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Overhead productivity - SABMiller

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Outlook (as presented at year-end)<br />

• Continued volume growth is achievable<br />

– Easter volumes encouraging<br />

– AB focus will deliver continued growth<br />

Interim results<br />

+6%<br />

+14%<br />

• Competitor activity<br />

– Plan actioned to counter post CWC<br />

availability<br />

• <strong>Overhead</strong> <strong>productivity</strong> planned<br />

– Distribution efficiencies<br />

<br />

+2.4%<br />

R4m so far

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