SAB - SABMiller Plc - Altria Financial Disclosure17 May 2012
SAB
SOSAB                                                                           
SAB - SABMiller Plc - Altria Financial Disclosure                               
SABMiller plc                                                                   
JSEALPHA CODE: SAB                                                              
ISIN CODE: SOSAB                                                                
ISIN CODE: GB0004835483                                                         
Altria Financial Disclosure                                                     
Altria Group Inc. (Altria) has released a revision to its reported results for  
the fiscal quarter ended 31 March 2012 from its 27.0% economic and voting       
investment in SABMiller plc, expressed in US GAAP at prevailing exchange rates. 
Altria will record one-time non-cash exceptional gains of US$240 million        
reflecting Altria`s share of non-cash exceptional gains resulting from          
SABMiller`s strategic alliance transactions with Anadolu Efes and Castel that   
were completed in the first quarter of 2012. Altria has determined that it is   
appropriate to revise its first quarter 2012 financial statements to reflect its
share of the non-cash gains. Altria has determined that the non-cash gains were 
not material to Altria`s first quarter 2012 financial statements. Accordingly,  
Altria will reflect this revision in its financial statements for the six months
ending 30 June 2012.                                                            
Investors should note that these exceptional gains are derived from management  
accounts, have not been audited and may be subject to change. There are a number
of differences concerning the timing of recognition of results as well as       
differences relating to the accounting treatment of exceptional items and the   
definition of the US GAAP statutory earnings as reported by Altria compared to  
SABMiller`s results as reported under IFRS.                                     
John Davidson                                                                   
General Counsel and Group Company Secretary                                     
17 May 2012                                                                     
Date: 17/05/2012 08:00:40 Produced by the JSE SENS Department.                  
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