDTH="10%" ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"><!-- Delete One --> &#168;</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<BR><BR>
20.0% <!-- Percent of Class Represented by Amount in Row 11 --> </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>TYPE OF REPORTING PERSON<BR><BR>
PN <!-- Type of Reporting Person --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE><BR>



<BR><!-- MARKER FORMAT-SHEET="Page Break Table" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><HR SIZE=5 NOSHADE>
<BR></TD></TR></TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<TABLE WIDTH="600" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">CUSIP No.  204429104</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">SCHEDULE 13D/A </FONT></TD>
     <TD WIDTH="200" ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Page 6 of 8 Pages</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>
<BR>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1 </FONT></TD>
<TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NAME
OF REPORTING PERSON&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Anheuser-Busch International Holdings, Inc.<BR>
S.S. OR I.R.S. IDENTIFICATION NO.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Chile II Limitada<BR>OF ABOVE PERSON  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
98-0346884   </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></TD>
     <TD WIDTH=77%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:</FONT></TD>
     <TD WIDTH=5% ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)</FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#168;</FONT></TD></TR>
<TR VALIGN=TOP>
     <TD> <FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)</FONT></TD>
     <TD ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2">&#254;</FONT></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SEC USE ONLY </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOURCE OF FUNDS
<BR><BR>WC
</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></TD>
     <TD WIDTH=82%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) </FONT></TD>
     <TD WIDTH=10% ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"> &#168; </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6  </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CITIZENSHIP OR PLACE OF ORGANIZATION<BR>
<BR>Chile</FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8% ALIGN=LEFT ROWSPAN=8><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=22% ALIGN=LEFT ROWSPAN=7><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>NUMBER<BR>OF SHARES<BR>BENEFICIALLY<BR>OWNED BY<BR>EACH<BR>REPORTING<BR>PERSON WITH </FONT></TD>
     <TD WIDTH=9%><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">7 </FONT></FONT> </TD>
     <TD WIDTH=61%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE VOTING POWER<BR><BR>
None <!-- Sole Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">8</FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED VOTING POWER<BR><BR>
63,695,333 <!-- Shared Voting Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9 </FONT></TD>
  <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SOLE DISPOSITIVE POWER<BR><BR>
None  <!-- Sole Dispositive Power --> </FONT></TD>
</TR>
<TR>
     <TD COLSPAN="3"><HR NOSHADE SIZE="1"></TD></TR>
<TR VALIGN=TOP>
     <TD><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">10 </FONT></FONT> </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SHARED DISPOSITIVE POWER<BR><BR>
63,695,333 <!-- Shared Dispositive Power --> </FONT></TD>
</TR>
</TABLE>
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
<BR><BR>63,695,333<!-- Aggregate Amount Beneficially Owned --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<TABLE WIDTH="600" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN=TOP>
     <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 </FONT></TD>
     <TD WIDTH="82%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES </FONT></TD>
     <TD WIDTH="10%" ALIGN="RIGHT"> <FONT FACE="WINGDINGS" SIZE="2"><!-- Delete One --> &#168;</FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<BR><BR>
20.0% <!-- Percent of Class Represented by Amount in Row 11 --> </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE>

<!-- MARKER FORMAT-SHEET="Para List Hang" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
     <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14 </FONT></TD>
     <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>TYPE OF REPORTING PERSON<BR><BR>
PN <!-- Type of Reporting Person --> </FONT></TD>
</TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Rule Single" FSL="Default" -->
     <HR ALIGN=LEFT WIDTH=600 SIZE=1 NOSHADE><BR><BR>

<!-- MARKER FORMAT-SHEET="Page Break Table" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><HR SIZE=5 NOSHADE COLOR="BLACK">
<BR></TD></TR></TABLE><BR>



