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Notice of Currency Exchange Rate Dividend No. 26
Anheuser-Busch InBev SA/NV
(Incorporated in the Kingdom of Belgium)
Register of Companies Number: 0417.497.106
Euronext Brussels Share Code: ABI
Mexican Stock Exchange Share Code: ANB
NYSE ADS Code: BUD
JSE Share Code: ANH
ISIN: BE0974293251
(“AB InBev” or the “Company”)
Notice of Currency Exchange Rate Dividend No. 26
AB InBev shareholders are referred to the announcement published on the Stock Exchange News Service of the
Johannesburg Stock Exchange (“JSE”) (“SENS”) on Thursday, 28 February 2019 and are advised that at the Annual
General Meeting of AB InBev shareholders held on Wednesday, 24 April 2019, the gross total dividend for the year
ended 31 December 2018 proposed by the board of directors of AB InBev, was approved.
Taking into account the gross interim dividend of €0.80 per share paid in November 2018, a gross amount of
€1.00 per share will therefore be payable as the final dividend (“the Dividend”).
The exchange rate applicable for the conversion of Euro to SA Rand for the Dividend will be €1.00 to
ZAR16.22750, as calculated at the close of business on Friday, 3 May 2019. Accordingly, the gross amount of
the Dividend is 1622.75000 SA cents per share and will be subject to a Belgian Withholding Tax of 30%
(equalling 486.82500 SA cents per share) which will be withheld from the gross Dividend paid to
shareholders.
After the Belgian Withholding Tax has been withheld, the net Dividend will be 1135.92500 SA cents per
share. This withholding tax is reduced to 15% in terms of the double tax treaty in force between Belgium and
South Africa. A rebate of the additional Belgian Withholding Tax of 15% which is withheld in Belgium must
be claimed by SA shareholders in accordance with the relevant reimbursement process noted in the
announcement published on SENS on Thursday, 28 February 2019.
The Dividend may also be subject to SA Dividends Tax at the rate of 20%, unless a shareholder qualifies for
an exemption. Any shareholder that receives a Dividend which is subject to SA Dividends Tax (i.e. where no
exemption is available) will qualify for a 15% rebate from SA Dividends Tax, being the Belgian Withholding
Tax of 15%.
The ultimate result is that the Dividend will be subject to a reduced Belgian Withholding Tax rate of 15% and
subject to SA Dividends Tax at a rate of 5% (unless a shareholder qualifies for an exemption from SA
Dividends Tax, in which case only Belgian Withholding Tax of 15% will be applicable).
ZAR cents
Gross amount of the Dividend 1622.75000
Less: 30% Belgian Withholding Tax 486.82500
Net Dividend after the deduction of the Belgian Withholding Tax 1135.92500
Less: 5% SA Dividends Tax 81.13750
Net amount of the Dividend 1054.78750
The Dividend timetable is as follows:
2019
Last day to trade on the Johannesburg Stock Exchange (JSE) to qualify for Monday, 6 May
the Dividend
Ex-Dividend on Euronext from the commencement of trading on Tuesday, 7 May
Ex-Dividend on the JSE from commencement of trading on Tuesday, 7 May
Record date on Euronext Wednesday, 8 May
Dividend payable (Euronext) Thursday, 9 May
Record date on the JSE Friday, 10 May
Dividend payable (SA) Monday, 13 May
No transfers of shareholdings to and from South Africa will be permitted between Monday, 6 May 2019 and
Friday, 10 May 2019 (both dates inclusive). No dematerialisation or rematerialisation orders will be
permitted between Tuesday, 7 May 2019 and Friday, 10 May 2019 (both dates inclusive).
The Dividend is payable in SA Rand to shareholders whose shares are traded on the JSE and held through
Central Securities Participants and brokers. Shareholders who are in any doubt as to their tax position should
seek independent professional advice.
6 May 2019
JSE Sponsor:
Questco Corporate Advisory Proprietary Limited
Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary listings
on the Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts on
the New York Stock Exchange (NYSE: BUD).
Date: 06/05/2019 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
