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Breaking News

MillerCoors' Leadership

June 23, 2008

June 9/London and Denver/Business Wire -- SABMiller plc and Molson Coors Brewing Company 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; and Nehl Horton, chief communications and government affairs officer

Leo Kiely's direct reports will include Long, Wolf, Hattersley, Puffer, Ripley, Boggs, Woodward and Kozina. In addition, Jake Leinenkugel, president of the Jacob Leinenkugel Brewing Company, will report directly to Kiely.

Cardella, McBrien, England and Horton will report to 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 Long. The leaders of these functions will be named shortly.

Wasielewski will report to Wolf. In addition, Kevin Self, vice president of integration and synergies, and Scott Whitley, vice president of integration planning, will report to Wolf.

"People make it happen, and I am very excited about this new team," said 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.

From the June 23, 2008, Prepared Foods e-Flash

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