To be a

Leading Brewery Group

in the

Asia Pacific Region

FY 2010

Revenue SGD2.5B

PBIT SGD500M

APBE SGD261M

ANP SGD263M

Market Capitalisation SGD6.6B

ROE 24.1%

PBIT Margin 20%

Gross Dividend Yield 3.8%

FINANCIAL RATIOS FY 2010 (Oct 2009 – Sept 2010)

S$’million

REVENUE

1,526.31,783.6 1,997.9 1,999.1

2,511.1

0.0

500.0

1,000.0

1,500.0

2,000.0

2,500.0

3,000.0

2006 2007 2008 2009 2010

CAGR - 13%

PROFIT BEFORE INTEREST AND TAX

249.7255.2

277.7

316.2

500.1

0.0

100.0

200.0

300.0

400.0

500.0

2006 2007 2008 2009 2010

CAGR - 19%

S$’million

ATTRIBUTABLE PROFIT BEFORE

EXCEPTIONAL ITEMS

131.6 132.6

131.9

158.0

261.0

0.0

50.0

100.0

150.0

200.0

250.0

300.0

FY 2006 FY 2007 FY 2008 FY 2009 FY 2010

CAGR - 19%

S$’million

+394%

PBIT IN 1989 PBIT IN 2010

REGIONAL EARNINGS PROFILE

PBIT CONTRIBUTORS BY OPERATIONS

1%1% 4%

6%

11%

16%

16%

48%

Indochina

ThailandMongolia Malaysia

New Zealand

Indonesia &

New Caledonia

Singapore

Papua New

Guinea

FY2010

8

Region Position in 2010

Southeast Asia (Singapore, Indonesia, Malaysia,

Vietnam, Cambodia, Laos & Thailand)No. 2 in Southeast Asia;

Oceania ( New Caledonia, New Zealand,

Papua New Guinea)

No. 1 in the Pacific islands;

No. 3 in New Zealand

North Asia (China & Mongolia)

South Asia (Sri Lanka)Not meaningful

4TH IN ASIA’S PROFIT POOL (EX-JAPAN)

Note: Position is based on PBIT by regional businesses in FY2010

• Political Stability

• Rising GDP

• Growing population in Asia Pacific region

GROWTH DRIVERS

• Established extensive footprint in Asia Pacific

• Leading Brands i.e. Tiger, Heineken

• Portfolio of Regional Beer e.g. Larue, Bintang, Bivina, Gold Crown, Tui, Monteith’s, Number One

• Commercial Excellence & Perfect Execution

BUSINESS MODEL

Interest in 30 brewery

operations in

14 markets in

Asia Pacific

EXTENSIVE FOOTPRINT

• Widest of any international brewer to harness growth

prospects of Asian economies

• Strategically located in the Asia Pacific region

Most recent additions are Indonesia, New Caledonia

and Solomon Islands

• Continue to forge strategic partnerships and alliances

EXTENSIVE FOOTPRINT

• 40 international, regional and local beer brands

Emphasis on quality production for all brands

Satisfying an increasingly diverse consumer base in

Asia

Product range encompasses all tastes and price

points

WINNING PORTFOLIO

LEADING INTERNATIONAL BRANDS

Tiger

• Brewed in 10 countries and

enjoyed by millions in 60 markets

worldwide

• Popular in Asian markets; appeal

as a Fare Eastern brand in the

West

Heineken

• Leading international premium

beer that is available in over 170

countries globally

• Brewed and marketed by APB in

eight Asian markets

WINNING PORTFOLIO

• Bintang in Indonesia

• Number One in New Caledonia

• SP Lager & South Pacific Export Lager , Niugini Ice

in Papua New Guinea

BREWER OF LOCAL FAVOURITES

WINNING PORTFOLIO

• Tui & Monteith’s in New Zealand

• Anchor variants in Hainan

BREWER OF LOCAL FAVOURITES

WINNING PORTFOLIO

• Cheers in Thailand

• Sengur & Jalam Khar in

Mongolia

• Solbrew in Solomon Islands

BREWER OF LOCAL FAVOURITES

WINNING PORTFOLIO

• Gold Crown & ABC Stout in Cambodia

• Larue in Vietnam

BREWER OF LOCAL FAVOURITES

WINNING PORTFOLIO

“Achieving sustainable,

profitable growth across APB

brands”

• Commitment to people

development

• Excellence in execution -

speed and quality

• Strategies and plans that

leverage insight and brands

• Derive actionable Insight into

each market driver

consumers

channelscustomers

shoppersroutes to

market

Sustainable

& Profitable

Growth

• Utilising a structured approach

and consistent processes Commercial Excellence

COMMERCIAL EXCELLENCE

SUSTAINABLE GROWTH AHEAD

• Organic growth from our existing operations Strategic brand investments, marketing excellence & product

innovation

Further strengthen sales and distribution network

Capacity enhancements in line with demand growth

• Explore further acquisitions, investments and strategic alliances

• Enlarge global market network Continually seed new markets to expand the global footprint of Tiger

Enhance its appeal as a premium Asia beer import, especially in strategic markets of USA and Europe