<!-- MARKER FORMAT-SHEET="Para Indent 0" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Amendment No. 9 (this &#147;Amendment&#148;) amends and supplements the Schedule 13D filed
on January 8, 2001 (the &#147;Schedule 13D&#148;) with the Securities and Exchange
Commission by Anheuser-Busch Companies, Inc., Anheuser-Busch International, Inc.,
Anheuser-Busch International Holdings, Inc., Anheuser-Busch International Holdings, Inc.
Chile I Limitada, and Anheuser-Busch International Holdings, Inc. Chile II Limitada, as
amended by Amendment No. 1 thereto filed on February 6, 2001, Amendment No. 2 thereto
filed on March 5, 2001, Amendment No. 3 thereto filed on March 30, 2001, Amendment No. 4
thereto filed on May 3, 2001, Amendment No. 5 thereto filed on October 5, 2001, Amendment
No. 6 thereto filed on March 7, 2003, Amendment No. 7 thereto filed on March 16, 2004, and
Amendment No. 8 thereto filed on November 1, 2004. All capitalized terms used in this
Amendment and not otherwise defined herein have the meanings assigned to such terms in the
Schedule 13D, as previously amended. </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang 0" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 4.</B></FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B> Purpose of Transaction</B></FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item
4 is hereby amended and supplemented as follows: </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Indent 0" FSL="Default" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
November 10, 2004, Anheuser-Busch International Holdings, Inc. Chile II Limitada executed
an agreement (the &#147;Disposition Agreement&#148;) with Celfin, Gardeweg S.A.,
Corredores de Bolsa (&#147;Celfin&#148;), a Chilean investment banking firm, which
provides that Celfin will, subject to the satisfaction of the conditions set forth in the
Disposition Agreement, place an order on the Santiago Stock Exchange to purchase all of
the Shares directly or beneficially owned by the Reporting Persons at a minimum price of
2,800 Chilean pesos per Share. Celfin is expected to purchase the Shares for the account
of certain of its clients, the identity of which has not been disclosed to the Reporting
Persons. The Reporting Persons expect such transaction to be completed by November 16,
2004. If such transaction is consummated, it will be in lieu of the potential transaction
previously disclosed in Amendment No.8 to this Schedule 13D. There can be no assurance
that the Reporting Persons will consummate the transaction described herein or any other
disposition of their Shares. </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Indent 0" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the sale of the Shares described above is effected, the Shares purchased in such
transaction will not be registered under the U.S. Securities Act of 1933 (the &#147;Securities
Act&#148;) and Cerfin has agreed that the resale of the Shares by Cerfin to its clients
will be structured so as to satisfy the exemption from registration provided by
Regulation S promulgated under the Securities Act.  </FONT></TD></TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Para Hang 0" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 6.</B></FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B> Contracts, Arrangements, Understandings or Relationships with Respect to<BR>
Securities of the Issuer</B></FONT></TD>
</TR>
</TABLE>
<BR>



<!-- MARKER FORMAT-SHEET="Para Large Indent" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item
6 is hereby amended and supplemented as follows: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent 0" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Disposition Agreement is attached hereto as Exhibit 99.6 and is incorporated herein by
reference. The description of the Disposition Agreement contained in this Amendment is
qualified in its entirety to the full text of the exhibits filed hereto.  </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Hang 0" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 7.</B></FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
 <B>Material to be Filed as Exhibits</B></FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit
99.6 Letter Agreement, dated as of November 10, 2004, by and between Anheuser-Busch
International Holdings, Inc. Chile II Limitada and Celfin, Gardeweg S.A., Corredores de
Bolsa. </FONT></TD></TR></TABLE><BR>
<BR><BR><BR>


<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Page 7 of 8 Pages </FONT></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Break Table" FSL="Project" -->
<TABLE WIDTH=650 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><HR SIZE=5 NOSHADE COLOR="BLACK">
</TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
undersigned hereby agree that this Statement is filed on behalf of each of the Reporting
Persons. </FONT></TD></TR></TABLE><BR>
<BR><BR>
<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Indent 0" FSL="Default" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After
reasonable inquiry and to the best of their knowledge and belief, the undersigned certify
that the information set forth in this Statement is true, complete and correct. </FONT></TD></TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dated: &nbsp;November 11, 2004 </FONT></TD></TR></TABLE><BR>


<!-- MARKER FORMAT-SHEET="Company Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- TYPE "DATE:" HERE--> </FONT></TD>
    <TD WIDTH="44%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="48%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">ANHEUSER-BUSCH COMPANIES, INC.</FONT></TD>
  </TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Date By Signature" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  </FONT></TD>
    <TD WIDTH="39%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- DATE--> </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By: </FONT></TD>
    <TD WIDTH="43%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; /s/ William J. Kimmins    </FONT></TD>
  </TR>
  <TR VALIGN="TOP">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD>&nbsp; </TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD> <HR NOSHADE SIZE="1"> </TD>
  </TR>
</TABLE>
<!-- MARKER FORMAT-SHEET="Name Title Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="TOP">
    <TD WIDTH="57%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Name:</FONT></TD>
    <TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">William J. Kimmins</FONT></TD>
</TR>
  <TR VALIGN="BOTTOM">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title:</FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Vice President and Treasurer</FONT></TD></TR>
</TABLE>
<BR>
<!-- MARKER FORMAT-SHEET="Company Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- TYPE "DATE:" HERE--> </FONT></TD>
    <TD WIDTH="44%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="48%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> ANHEUSER-BUSCH INTERNATIONAL, INC.</FONT></TD>
  </TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Date By Signature" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  </FONT></TD>
    <TD WIDTH="39%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- DATE--> </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By: </FONT></TD>
    <TD WIDTH="43%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; /s/ William J. Kimmins    </FONT></TD>
  </TR>
  <TR VALIGN="TOP">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD>&nbsp; </TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD> <HR NOSHADE SIZE="1"> </TD>
  </TR>
</TABLE>
<!-- MARKER FORMAT-SHEET="Name Title Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="TOP">
    <TD WIDTH="57%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Name:</FONT></TD>
    <TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">William J. Kimmins</FONT></TD>
</TR>
  <TR VALIGN="BOTTOM">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title:</FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Vice President and Treasurer</FONT></TD></TR>
</TABLE>



