By the end of the year on December 30, Interbrew, The World's Local Brewer©, announced that its acquisition of Brauergilde Hannover AG has closed, fully in accordance with the previously announced terms and conditions. In compliance with the German Take-over Act, a wholly-owned German subsidiary of Interbrew has announced mandatory offers for the remaining shares of Gilde Brauerei AG, Hanover, and Hofbrauhaus Wolters AG, Braunschweig. The terms of the mandatory offers will be set forth in the respective offer documents after clearance of the publication by the German financial services regulator.

"We are pleased that our acquisition of Gilde Brauerei has now been closed", said Dieter Ammer, Regional President Germany, Southern Europe & Export. "The Gilde brands will considerably strengthen our German platform and enhance the product offering to our consumers."

03 January, 2003