Corporate News

• The only Turkish company with Baa3 investment grade by Moody’s

  Moody’s Investors Service has today assigned a “Baa3” long-term issuer rating to Anadolu Efes with a “Stable” outlook. This rating reflects (1) the Company’s leading position in the Turkish market, with a ca. 85% volume share of the domestic beer market; (2) its strengthened position in Russia following the merger with SAB Miller’s Russian operations; and (3) the potential to extract synergies as well as the moderate debt/EBITDA leverage of between 2x and 3x for its core beer operations.

• Standard & Poor's upgrades Anadolu Efes's credid rating.

  International credit-rating agency Standard & Poor’s increased its long-term ratings on Anadolu Efes to investment grade 'BBB-' from 'BB+'. S&P’s rating increase is based on not only Anadolu Efes’ sound financial performance and free cash flow generation abilities, but also the improvement in the Company’s business risk profile following the acquisition of SABMiller’s operations in Russia and Ukraine. The agency raised Anadolu Efes’ business risk profile assessment to “adequate” from “satisfactory”.

• Turkey, Russia and Ukraine approved Anadolu Efes – SAB Miller Cooperation

  Anadolu Efes started to operate jointly with the company taken over from SABMiller. With the capital increase made, 24 % of the shares held by Anadolu Efes are transferred to SABMiller.

• 2009-2010 Sustainability Report of Efes is being announced..

  Efes reduced its carbon footprint by 11 %, energy consumption by 12 % and water consumption by 13 %. Starting from 2008, Efes reduced water consumption by 13 % and energy consumption by 12 %. Reducing the weight of nonreturnable glass bottle by 17 %, Efes marked an 11 % improvement in carbon footprint, compared to 2007. The goal of Efes is to consume 25 % less water, 14 % less energy and to reduce carbon footprint by 15 percent until 2015.

• Anadolu Efes / Efes Breweries International US$500 million Term Loan Facility

  Anadolu Efes Biracilik ve Malt Sanayii A.S. ("Anadolu Efes") and Efes Breweries International N.V. ("EBI"), have today successfully closed and signed a 3 year term US$ 500 million Term Loan Facility (the " Facility "), for which Citibank, N.A. (" Citibank ") and HSBC Bank plc ("HSBC") (the "Mandated Lead Arrangers" and "Bookrunners") have been jointly mandated to arrange. The Facility will be used for general corporate purposes including the refinancing of existing indebtedness.

• Efes Breweries International Became the Third Largest Brewer in Serbia-Montenegro

  Efes Breweries International N.V. (“EBI”), the Holland based subsidiary of Anadolu Efes, completed its acquisition of the 7 Septambar A.D. Zajecar Brewery (“Zajecar”) located in Zajecar, Serbia-Montenegro and purchased 64.4% stake through a tender offer.