<BR>
<!-- MARKER FORMAT-SHEET="Company Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- TYPE "DATE:" HERE--> </FONT></TD>
    <TD WIDTH="44%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="48%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">ANHEUSER-BUSCH INTERNATIONAL HOLDINGS, INC.</FONT></TD>
  </TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Date By Signature" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  </FONT></TD>
    <TD WIDTH="39%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- DATE--> </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By: </FONT></TD>
    <TD WIDTH="43%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; /s/ William J. Kimmins    </FONT></TD>
  </TR>
  <TR VALIGN="TOP">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD>&nbsp; </TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD> <HR NOSHADE SIZE="1"> </TD>
  </TR>
</TABLE>
<!-- MARKER FORMAT-SHEET="Name Title Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="TOP">
    <TD WIDTH="57%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Name:</FONT></TD>
    <TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">William J. Kimmins</FONT></TD>
</TR>
  <TR VALIGN="BOTTOM">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title:</FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Vice President and Treasurer</FONT></TD></TR>
</TABLE>
<BR>



<!-- MARKER FORMAT-SHEET="Company Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- TYPE "DATE:" HERE--> </FONT></TD>
    <TD WIDTH="44%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="48%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
ANHEUSER-BUSCH INTERNATIONAL HOLDINGS, INC. <BR>
CHILE I LIMITADA </FONT></TD>
  </TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Date By Signature" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  &nbsp;</FONT></TD>
    <TD WIDTH="39%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;   </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="5%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By: </FONT></TD>
    <TD WIDTH="43%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
ANHEUSER-BUSCH INTERNATIONAL <BR>
HOLDINGS, INC., ITS MANAGING PARTNER</FONT></TD>
  </TR> </TABLE>



<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  </FONT></TD>
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  </FONT></TD>
    <TD WIDTH="39%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- DATE--> </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By: </FONT></TD>
    <TD WIDTH="43%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; /s/ William J. Kimmins    </FONT></TD>
  </TR>
  <TR VALIGN="TOP">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD>&nbsp; </TD>
    <TD>&nbsp; </TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD> <HR NOSHADE SIZE="1"> </TD>
  </TR>
</TABLE>
<!-- MARKER FORMAT-SHEET="Name Title Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="TOP">
   <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  </FONT></TD>
    <TD WIDTH="57%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Name:</FONT></TD>
    <TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">William J. Kimmins</FONT></TD>
</TR>
  <TR VALIGN="BOTTOM">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title:</FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Vice President and Treasurer</FONT></TD></TR>
</TABLE>


<!-- MARKER FORMAT-SHEET="Company Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- TYPE "DATE:" HERE--> </FONT></TD>
    <TD WIDTH="44%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="48%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
ANHEUSER-BUSCH INTERNATIONAL HOLDINGS, INC. <BR>
CHILE II LIMITADA </FONT></TD> </TR> </TABLE>

<!-- MARKER FORMAT-SHEET="Date By Signature" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  &nbsp;</FONT></TD>
    <TD WIDTH="39%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;   </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="5%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By: </FONT></TD>
    <TD WIDTH="43%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
ANHEUSER-BUSCH INTERNATIONAL <BR>
HOLDINGS, INC., CHILE I LIMITADA, ITS MANAGING PARTNER</FONT></TD>
  </TR> </TABLE>



<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  </FONT></TD>
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  </FONT></TD>
    <TD WIDTH="39%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- DATE--> </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="5%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By: </FONT></TD>
    <TD WIDTH="43%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
ANHEUSER-BUSCH INTERNATIONAL <BR>
HOLDINGS, INC., ITS MANAGING PARTNER
   </FONT></TD>
  </TR></TABLE>



