Chile, Santiago: Compañía Cervecerías Unidas S.A. (CCU) reported on January 7, 2005 preliminary fourth quarter 2004 consolidated volumes. According to the preliminary data, CCU sold about 3,807,485 hl of beer in Chile during 2004 up 2.4% versus 2003 and 2,101,188 hl of beer in Argentina, 10.4% increase versus 2003.

In the fourth quarter year 2004 CCU registered 1,266,798 hl of beer sales in Chile, up 4.2% against 2003. In Argentina CCU sold 694,971 hl of beer in Q4, 5.7% up.

CCU plans to release its consolidated fourth quarter results by the first week of February. CCU is a diversified beverage company operating principally in Chile and Argentina. CCU is the largest Chilean brewer, the second-largest Argentine brewer, the third-largest Chilean soft drink producer, the second-largest Chilean wine producer, the largest Chilean mineral water producer, the third player in the pisco business and also participates in the confectionery industry in Chile. The Company has licensing and/or joint venture arrangements with Heineken Brouwerijen B.V., Anheuser-Busch Companies Inc., PepsiCo Inc., Paulaner Brauerei AG, Schweppes Holdings Limited and Watt’s Alimentos S.A.

12 January, 2005