SENS ANNOUNCEMENT (the “Notice” or “Announcement”) ISSUER ZAMBIAN BREWERIES PLC (“ZAMBREW”) [Incorporated in the Republic of Zambia] Company registration number: Share Code: ISIN: Authorised by: 31609 ZAMBREW ZM0000000078 Deborah Bwalya – Company Secretary SPONSOR Stockbrokers Zambia Limited [Member of the Lusaka Stock Exchange] [Regulated and licensed by the Securities and Exchange Commission of Zambia] Contact Number: Website: +260-211-232456 www.sbz.com.zm APPROVAL The captioned Notice or Announcement has been approved by: i. the Lusaka Stock Exchange ii. the Securities and Exchange Commission iii. Stockbrokers Zambia Limited RISK WARNING The Notice or Announcement contained herein contains information that may be of a price sensitive nature. Investors are advised to seek the advice of their investment advisor, stockbroker, or any professional duly licensed by the Securities and Exchange Commission of Zambia to provide securities advice. FIRST ISSUED: 19 December 2014 ZAMBIAN BREWERIES PLC [“ZAMBREW”] [Incorporated in the Republic of Zambia] Company registration number: 31609 Share Code: ZAMBREW ISIN: ZM0000000078 NOTICE OF CHANGE OF DIRECTORATE The Board of Directors of Zambian Breweries wishes to announce the departure of Mr. Anele Malumo as Managing Director of Zambian Breweries PLC (“Zambian Breweries” or the “Company”), with effect from 1st December, 2014 and the appointment of Annabelle Degroot, currently the Finance Director of the Company, as the Managing Director with effect from the 17 December 2014. Mr. Malumo is taking up a Group role based in South Africa managing the SABMiller Africa Opaque beer operations. The Board also announces other recent changes in the Directorate of the Company resulting from the recent SABMiller group “One Africa” reorganisation.  The resignation of Mr Gert Nel from the Board with effect from 6th June, 2014. Mr. Nel went on to take up another role within the group.  The appointment of Mr Brian Hirsch to the Board with effect from 9th June 2014.  The resignation of Mr Trevor Sanderson with effect from 3rd October, 2014. Mr. Sanderson went on to take up another role within the group.  The appointment of Wayne McCauley to the Board with effect from 9th October, 2014.  The Board would like to thank the outgoing board members for their services to the Company and wishes all new appointees success in their new designations. Issued by Zambian Breweries PLC. Deborah Bwalya Company Secretary Lusaka, Zambia – 19 December 2014 LUSAKA STOCK EXCHANGE SPONSORING BROKER STOCKBROKERS ZAMBIA LIMITED [MEMBER OF THE LuSE and REGULATED BY THE SECURITIES AND EXCHANGE COMMISSION OF ZAMBIA] T: +260-211-232456 W: www.sbz.com.zm First issued 19 December 2014