Asia Pacific Breweries Limited - Notice of Annual General Manager

Notice is hereby given that the Sixty-seventh Annual General Meeting of Asia Pacific Breweries Limited will be held at Level 2, Alexandra Point, 438 Alexandra Road, Singapore 119958 on Tuesday 20 February 2001 at 10.00am for the following purposes:-

Routine Business

1. To receive and adopt the report of the directors and accounts for the year ended 30 September 2000.

2. To approve a final dividend of nine (9) cents per share, being after deduction of Singapore tax, in respect of the year ended 30 September 2000.

3. To pass the following resolutions in respect of appointments of Directors:-

(a) "That pursuant to Section 153(6) of the Companies Act, Cap. 50, Dr Michael Fam be and is hereby re-appointed as a Director of the Company to hold such office until the next Annual General Meeting of the Company."

(b) "That Mr Lee Yong Siang who retires by rotation be and is hereby re-appointed as a Director of the Company." Subject to his re-appointment, Mr Lee will be re-appointed as Chairman of the Audit Committee.

(c) "That Mr Koh Poh Tiong who retires by rotation be and is hereby re-appointed as a Director of the Company."

4. To approve directors fees of $220,000 payable by the Company for the year ending 30 September 2001 (2000 - $220,000).

5. To appoint auditors for the ensuing year and authorise the directors to fix their remuneration.

Special Business

6. To consider and, if thought fit, to pass the following Resolution which will be proposed as Ordinary Resolutions, with or without any modifications:-

"That approval be and is hereby given to the Directors to offer and grant options in accordance with the regulations relating to the Asia Pacific Breweries Ltd Executives Share Option Scheme (the "Scheme") and to allot and issue from time to time such number of ordinary shares in the capital of the Company as may be required to be issued pursuant to the exercise of options under the Scheme."

Other

7. To transact any other business which may properly be brought forward.

By Order of the Board
I A MacLean
Company Secretary

Singapore, 5 February 2001

A member of the company entitled to attend the meeting and vote is entitled to appoint a proxy to attend and vote instead of him; a proxy need not be a member of the company. The instrument appointing a proxy (a form is enclosed) must be deposited with the company secretary at the registered office not less than 48 hours before the time appointed for holding the meeting.