E-Malt.com News article: 3161

Brasil, Sao Paulo: Companhia de Bebidas das Americas (“AmBev”) announced on August 30 the definition of some changes in the company’s management structure following the closing of the combination between AmBev and InBev. AmBev will have two Co-Chief Executive Officers, Carlos Brito for North America and Luiz Fernando Edmond for Latin America, both reporting to the AmBev Board based in Brazil. Mr. Brito joined AmBev in 1989, where he held various positions in finance, operations, and sales, before being appointed CEO in January 2004. Mr. Edmond is the current Sales Officer of the Company. He joined the company in 1990 in the first group of trainees and held a number of positions in the distribution, commercial and operations areas. The two Co-Chief Executive Officers will also be members of the InBev Executive Board of Management led by John Brock. Luis Felipe Dutra Leite will assume the position of Chief Financial Officer of InBev. Mr. Dutra joined the company in 1990, in its finance department, and was appointed to his current position as Chief Financial Officer of AmBev in 2000. Mr. Dutra will be replaced by Joao Castro Neves, currently AmBev?s Non-Alcoholic Beverages Officer. Mr. Castro Neves joined the company in 1996, where he held a number of positions in the finance department, including head of mergers and acquisitions. Claudio Garcia has been appointed Chief IT and Services Officer of InBev. Mr. Garcia joined AmBev as a trainee in 1991 and held various positions in finance and operations before being appointed to his current positions as IT and Shared Services Officer of AmBev in 2002. All announced changes in management will be effective from January 1, 2005. The company expects to announce successors to the positions opened as a result of management changes in due course.

01 September, 2004