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United Breweries Ltd has informed BSE that issue of 2,40,04,825 fully paid equity shares of Rs 1 each for cash at a price of Rs 177/- (including a share premium of Rs.176/-) per equity share aggregating to Rs 424,88,54,025 on rights basis to the existing equity shareholders of United Breweries Ltd (”the Company”) in the ratio of 1 (one) fully paid-up equity share for every 9 (nine) fully paid-up equity shares held on the record date, i.e. April 21, 2008, is closed on May 29, 2008.

United Breweries Holdings Ltd has announced the following Unaudited results for the quarter & year ended March 31, 2008:

The results for the Quarter ended March 31, 2008

The Company has posted a net profit after tax of Rs 138.50 million for the quarter ended March 31, 2008 as compared to Rs 223.70 million for the quarter ended March 31, 2007. Total Income has decreased from Rs 965.90 million for the quarter ended March 31, 2007 to Rs 960.30 million for the quarter ended March 31, 2008.

The results for the Year ended March 31, 2008

The Company has posted a net profit after tax of Rs 640.10 million for the year ended March 31, 2008 as compared to Rs 252.30 million for the year ended March 31, 2007. Total Income has increased from Rs 2783.90 million for the year ended March 31, 2007 to Rs 4191.00 million for the year ended March 31, 2008.

The figures for the year ended March 31, 2007 are Audited.

United Breweries Ltd has informed BSE that a Meeting of the Committee of Directors (CoD) of the Company will be held on April 05, 2008 to consider and approve pricing for issue of Equity Shares on “Rights” Basis to the existing Equity Shareholders of the Company.

United Breweries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 26, 2008, has approved payment of Dividend @ 3% on 17,283,000 ? Cumulative Redeemable Preference Shares ? Series ‘A’ of Rs 100 each (non-Convertible) and 7,407,000 ? Cumulative Redeemable Preference Shares ? Series ‘B’ of Rs 100 each at par (non-Convertible) to Scottish & Newcastle India Ltd.

United Breweries Ltd has informed BSE that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations :

“Provision has not been made in the accounts for possible loss arising on account of diminution in the value of long term investments in joint venture (having a carrying value of Rs 58.95 crores) which the management has considered temporary in nature, having possible impact on the financial results for the period, the extent of which cannot be currently ascertained.”