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Anheuser-Busch Companies, Inc. traces its roots to 1852 and the Bavarian Brewery in St. Louis. The struggling brewery was acquired by Eberhard Anheuser, a successful soap manufacturer, in 1860. Anheuser had no experience in the brewing business, but his son-in-law did. Adolphus Busch, a successful German businessman, joined his father-in-law in the business in the 1860s and took on increasing responsibility. Through new technologies and modern marketing practices, he transformed the local brewery to an industry leader.

Anheuser-Busch InBev is the leading global brewer and one of the world’s top five consumer products companies. For 2009. Anheuser-Busch InBev generated revenues of 36.8 billion USD. With a dream to become The Best Beer Company in a Better World, the company has a strong, balanced portfolio. With four of the top ten selling beers in the world, Anheuser-Busch InBev holds the No. 1 or No. 2 position in 19 key markets. It has a key presence in both developed and developing markets. Headquartered in Leuven, Belgium, Anheuser-Busch InBev leverages the collective strength of approximately 116,000 people based in operations in 23 countries across the world. The company works through six operational Zones; North America, Latin America North, Latin America South, Western Europe, Central & Eastern Europe, and Asia Pacific, allowing our consumers around the world to enjoy our beers.

The year 2009, in addition to seeing the conclusion of our Third Group Medium-Term Management Plan, marks the 120th anniversary of Asahi Breweries’ forerunner, and the 60th anniversary of the Company’s founding. As such, we remain committed to business initiatives, particularly in alcoholic beverages but also, of course, in soft drinks, food and pharmaceuticals, and overseas, that will encourage further Group growth and profitability. As in the past, the Asahi Breweries Group will continue to greatly value opportunities to interface with customers, taking to heart the customer feedback received in a never-ending cycle of management reform. In all corporate activities, be assured that respect for the customer’s viewpoint and the spirit of Asahi will always remain key considerations in the actions of each corporate officer and employee. Your support will be vital to the success of the Asahi Breweries Group as we boldly face the challenges that lie ahead this year.

Listed on the Singapore Exchange, Asia Pacific Breweries Limited (APB) is one of the key players in the beer industry. A joint venture between the Fraser and Neave Group of companies and Heineken International, APB was established as Malayan Breweries Limited (MBL) in 1931. It went on to open its first brewery in Singapore and launched the award-winning Tiger Beer a year later. To more accurately reflect the growing regionalisation of its business interests, MBL was renamed Asia Pacific Breweries Limited in 1990. Today, APB oversees a portfolio of over 40 beer brands and brand variants, including Tiger Beer, Heineken, Anchor and ABC Stout. The group operates an extensive global marketing network, which spreads across some 60 countries and is currently supported by breweries in countries including Singapore, Cambodia, China, Indonesia, Laos, Malaysia, Mongolia, New Caledonia, New Zealand, Papua New Guinea, Sri Lanka, Thailand, and Vietnam.

Since its listing, with the enthusiasm and support of the Beijing Municipal Government and various sectors in Hong Kong, Beijing Enterprises has successfully adhered to the mission of maximizing shareholders' interests. Leveraging on Beijing's edges and through the convergence of both the resources in Beijing and Hong Kong, we insist in a proactive and steady direction of operation as well as prudent and focused investment strategies. The scale of its businesses and assets are gradually expanding with improving operating results. Our strength as a whole enhanced significantly. Since 2004, Beijing Enterprises actively traces the changes of market orientation, reform in the state-owned assets administration system, and the progress of market-oriented operations for public utilities. We have established the market positioning of "an integrated public utilities company with municipal energy services as the core business segment" and created the overall strategic mission as "the major entity and the investment and financing platform under the Beijing Municipal Government for the operation and administration of infrastructure and public utilities". We have initiated the joint reorganization of Beijing Gas Group, and divested non-core business segments at an extensive scale. Through more than three years of uninterrupted dedication and devotion, Beijing Enterprises preliminarily achieved the strategic transformation from a conglomerate to a professional public utilities company.

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