Strictly private & confidential November 10, 2004 Mr. William J. Kimmins Jr. Vice President and Treasurer Anheuser-Busch International Holdings, Inc. Chile II Limitada Dear Mr. Kimmins,Anheuser-Busch Companies, Inc. • November 12th, 2004 • Malt beverages
This Agreement (the “Agreement”), effective 10:00 a.m. Chilean time on November 11, 2004, will confirm the basis upon which Anheuser-Busch International Holdings, Inc. Chile II Limitada (“Client”) has irrevocably engaged Celfin, Gardeweg S.A., Corredores de Bolsa (“Celfin”), on an exclusive basis to act as placement agent and, subject to the conditions indicated herein, purchaser in connection with the Client’s sale offering of 63,695,333 shares (the “Shares”) of common stock of Compañía Cervecerías Unidas S.A. (“CCU”) in the Santiago Stock Exchange (the “Offering”).
