The board of directors of San Miguel Brewery Hong Kong Limited announced that Mr. Takeshi Wada has been appointed as non-executive director of the company with effect from 19 April 2013. Mr. Wada, aged 52, is a Director of Sales Department of Heineken Kirin K.K since 2009. The Board also announced that Mr. Taro Matsunaga has resigned as non-executive director of the company with effect from 19 April 2013 due to other business engagements which require more of his dedication. The Board announces that Mr. Romulo L. Neri has resigned as Adviser to the Board of the Company with effect from 19 April 2013 due to other business engagements which require more of his dedication.

San Miguel Brewery Hong Kong Ltd., Special/Extraordinary Shareholders Meeting, Apr 19, 2013., at 15:45 China Standard Time. Location: Island Ballroom, Level 5, Island Shangri-La Hong Kong. Agenda: To consider the amendment agreement entered into between San Miguel Corporation and the company, and confirmed and the revised sales cap for the year ending 31 December 2013 in respect of the maximum annual aggregate value under the Beverage Sales for the year ending December 31, 2013 and the directors be authorised on behalf of the company to sign, seal, execute, perfect, deliver and do all such documents, deeds, acts, matters; and to consider the agreement entered into between San Miguel Corporation and the company and the proposed annual caps in relation to the transactions contemplated under the New Agreement for each of the three financial years ending December 31, 2014, 2015 and 2016 and the directors of the company be and are hereby authorised on behalf of the company to sign, seal, execute, perfect, deliver and do all such documents, deeds, acts, matters.

San Miguel Brewery Hong Kong Ltd. reported consolidated cash flow results for the year ended December 31, 2012. For the year, the company reported net cash used in operating activities of HKD 40,065,000 compared to HKD 78,505,000 for the same period a year ago. Payment for the purchase of fixed assets was HKD 14,157,000 compared to HKD 15,409,000 a year ago. Payment for the purchase of other tangible assets was HKD 1,031,000 compared to HKD 5,839,000 for the same period a year ago.