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

HEINEKEN NV : 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

·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:

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


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information contained therein.

Source: HEINEKEN NV via Thomson Reuters ONE
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