SABMiller and Molson Coors Announce MillerCoors Leadership Team

Business Wire, June 9, 2008

LONDON & DENVER -- SABMiller plc (SAB.L) and Molson Coors Brewing Company (NYSE: TAP; TSX) today announced the MillerCoors leadership team. As previously announced, Leo Kiely, current CEO of Molson Coors, will be the CEO of MillerCoors; Tom Long, current CEO of Miller Brewing Company, will serve as President and Chief Commercial Officer; Tim Wolf, current CFO of Molson Coors, will be the Chief Integration Officer; and Gavin Hattersley, current Senior Vice President of Finance at Miller, will be the Chief Financial Officer.

In addition, the following appointments to the MillerCoors leadership team will become effective upon the closing of the transaction, which is expected to take place June 30, 2008.

* Tom Cardella, Eastern Division President

* Ed McBrien, Western Division President

* Andy England, Chief Marketing Officer

* Dennis Puffer, Chief Operations Officer

* Karen Ripley, Chief Legal Officer

* Jeanine Wasielewski, Head of Information Technology

* Cornell Boggs, Chief Responsibility and Ethics Officer

* Steve Woodward, Chief Human Resources Officer

* Chris Kozina, Chief of Staff

* Nehl Horton, Chief Communications and Government Affairs Officer

Leo Kiely's direct reports will include Tom Long, Tim Wolf, Gavin Hattersley, Dennis Puffer, Karen Ripley, Cornell Boggs, Steve Woodward and Chris Kozina. In addition, Jake Leinenkugel, President of the Jacob Leinenkugel Brewing Company, will report directly to Leo Kiely.

Tom Cardella, Ed McBrien, Andy England and Nehl Horton will report to Tom Long. In addition, chain accounts, the craft and imports division; distributor consolidation and sales services; revenue management; strategy and M&A and commercial planning will also report to Tom Long. The leaders of these functions will be named shortly.

Jeanine Wasielewski, Head of Information Technology will report to Tim Wolf. In addition, Kevin Self, Vice President of Integration and Synergies, and Scott Whitley, Vice President of Integration Planning, will report to Tim Wolf.

"People make it happen and I am very excited about this new team," said Mr. Kiely. "I believe this seasoned and diverse group of leaders is the best in the American beer business. Together, we will create a stronger, more competitive U.S. brewer, with an enhanced portfolio of brands, and the experience and passion needed to win.

"As we continue to name the next levels of leadership, we will tap into the great talent at both Miller and Coors. We have already begun planning the core elements of the integration process, including developing our corporate, sales and marketing structures so we will be able to hit the ground running on July 1st."

The Miller and Coors businesses will continue to be operated separately and in the ordinary course until completion of the transaction.

Transaction History and Key Facts

On October 9, 2007, SABMiller and Molson Coors Brewing Company announced that they had agreed to combine the U.S. and Puerto Rico operations of their respective subsidiaries, Miller and Coors, in a joint venture.

SABMiller and Molson Coors expect the transaction to generate approximately $500 million in annual cost synergies to be delivered in full by the third full financial year of combined operations. The transaction is expected to be earnings accretive to both companies in the second full financial year of combined operations.

SABMiller and Molson Coors will each have a 50% voting interest in the joint venture and have five representatives each on its Board of Directors. Based on the economic value of the contributed assets, SABMiller will have a 58% economic interest in the joint venture and Molson Coors will have a 42% economic interest.

Press Conference

The companies will host a press conference call and webcast today at 10:00 a.m. ET to discuss MillerCoors and the leadership team announcement. To access the call, participants can dial 866-710-0179 in the U.S. or 334-323-7224 internationally and enter the following pass code: 574235. The live and archived audio webcast will be available at www.sabmiller.com and www.molsoncoors.com.

Overview of SABMiller

SABMiller plc is one of the world's largest brewers with brewing interests or distribution agreements in over 60 countries across six continents. The group's brands include premium international beers such as Miller Genuine Draft, Peroni Nastro Azzurro, Grolsch and Pilsner Urquell, as well as an exceptional range of market leading local brands. Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world. In the year ended 31 March 2008, the group reported $ 3,639 million adjusted pre-tax profit and revenue of $ 21,410 million. SABMiller plc is listed on the London and Johannesburg stock exchanges.

For more information on SABMiller plc, visit the company's website: www.sabmiller.com.

Overview of Molson Coors

Molson Coors Brewing Company is one of the world's largest brewers. It brews, markets and sells a portfolio of leading premium quality brands such as Coors Light, Molson Canadian, Molson Dry, Carling, Coors, and Keystone Light throughout North America, Europe and Asia. It operates in Canada, through Molson Canada; in the US, through Coors Brewing Company; in the U.K. and Ireland, through Coors Brewers Limited. For more information on Molson Coors Brewing Company, visit the company's Web site, http://www.molsoncoors.com.