<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
   <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> &nbsp; </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> &nbsp; </FONT></TD>
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  &nbsp;</FONT></TD>
    <TD WIDTH="39%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- DATE--> </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By: </FONT></TD>
    <TD WIDTH="43%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; /s/ William J. Kimmins    </FONT></TD>
  </TR>
  <TR VALIGN="TOP">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
   <TD>&nbsp; </TD>
    <TD>&nbsp; </TD>
    <TD>&nbsp; </TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD> <HR NOSHADE SIZE="1"> </TD>
  </TR>
</TABLE>
<!-- MARKER FORMAT-SHEET="Name Title Right" FSL="Project" -->
<TABLE WIDTH="650" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="TOP">
  <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  &nbsp;</FONT></TD>
   <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">  </FONT></TD>
    <TD WIDTH="57%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Name:</FONT></TD>
    <TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">William J. Kimmins</FONT></TD>
</TR>
  <TR VALIGN="BOTTOM">
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title:</FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Vice President and Treasurer</FONT></TD></TR>
</TABLE>
<BR><BR><BR>

<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Page 8 of 8 Pages </FONT></TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Page Break Table" FSL="Project" -->
<TABLE WIDTH=650 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><HR SIZE=5 NOSHADE COLOR="BLACK">
</TD></TR></TABLE><BR>
<BR><BR>

<!-- MARKER FORMAT-SHEET="Head Center Bold 2 600" FSL="Default" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT
INDEX </FONT></H1></TD></TR>
</TABLE>
<BR>



<!-- MARKER FORMAT-SHEET="Reg Cover Table 2 Col" FSL="Project" -->
<TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=left WIDTH=20%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Exhibit No.</U></FONT></TD>
<TD ALIGN=left WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Description</U></FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=TOP>
<TD ALIGN="LEFT" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit 99.6</FONT></TD>
<TD ALIGN=left><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Letter Agreement, dated as of November 10, 2004, by and among Anheuser-Busch
International Holdings, Inc. Chile II Limitada and Celfin, Gardeweg S.A., Corredores de
Bolsa.                                                                                  </FONT></TD></TR>
</TABLE>
<BR>


</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>abex99-6.htm
<DESCRIPTION>EXHIBIT 99.6
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2 Final//EN">
<HTML>
<HEAD>
     <!-- Created by EDGAR Ease Plus (EDGAR Ease+ 1.1a) -->
     <!-- Project:        I:\CONVER\ny13544.eep                      -->
     <!-- Client Name:    Anheuser-Busch Inc.                                     -->
     <!-- Project Name:   NY13544                                             -->
     <TITLE>Exhibit 99.6</TITLE>
</HEAD>
<BODY>
<BR><BR><BR>

<!-- MARKER FORMAT-SHEET="Head Right 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=RIGHT>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Exhibit
99.6</B> </FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="1"><B>Strictly
private &amp; confidential</B> </FONT> <HR SIZE=1 NOSHADE COLOR="BLACK"> </TD></TR></TABLE><BR>
<BR><BR>

