SABMiller plc announced that its Chief Executive Alan Clark has replaced Graham Mackay as SABMiller’s representative on the board of Anadolu Efes Biracilik ve Malt Sanayii A.S. with effect from 21 May 2013.

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, sales was TRY 1,698.1 million against TRY 772.6 million a year ago. Consolidated sales volume was up from 5.2 million in the same period of 2012, due to the significant contribution of soft drinks operations following its full consolidation into Anadolu Efes' financials as of first quarter of 2013. Profit from operations was TRY 2,780.8 million against TRY 75.6 million a year ago. Profit before tax from continuing operations was TRY 2,728.1 million against TRY 131.8 million a year ago. Net income attributable to equity holders of the parent was TRY 2,591.8 million against TRY 103.0 million a year ago. EBITDA was TRY 222.2 million against TRY 158.5 million a year ago. Operating profit (BNRI) increased significantly from TRY 75.6 million to TRY 2,780.8 million in first quarter of 2013, mainly due to the change in the scope of consolidation of CCI leading to a one-off other income of TRY 2,722.2 million. On a proforma basis, operating profit (BNRI) rose significantly to TRY 2,780.8 million in the first quarter of 2013 from TRLY 20.6 million in the first quarter of 2012 again due to the significant one-off other income resulting from the scope change in the consolidation of CCI despite higher per liter operating expenses in all operating segments. On a proforma basis, consolidated EBITDA (BNRI) declined to TRY 222.2 million in the first quarter of 2013 from TRY 274.9 million in the same quarter of 2012. Net Sales were down by 1.7% on reported basis and 25.9% on pro forma basis. Despite the price increases, the change in mix, which also includes the loss of Holsten, had partial reflection of excise tax into the prices has created a slightly higher decrease in net sales, compared to volume decline. Free cash flow is $165 million, which is the minority buyout from Kazakhstan.

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi, Annual General Meeting, May 21, 2013.