MEXICO CITY, July 14, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Grupo Modelo, S.A.B. de
C.V. and Subsidiaries (GMODELOC), the leading brewer in Mexico, today
announced that in light of the proposed transaction between Anheuser-Busch
(NYSE: BUD) and InBev (EURONEXT: INB), Grupo Modelo has advised both parties
that it is reserving its contractual rights. Under its agreements with
Anheuser-Busch, Grupo Modelo has certain rights with respect to the potential
transaction between InBev and Anheuser-Busch, including a consent right. Grupo
Modelo noted that it has been in active discussions with InBev regarding how
the two companies can work together should Grupo Modelo consent to InBev
becoming a minority owner of Grupo Modelo through its acquisition of
Anheuser-Busch.

Grupo Modelo released the following comment:

Our agreement with Anheuser-Busch was carefully constructed to ensure we
have a definitive say in who our partner is. We are confident that our
agreement, which is governed by Mexican law, gives us the right to decide
whether or not to consent to the potential acquisition of Anheuser-Busch by
InBev. We have a great deal of respect for InBev and look forward to
continuing our discussions with them and hope to find a resolution that meets
the needs of both companies and their stakeholders.

About Grupo Modelo

Grupo Modelo, founded in 1925, is the leader in Mexico in beer production,
distribution and marketing, with 63.0% of the total (domestic and export)
market share, as of December 31, 2007. It has seven brewing plants in Mexico,
with a total annual installed capacity of 60 million hectoliters. Currently,
it brews and distributes 12 brands, including Corona Extra, the number one
Mexican beer sold in the world, Modelo Especial, Victoria, Pacifico and Negra
Modelo. It exports five brands and is present in 159 countries. It is the
importer of Anheuser-Busch's products in Mexico, including Budweiser, Bud
Light and O'Doul's. It also imports the Chinese Tsingtao brand and the Danish
beer Carlsberg. Through a strategic alliance with Nestle Waters, it produces
and distributes in Mexico the bottled water brands Santa Maria and Nestle
Pureza Vital, among others. Grupo Modelo trades in the Mexican Stock Exchange
since 1994 with the ticker symbol GMODELOC. It also quotes as an ADR under the
ticker GPMCY in the OTC markets and in Latibex in Spain as XGMD.

    Modelo Contacts:

    Media contact:
    Jennifer Shelley
    (5255) 22660000 ext 6341
    comunicamodelo@gmodelo.com.mx

    Joele Frank/Kelly Sullivan
    Joele Frank, Wilkinson Brimmer Katcher
    (212) 335-4449

    Investor Relations contact
    Eduardo Zamarripa
    (5255) 22660000 ext 4708
    ir@gmodelo.com.mx

SOURCE Grupo Modelo, S.A.B. de C.V.

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