<!-- MARKER FORMAT-SHEET="Head Left 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>November 10, 2004 </FONT></P></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Mr. William J. Kimmins Jr.<BR>
Vice President and Treasurer <BR>
Anheuser-Busch International Holdings, Inc. Chile II Limitada </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dear Mr. Kimmins, </FONT></P></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This
Agreement (the &#147;Agreement&#148;), effective 10:00 a.m. Chilean time on November 11,
2004, will confirm the basis upon which Anheuser-Busch International Holdings, Inc. Chile
II Limitada (&#147;Client&#148;) has irrevocably engaged Celfin, Gardeweg S.A., Corredores
de Bolsa (&#147;Celfin&#148;), on an exclusive basis to act as placement agent and,
subject to the conditions indicated herein, purchaser in connection with the Client&#146;s
sale offering of 63,695,333 shares (the &#147;Shares&#148;) of common stock of
Compa&ntilde;&iacute;a Cervecer&iacute;as Unidas S.A. (&#147;CCU&#148;) in the Santiago
Stock Exchange (the &#147;Offering&#148;). </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 1. &nbsp;&nbsp;Services
to be rendered</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Celfin
agrees to perform the following services, according to the terms and conditions defined by
the Client for the Remate and applicable Santiago Stock Exchange regulations: </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para List Hang 1" FSL="Project" -->
          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>i. </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               register with the Santiago Stock Exchange the Remate on November 11, 2004 and
               sell the Shares on November 12, 2004 on behalf of the Client in one lot at a
               minimum price of CH$2,800 (two thousand and eight hundred Chilean pesos) per
               share, without imposing any restrictions or conditions to participate in the
               Remate. In any case, the Client shall approve the terms and conditions of the
               Remate before its registration with the Santiago Stock Exchange and no
               amendments shall be done to such registration without Client&#146;s prior
               written approval, and </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para List Hang 1" FSL="Project" -->
          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ii. </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               bid to purchase the entire lot of Shares in the Remate for the account of
               investors either directly or through Banchile Corredores de Bolsa S.A.
               (&#147;Banchile&#148;) at a minimum price of CH$2,800 (two thousand and eight
               hundred Chilean pesos) per share and purchase in the Remate the Shares in such
               terms, provided that no other broker-dealer places a better offer to purchase
               the Shares in the Remate (&#147;Third Party Offeror&#148;). </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 2.&nbsp;&nbsp; Payment of the
Purchase Price and Closing</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
payment of the purchase price of the Shares as determined to be paid by Celfin in the
Remate (the &#147;Purchase Price&#148;), the transfer of the Shares to the purchaser and
the consummation and completion of all other transactions to be completed and consummated
by the parties hereunder (the &#147;Closing&#148;) shall take place at the offices of
Carey y Cia. Ltda., located at Miraflores 222, floor 24, Santiago, Chile, not later than
4:00 pm of the second (2<SUP>nd</SUP>) banking day following the Remate (the &#147;Closing
Date&#148;). </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All
risks for any breach of the purchase orders from investors received by Celfin and/or any
Participating Broker, including, but not limited to, the failure or delay to pay of one or
more investors, shall be borne exclusively by Celfin and not by the Client. Celfin shall
be liable under article 33 of Law No.&nbsp;18,045 for the timely and full payment to
Client of the Purchase Price. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left 2 600" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>At
the Closing Date: </FONT></P></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para List Hang 1" FSL="Project" -->
          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>i. </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               Celfin shall deliver the Purchase Price to Client or its duly authorized
               designee by one or more banking checks or wire transfer in immediately available
               funds, to a CH$ (Chilean peso) denominated account designated by Client or its
               designee; </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para List Hang 1" FSL="Project" -->
          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ii. </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               Celfin shall transfer the Shares and deliver the relevant stock certificate to
               the purchaser on behalf of the Client; and </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para List Hang 1" FSL="Project" -->
          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>iii. </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               subject to the satisfaction of (i) and (ii) above, Client shall deliver the
               Placement Fee to Celfin by one or more banking checks and surrender to Celfin
               the banking checks held in escrow by the Escrow Agent pursuant to Section 10. </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 3.&nbsp;&nbsp; Fees</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>As
compensation for Celfin&#146;s services in connection with the successful consummation and
completion of the Offering, the Client shall pay to Celfin 1.75% (one hundred seventy five
basis points), plus Value Added Tax, of the gross amount in Chilean pesos of the Purchase
Price, payable at the Closing (but Client shall not be required to pay stock exchange fees
or other similar charges and any withholding or deduction for or on account of taxes of
any kind) (the &#147;Placement Fee&#148;). </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Client shall pay the Placement Fee to Celfin even if any Third Party Offeror places a
better offer to purchase the Shares in the Remate, as indicated in Section 1(ii) above.
However, the Client shall not be obligated to pay the Placement Fee to Celfin if the
Closing shall not have occurred by November 16, 2004, <U>provided</U>, <U>however</U>,
Celfin&#146;s failure to fulfill any obligation under this Agreement shall have been the
cause of, or shall have resulted in, the failure of the Closing to occur on such date. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Except
for Celfin, no broker, finder or investment banker (including Banchile and any other
Chilean or foreign broker, dealer or underwriting participating in the Offering at the
request or invitation of Celfin or Banchile other than a Third Party Offeror)
(individually a &#147;Participating Broker&#148;, collectively the &#147;Participating
Brokers&#148;) will be entitled to any brokerage, finder&#146;s or other fee or commission
in connection with the transactions contemplated by this Agreement based upon arrangements
made by or on behalf of Client. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 4.&nbsp;&nbsp;
Representations and Warranties</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para List Flush" FSL="Project" -->
     <TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a) &nbsp;
          Client hereby represents and warrants to Celfin that (i) it is a limited
          liability company duly organized, validly existing and in good standing under
          the laws of the Republic of Chile and has all necessary power and authority to
          enter into this Agreement, the Collateral Agreement and the Custody Agreement,
