CREDIt RAtING OF ANADOLU EFES

Thousands of farmers today plant malting barley seeds and hops provided
by Anadolu Efes. The cultivated products are then purchased by the
Company and converted into malt in its own facilities.
Given the fluctuations in raw material prices and crop yields, the strategic
importance of Anadolu Efes’ investments in Turkish agriculture and stateof-the-art
production facilities are demonstrated again and again each day.
Anadolu Efes has transferred its know-how and experience gained from
its beer operations in Turkey to overseas markets and accelerated the
Company’s growth further.
Conducting its international beer operations through its subsidiary, the
Netherlands-based EBI, Anadolu Efes is not only expanding the range of
its operations on an ongoing basis but also sustains its profitable growth
through the breweries it establishes in its operating markets and the strong
local brands it acquires.
The countries where the Company has based its operations include the
world’s most attractive beer markets that have fast-growth potential. The
beer consumption growth seen in Anadolu Efes’ operating markets, which
was far above growth rates in Europe and the world average, clearly speaks
to the felicity of these strategic investments.
Commencing its operations in Russia in 1999 with a single brewery and a total
production capacity of 1.5 mhl, EBI ranks fourth in the Russian market today.
EBI operates in Russia with a total of five breweries and five malteries located in
Moscow, Ufa, Rostov, Kazan and Novosibirsk. Efes Russia operations have a
total annual production capacity of 20.2 mhl of beer and 152,000 tons of malt.
EBI is the market leader in Kazakhstan where it operates two breweries and
has an annual production capacity of 22.4 mhl. EBI is also the market leader
in Moldova with an annual production capacity of 1.4 mhl. Similarly, EBI is
the market leader in Georgia with an annual production capacity of 1.2 mhl.
Last year, Einbecker Brauhaus AG commenced production of the “Efes
Pilsener” brand on a contract basis to be sold by Efes Deutschland GmbH,
a wholly owned subsidiary of Anadolu Efes established in Germany.
50