The Dutch brewer, Royal Grolsch N.V., plans to appoint Messrs. A.J. Pasman and R. Snel as members of its Executive Board on 2 September 2003. Mr. J. Troch, the current Executive Board Chairman, will resign on 27 April 2004 on reaching the age of retirement. Mr. Pasman is his envisaged successor as Chairman of the Executive Board.

Mr. Ab J. Pasman is 53 and has worked for Royal Philips Electronics since 1974. He is currently Executive Vice President of the Domestic Appliances and Personal Care Division. Mr. Pasman has broad national and international experience in the field of consumer goods. As soon as Mr. Troch steps down, Mr. Pasman will take over as Chairman of the Executive Board and will also hold specific responsibility for the Dutch activities.

Mr. Rob Snel is 52 and has been employed at Grolsch for more than 18 years. He is currently president of Grolsch International B.V., responsible for Grolsch’s international activities. He will also hold responsibility for the international activities as a member of the Executive Board.
In 2004, Mr. J. Troch will reach the age of 62, the retirement age at Grolsch. Mr. Troch will step down on 27 April 2004, at the General Meeting of Shareholders announced for that date.

The Executive Board currently has two members, Mr. Troch (Chairman) and Mr. Tromp (Accounting and Finance). After the proposed appointments and Mr. Troch’s retirement, the Executive Board will have three members: Mr. Ab J. Pasman (Chairman, Netherlands portfolio), Mr. Paul M.M. Tromp (Accounting and Finance portfolio) and Mr. Rob Snel (international portfolio).

18 April, 2003