          to carry out its obligations hereunder and thereunder and to consummate the
          transactions contemplated by this Agreement and thereby, and (ii) the Shares are
          owned of record and beneficially by the Client free and clear of any security
          interest, pledge, lien charge, encumbrance, adverse claim, restrictive covenant,
          condition or restriction of any kind, including, without limitation, any
          restriction on the voting, transfer or other exercise of any attributes of
          ownership. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para List Flush" FSL="Project" -->
     <TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)&nbsp;
          Celfin hereby represents, warrants and covenants to Client that (i) it is a
          closed stock corporation duly organized, validly existing and in good standing
          under the laws of the Republic of Chile and has all necessary power and
          authority to enter into this Agreement, the Collateral Agreement and the Custody
          Agreement, to carry out its obligations hereunder and thereunder and to
          consummate the transactions contemplated by this Agreement and thereby; (ii) it
          and the Participating Brokers have not and shall not act in a manner
          inconsistent with the requirements of Regulation S applicable to Category 1
          status; (iii) neither Celfin nor any Participating Broker has communicated or
          shall communicate, whether by means of telephone, e-mail, or in physical form,
          to any person or entity in the United States in connection with the Offering;
          (iv) neither Celfin nor any Participating Broker has taken or shall take any
          action inconsistent with the status of the Offering as an &#147;offshore
          transaction&#148; as defined in Regulation S; (v) neither Celfin nor any
          Participating Broker has engaged or shall engage, in connection with the
          Offering, in any &#147;directed selling efforts&#148; as defined under
          Regulation S, and (vi) Celfin and each Participating Broker shall establish
          reasonable procedures so that no person submitting a purchase order to either of
          them in connection with the Offering does so in or from the United States or is
          a U.S. resident. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para List Flush" FSL="Project" -->
     <TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)&nbsp;
          Celfin agrees and acknowledges that Client has made no representation, warranty
          or statement concerning the financial condition, results of operations, accuracy
          of the financial statements or securities filings of CCU and that Client shall
          have no liability to Celfin or any person or entity purchasing the Shares from
          Celfin with respect to such matters. Celfin has reviewed such matters for its
          own account and has come to its conclusions concerning such matters without
          consulting Client. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT>
<FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 5.&nbsp;&nbsp; Termination of Engagemen</B> </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>t</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para List Hang 1" FSL="Project" -->
          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)</FONT></TD>
<TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> This Agreement may be terminated:</FONT></TD>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para List Hang 1" FSL="Project" -->
          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>i. </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               by the Client or Celfin, at any time prior to the registration of the Remate
               with the Santiago Stock Exchange, if: (a) any representations and warranties of
               the other party hereto contained in this Agreement shall not have been true and
               correct in all respects when made or (b) the other party hereto shall not have
               complied in all respects with the covenants or agreements contained in this
               Agreement to be complied with by it; </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para List Hang 1" FSL="Project" -->
          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ii. </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               by either the Client or Celfin at any time prior to the completion of the
               Remate, in the event that any governmental authority or the Santiago Stock
               Exchange shall have issued an order, decree or ruling or taken any other action
               restraining, suspending, enjoining or otherwise prohibiting or restricting the
               transactions contemplated by this Agreement and such order, decree, ruling or
               other action shall have become final and nonappealable, or remains in full force
               and effect, on November 16, 2004; or </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para List Hang 1" FSL="Project" -->
          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>iii. </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               by the mutual written consent of the Client and Celfin; </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>provided</U>,
<U>however</U>, that the provisions of this Section 5 and of Sections 7 and 8 hereof shall
survive such termination. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para List Flush" FSL="Project" -->
     <TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)&nbsp;
          In the event of termination of this Agreement by Client as provided in Section
          5(a) above, Celfin shall not be entitled to any payment from Client in
          connection with the transactions contemplated hereunder and there shall be no
          liability whatsoever on the part of Client in such event. The termination of
          this Agreement shall not preclude the right of the non-defaulting party under
          this Agreement to sue for damages for breach of this Agreement in accordance
          with Chilean law. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 6.&nbsp;&nbsp; Publicity</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In
the event of consummation of the Offering, Celfin and Banchile shall have the right, at
its own expense, to disclose their participation as selling broker and purchasing broker
in the Offering respectively, including, without limitation, the placement of
&#147;tombstone&#148; advertisements in financial and other newspapers and journals
circulated in Chile, <U>provided</U>, <U>however</U>, the prior written consent of the
Client is obtained. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 7.&nbsp;&nbsp; Indemnity</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Each
of the parties hereto (each, an &#147;Indemnifying Party&#148;) agrees to indemnify and
hold harmless each of the other parties (each, an &#147;Indemnified Party&#148;) from and
against any and all claims, damages, losses, liabilities and expenses (including, without
limitation, reasonable fees and disbursements of counsel), joint or several, that may be
incurred by or asserted or awarded against any Indemnified Party (including, without
limitation, in connection with any investigation, litigation or proceeding or the
preparation of a defense in connection therewith), in each case arising out of or in
connection with or by reason of this Agreement or the transactions contemplated hereunder,
only to the extent such claim, damage, loss, liability or expense is found in a final,
non-appealable judgment by a court of competent jurisdiction (or a settlement tantamount
thereto agreed or approved by the Indemnified Party) to have resulted from such
Indemnifying Party&#146;s bad faith, willful misconduct, negligence or breach of this
Agreement. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 8.&nbsp;&nbsp; Governing Law;
