Heineken N.V. publishes combined pro forma financial information for APB and APIPL

Amsterdam, 8 February 2013 - Heineken N.V. ('HEINEKEN') today announced that it has substantially completed the provisional purchase price allocation of Asia Pacific Breweries Limited ('APB') and the non-APB assets held by Asia Pacific Investment Private Limited ('APIPL') (together 'the Acquired Businesses'), the sole control of which was acquired on 15 November 2012 ('the Acquisition'): · An unaudited provisional condensed opening balance sheet has been prepared as at 15 November 2012. In addition, HEINEKEN has compiled unaudited, pro forma condensed income information excluding exceptional items for the 12-month period ended June 2012; · Pro forma revenue of €1,534 million and EBIT (beia) of €419 million of the Acquired Businesses for the 12-month period ending June 2012; · The Acquisition is slightly EPS accretive to HEINEKEN  in year 1; · Recurring pre-tax cost synergies of approximately €25 million have been identified, phased broadly evenly in 2013 and 2014; · Average acquisition financing costs are approximately 2.3%; · The revaluation of HEINEKEN's previously held equity interest (PHEI) in the Acquired Businesses, results in a pre-tax €1.5 billion exceptional gain. This non-cash item will be recognised in HEINEKEN's full year 2012 results; · The acquisition of the 4.7% share in APB after 15 November 2012 will result in an estimated negative impact on equity of €246 million, of which €151 million will be reflected in HEINEKEN's 2012 balance sheet; · Following closing of the Mandatory General Offer ('MGO') on 31 January 2013, trading in APB shares has been suspended from 1 February 2013; · On 8 February 2013, HEINEKEN owns 100% of APIPL and directly and indirectly owns 99.6% of APB. The process of acquiring the remaining APB shares not already owned by HEINEKEN by way of compulsory acquisition is expected to complete on or around 18 February 2013. APB will then be delisted from the Singapore Stock Exchange; and · The integration of the Acquired Businesses into the HEINEKEN organisation is progressing well and in line with management plans. HEINEKEN will hold an analyst and investor conference call in relation to this announcement today at 10:00 am CET. The call will be audio cast live via the company's website at www.heinekeninternational.com/web+casts+ir.aspx, and will be available for download afterwards. Analysts and investors can dial-in using the following telephone numbers: Netherlands: +31 45 6316902 United Kingdom: +44 207 153 2027 United States: +1 480 629 9726 Press enquiries John Clarke E-mail: john.g.clarke@heineken.com Tel: +31-20-5239-355 John-Paul Schuirink E-mail: john-paul.schuirink@heineken.com Tel: +31-20-5239-355 Investor and analyst enquiries George Toulantas E-mail: investors@heineken.com Tel: +31-20-5239-590 Lucia Bergamini E-mail: investors@heineken.com Tel: +31-20-5239-590 Editorial information: HEINEKEN is a proud, independent global brewer committed to surprise and excite consumers with its brands and products everywhere. The brand that bears the founder's family name - Heineken® - is available in almost every country on the globe and is the world's most valuable international premium beer brand. The Company's aim is to be a leading brewer in each of the markets in which it operates and to have the world's most valuable brand portfolio. HEINEKEN wants to win in all markets with Heineken® and with a full brand portfolio in markets of choice. The Company is present in over 70 countries and operates more than 160 breweries with volume of 214 million hectolitres of group beer sold. HEINEKEN is Europe's largest brewer and the world's third largest by volume. HEINEKEN is committed to the responsible marketing and consumption of its more than 250 international premium, regional, local and specialty beers and ciders. These include Heineken®, Amstel, Anchor, Biere Larue, Bintang, Birra Moretti, Cruzcampo, Desperados, Dos Equis, Foster's, Newcastle Brown Ale, Ochota, Primus, Sagres, Sol, Star, Strongbow, Tecate, Tiger and Zywiec. Our leading joint venture brands include Cristal and Kingfisher. The number of people employed is around 78,000. Heineken N.V. and Heineken Holding N.V. shares are listed on the Amsterdam stock exchange. Prices for the ordinary shares may be accessed on Bloomberg under the symbols HEIA NA and HEIO NA and on the Reuter Equities 2000 Service under HEIN.AS and HEIO.AS. Most recent information is available on HEINEKEN's website: www.theHEINEKENcompany.com. Disclaimer: This press release contains forward-looking statements with regard to the financial position and results of HEINEKEN's activities. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond HEINEKEN's ability to control or estimate precisely, such as future market and economic conditions, the behaviour of other market participants, changes in consumer preferences, the ability to successfully integrate acquired businesses and achieve anticipated synergies, costs of raw materials, interest- rate and exchange-rate fluctuations, changes in tax rates, changes in law, pension costs, the actions of government regulators and weather conditions. These and other risk factors are detailed in HEINEKEN's publicly filed annual reports. You are cautioned not to place undue reliance on these forward-looking statements, which are only relevant as of the date of this press release. HEINEKEN does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of these statements. Market share estimates contained in this press release are based on outside sources, such as specialised research institutes, in combination with management estimates. Click here for the release incl. pro forma financial information: http://hugin.info/130667/R/1676468/546433.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: HEINEKEN NV via Thomson Reuters ONE [HUG#1676468]