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Anheuser-Busch InBev SA/NV Capital/Financing Update 2017

May 4, 2017

3900_10-q_2017-05-04_0fde0e44-50ea-49b5-9175-8b6639d2e54c.pdf

Capital/Financing Update

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Disclosure of Publicly Traded Bond Details Pursuant to U.S. Treasury Regulations Section 1.1273-2(f)(9)

Anheuser-Busch InBev SA/NV (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) - High-Coupon Exchange Offer, April 6, 2017 & April 20, 2017

On April 6, 2017, Anheuser-Busch InBev Worldwide Inc. (the "Issuer") issued the series of notes (the "Notes") identified below, which series the Issuer reopened for an additional issuance on April 20, 2017. The Notes issued on April 6, 2017 and April 20, 2017 are fully fungible and form a single series for purposes of U.S. federal income tax. The Issuer has determined that the Notes are "traded on an established securities market" within the meaning of U.S. Treasury Regulations Section 1.1273- 2(f)(9). With respect to debt instruments "traded on an established securities market", the issue price will equal the fair market value of the debt instruments on the issue date for U.S. federal income tax purposes. The Issuer has determined the issue price of the Notes (expressed as a percentage of par) to be stated below, and each such issue price has been determined by the Issuer to be equal to the closing price on April 7, 2017 of the Notes, plus accrued interest thereon.

Title of Series of Notes CUSIP Numbers Fair Market Value / Issue
Price
4.439% Notes due 2048 035240 AH3 101.162
U03597 AQ1

Investors are encouraged to consult their own tax advisors regarding their particular consequences relating to the Notes.

Press Release

Brussels / 2 May 2017 / 10:00 PM CET

Contacts

Marianne Amssoms Tel: +1-212-573-9281 E-mail: [email protected]

Kathleen Van Boxelaer Tel: +32-16-27-68-23 E-mail: [email protected]

Media Investors

_________________________________________________________

Henry Rudd Tel: +1-212-503-2890 E-mail: [email protected]

Mariusz Jamka Tel: +32-16-27-68-88 E-mail: [email protected]

Lauren Abbott Tel: +1-212-573-9287 E-mail: [email protected]

Fixed Income Investors

Gabriel Ventura Tel: +1-212-478-7031 E-mail: [email protected]

About Anheuser-Busch InBev

Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary listings on the Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts on the New York Stock Exchange (NYSE: BUD). Our Dream is to bring people together for a better world. Beer, the original social network, has been bringing people together for thousands of years. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest natural ingredients. Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®, Corona® and Stella Artois®; multi-country brands Beck's®, Castle®, Castle Lite®, Hoegaarden® and Leffe®; and local champions such as Aguila®, Antarctica®, Bud Light®, Brahma®, Cass®, Chernigivske®, Cristal®, Harbin®, Jupiler®, Klinskoye®, Michelob Ultra®, Modelo Especial®, Quilmes®, Victoria®, Sedrin®, Sibirskaya Korona® and Skol®. Our brewing heritage dates back more than 600 years, spanning continents and generations. From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser & Co brewery in St. Louis, US. To the creation of the Castle Brewery in South Africa during the Johannesburg gold rush. To Bohemia, the first brewery in Brazil. Geographically diversified with a balanced exposure to developed and developing markets, we leverage the collective strengths of approximately 200,000 employees based in more than 50 countries worldwide. For 2016, AB InBev's reported revenue was 45.5 billion USD (excluding JVs and associates).

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English, Dutch and French versions of this press release will be available on www.ab-inbev.com.