Arbitration; Enforceability; Continued Performance</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para List Flush" FSL="Project" -->
     <TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)&nbsp;
          Governing Law. This Agreement shall be governed by, and construed in accordance
          with, the laws of the Republic of Chile. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para List Flush" FSL="Project" -->
     <TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)&nbsp;
          Arbitration. All disputes arising out of or in connection with this Agreement
          (the &#147;Dispute&#148;) including the arbitrability of any Dispute, shall be
          finally settled under the Rules of Arbitration of the International Chamber of
          Commerce (the &#147;ICC&#148;) in effect on the date of this Agreement (the
          &#147;Rules&#148;) by three arbitrators. In the event of a conflict between the
          Rules and the provisions of this Section 8, the provisions of this section shall
          govern. The place of arbitration shall be in New York, New York. The arbitration
          shall be governed by Chapter 2 of the United States Arbitration Act, 9 U.S.C.
          &sect;&sect; 201-208. The two arbitrators appointed by the parties shall appoint
          the third arbitrator, who shall be neither a citizen nor resident of either the
          United States or Chile, within thirty (30) days of the appointment of the second
          arbitrator. The language of the arbitration shall be English, and all three
          arbitrators must be fluent in English and Spanish. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para List Flush" FSL="Project" -->
     <TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)&nbsp;
          Enforceability. Each party acknowledges and agrees that arbitration pursuant to
          this Section 8 shall be the sole and exclusive procedure for resolving any
          Dispute, and that any award rendered by the arbitral tribunal shall be final and
          binding upon the parties. Judgment upon the award may be entered, and
          application for judicial confirmation or enforcement of the award may be made,
          in any competent court having jurisdiction thereof, and the parties hereto
          submit to the jurisdiction of such court for purposes of enforcement of this
          Section 8 and any award rendered hereunder. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para List Flush" FSL="Project" -->
     <TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
          <TR VALIGN=TOP>
          <TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d)&nbsp;
          Continued Performance. In the event of any Dispute, the parties shall continue
          to perform their respective obligations under this Agreement during the pendency
          of arbitration proceedings unless and until the arbitral tribunal otherwise
          orders. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 9. &nbsp;&nbsp; Compliance With Laws </B> </FONT>
 </P>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Each
of the Client and Celfin hereby agrees to adhere to all applicable laws, orders and
regulations of the United States, Chile and other relevant markets in rendering its
services under this Agreement. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Celfin
understands that Client intends to conduct the Offering in a manner that does not require
registration of the Offering pursuant to the United States Securities Act of 1933 and in a
manner consistent with the requirements of Regulation S promulgated under the United
States Securities Act of 1933 (&#147;Regulation S&#148;). Celfin acknowledges that Client
may rely on Celfin&#146;s representations, warranties and covenants under Section 4(b)
hereof for purposes of determining whether the Offering is consistent with the
requirements of Regulation S. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Celfin
will promptly and fully report to, and request guidance from, Client on any situation in
relation to this Agreement that it encounters which may be in violation of this Section 9
or the laws, orders or regulations of the United States or Chile. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notwithstanding
anything to the contrary contained in Section 3 or 5 of this Agreement, Client will not be
liable to Celfin for any compensation described in Section 3 of this Agreement (including,
but not limited to, any costs and expenses incurred by Celfin) in case of breach by Celfin
or any Participating Broker of this Section 9. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 10.&nbsp;&nbsp; Cash
Collateral and Custody Agreement</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Simultaneously
with the execution of this Agreement, Celfin will deliver to Gestiones de Confianza Carey
Limitada (the &#147;Escrow Agent&#148;) two banking checks in the aggregate amount of
CH$12,100,000,000 (twelve billion and one hundred million Chilean pesos) endorsed to the
Client&#146;s order as collateral for Celfin&#146;s obligation to register the Remate with
the Santiago Stock Exchange, its obligations to bid to purchase the Shares in the Remate
in the terms provided hereunder (except in the case of Section 5(a)(ii), only to the
extent the situations provided therein do not result from Celfin&#146;s bad faith, willful
misconduct, negligence or breach of this Agreement) and to make prompt and complete
payment of the Purchase Price. The Escrow Agent is hereby authorized by Celfin to turnover
the collateral to the Client in the event Celfin fails to comply with the above
obligations. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Promptly
after the execution of this Agreement, Client and Celfin will enter into certain Custody
Agreement (the &#147;Custody Agreement&#148;) dated on the date hereof providing for the
appointment of Celfin as custodian of the Shares to be sold pursuant to the Offering, and
the delivery by Client to Celfin of the stock certificate evidencing Client&#146;s
ownership (and absence of any liens) of such Shares and the relevant stock transfer
agreement authorizing Celfin to hold the Shares in &#147;street name&#148;. Celfin, acting
in its capacity as custodian, shall comply with all applicable Chilean securities
regulations, including article 179 of Law No. 18,045 and Release Nos. 549 and 1429 of the
Chilean Securities and Insurance Commission. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="2"><B>Section 12.&nbsp;&nbsp; Miscellaneous</B> </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All
costs and expenses, including, without limitation, fees and disbursements of counsel,
financial advisors and accountants, incurred in connection with the Offering, this
Agreement, the Custody Agreement and the transactions contemplated hereunder and
thereunder shall be paid by the party incurring such costs and expenses, whether or not
the Closing shall have occurred. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This
Agreement may be executed in two or more counterparts, all of which together shall be
considered a single instrument. This Agreement and the ancillary agreements referred to it
in Section 11 hereof, constitute the entire agreement, and supersede all prior agreements
and understandings (both written and oral) of the parties hereto with respect to the
subject matter hereof, and cannot be amended or otherwise modified except in writing
executed by the parties hereto. The provisions hereof shall inure to the benefit of and be
binding upon the successors and assigns of Client and Celfin. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Default" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>We
are delighted to accept this engagement and look forward to working with you on this
assignment. Please confirm that the foregoing is in accordance with your understanding by
signing and returning to us the enclosed duplicate of this Agreement, whereupon this
Agreement shall become effective as of the date hereof. </FONT></TD></TR></TABLE><BR>


<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Very truly yours, </FONT></P>
<BR><BR>




<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Celfin, Gardeweg S.A.,
Corredores de Bolsa </FONT></P>
<BR>


<!-- MARKER FORMAT-SHEET="Left Signature" FSL="Project" -->
<TABLE WIDTH="600" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=4%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;/s/  </FONT></TD>
<TD WIDTH=35%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Maximilano Vial Valenzuela  </FONT></TD>
<TD WIDTH=53%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD COLSPAN=5><HR NOSHADE SIZE="1"> </TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>

</TR>
</TABLE>




<!-- MARKER FORMAT-SHEET="Left Name Title" FSL="Project" -->
<TABLE WIDTH="600" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="TOP">
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By:</FONT></TD>
<TD WIDTH=31%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Maximilano Vial Valenzuela </FONT></TD>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> &nbsp;</FONT></TD>
<TD WIDTH=53%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Gerente General </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE>
<BR>
<BR><BR><BR>



<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AGREED,
as of the date first written above. <BR><BR>
Anheuser-Busch International Holdings, Inc. Chile II Ltda.</FONT></TD></TR></TABLE><BR>
<BR>


<!-- MARKER FORMAT-SHEET="Left Signature" FSL="Project" -->
<TABLE WIDTH="600" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="BOTTOM">
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=4%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;/s/  </FONT></TD>
<TD WIDTH=35%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>William J. Kimmins Jr. </FONT></TD>
<TD WIDTH=53%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD COLSPAN=5><HR NOSHADE SIZE="1"> </TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>

</TR>
</TABLE>




<!-- MARKER FORMAT-SHEET="Left Name Title" FSL="Project" -->
<TABLE WIDTH="600" BORDER="0" CELLSPACING="0" CELLPADDING="0">
  <TR VALIGN="TOP">
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By:</FONT></TD>
<TD WIDTH=31%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>William J. Kimmins Jr. </FONT></TD>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;  </FONT></TD>
<TD WIDTH=53%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Vice President and Treasurer </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE>
<BR>



</BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
