Heineken N.V. Corporate Overview Heineken N.V. Tweede Weteringplantsoen 21 Amsterdam, Netherlands 1017 ZD Country: Netherlands Tel: 31-20-523-9239 Fax: 31-20-626-3503 Telex: 10501 heinb nl URL: www.heinekeninternational.com/ KeyIDSM Number: 89029 Quote Symbol: HEIA, HINKY Company Status: Active SEDOL: 7792559 ISIN: NL0000009165 Stock Exchange: Euronext Amsterdam Stock Exchange Auditor: KPMG D-U-N-S Number: 40-249-1757 Reporting Currency: EUR Managing Director/CEO: J F M L van Boxmeer Contents at a glance Company Web Links Industry Description Business Description Trade Names Financial Data Subsidiaries Major Shareholders Service Providers Statutory Details Company Web Links (Source: Reuters) Home Page News Releases Investor Relations Financial Information Corporate History/Profile Products/Services Company Contact/E-mail Industry Description US 1987 SIC Codes: 2082 - Malt beverages 5181 - Beer and ale wholesale Industry: Beverages (Alcoholic) UK 1992 SIC Codes: 15970 - Manufacture of malt Business Description (Source: Reuters) Heineken N.V. is an international brewer operating in over 170 countries through its own breweries, as well as through export and licensing partners. Europe accounts for over half of Heineken's sales volume. At December 31, 2003, Heineken owned over 115 breweries in more than 65 countries. The Company has a total of over 120 brands. Its principal international beer brands are Heineken and Amstel. The Heineken brand is the Company's flagship brand. In all its markets, Heineken is positioned in the premium segment, while Amstel is generally positioned in the mid-priced mainstream segment. Heineken can be found in more than 170 countries and Amstel can be found in over 100 countries. For the six months ended 30 June 2004, Heineken N.V's turnover increased 11% to EUR4.83B. Net profit for the period decreased 27% to EUR293M. Turnover benefited from an increase in sales of Heineken brand in the premium segment and higher sales volumes in the United States markets. Lower income reflects lower gross margins, higher staff costs and a rise in depreciation and amortization expenses. Business Description (Source: Graham & Whiteside) International brewery enterprise producing and distributing leading beer brands Trade Names (Source: Graham & Whiteside) Heineken, Amstel, Murphy's Irish Stout Financial Data (Source: Reuters) US $ EUR (MIL) (MIL) Total Sales 10,454.7 9,255.0 Total Assets 13,746.2 12,168.8 Net Income 976.0 864.0 Earnings Per Share 0.9 0.8 (EPS) Long-Term Debt 3,432.1 3,038.3 Total Liabilities 11,748.2 10,400.1 30.7% 68.3% 20.1% 3 Yr Growth 11.8% 32.5% -7.7% 20.1% -7.7% NA NA 61.1% 47.6% 1Yr Growth Other Data Items Employees: 61,271 Ticker: HEIA 31-Dec2003 Fiscal Year End: Financial Data (Source: Graham & Whiteside) Sales (Millions of US$) 11,432.4 Profit Before Taxes (Millions of 1,461.3 US$) Profit After Taxes (Millions of US$) 985.7 Assets (Millions of US$) NA Sales/Employee (US$) 186,587 Number of Employees 61,271 Financial Data (Source: Graham & Whiteside) Shares Outstanding:(MIL) # Shareholders: 490.0 13,644 Net turnover(2) Profit before tax Net profit Dividend Dividend per share Earnings per share Share capital Shareholders funds (1) 2002 figures have been restated for comparison purposes (2) including excise duties Subsidiaries (Source: Graham & Whiteside) (100% owned unless stated) FULLY CONSOLIDATED COMPANIES - Heineken Nederlands Beheer BV Heineken Brouwerijen BV Heineken Nederland BV Heineken Internationaal BV Heineken Technical Services BV Amstel Brouwerij BV Amstel Internationaal BV Vrumona BV Invebra Holland BV BV Beleggingsmij Limba BV Brand Bierbrouwerij BV Beheer- en Exploitatiemij Brand BV Heineken France (France) Heineken España SA (98.1%) (Spain) Heineken Italia SpA (Italy) Athenian Brewery (98.8%) (Greece) Brau Union AG (Austria) Grupa Zywiec SA (61.8%) (Poland) Heineken Ireland Ltd (Ireland) Amstel Brewery Hungary Inc (Hungary) Heineken Slovensko AS (Slovakia) Heineken Switzerland AG (Switzerland) Mouterij Albert NV (Belgium) Ibecor SA (Belgium) Affligem Brouwerij BDS NV (Belgium) LLC Heineken Brewery (Russia) Dinal LLP (97%) (Kazakhstan) Heineken USA Inc (USA) Antilliaanse Brouwerij NV (56.3%) (Netherlands Antilles) Karlovacka Pivovara dd (94.4%) (Croatia) Commonwealth Brewery Ltd (53.2%) (Bahamas) Windward & Leeward Brewery Ltd (72.7%) (St Lucia) 31.12.02(1) EUR'000 8,482,000 1,221,000 795,000 157,000 0.40EUR 2.03EUR 784,000 2,637,000 31.12.03 EUR'000 9,255,000 1,183,000 798,000 157,000 0.40EUR 2.04EUR 784,000 3,167,000 Cervecerias Baru-Panama SA (74.5%) (Panama) Nigerian Breweries Plc (54.2%) (Nigeria) Al Ahram Beverages Company (99%) (Egypt) Brasserie Almaza SAL (67%) (Lebanon) Brasseries, Limonaderies et Malteries Bralima Sarl (94.3%) (Congo) Brasseries et Limonaderies du Rwanda "Bralirwa" SA (70%) (Rwanda) Brasseries et Limonaderies du Burundi "Brarudi" SA (59.3%) (Burundi) Brasseries de Bourbon SA (85.6%) (Réunion) Ghana Breweries Ltd ((75.6%) (Ghana) Brasseries de Logone SA (Chad) PT Multi Bintang Indonesia Tbk (84.5%) (Indonesia) PROPORTIONALLY CONSOLIDATED COMPANIES - BrauHolding International AG (49.9%) (Germany) Zagorka Brewery AD (48.6%) (Bulgaria) Pivara Skopje AD (27.3%) (Macedonia) Brasseries du Congo SA (50%) (Congo) Asia Pacific Breweries (Singapore) Pte Ltd (42.2%) (Singapore) Shanghai Asia Pacific Co Ltd (40.9%) (PRC) Hainan Asia Pacific Brewery Ltd (42.2%) (PRC) South Pacific Brewery Ltd (31.9%) (PNG) Vietnam Brewery Ltd (25.3%) (Vietnam) Cambodia Brewery Ltd (33.7%) (Cambodia) DB Breweries (32.5%) (New Zealand) Compania Cervercerias Unidas SA (30.8%) (Chile) NON-CONSOLIDATED PARTICIPATIONS VALUED AT NET ASSET VALUE - Cervecerias Costa Rica SA (25%) (Costa Rica) Guinness Anchor Berhad (10.7%) (Malaysia) Thai Asia Pacific Brewery Co Ltd (14.8%) (Thailand) OTHER NON-CONSOLIDATED PARTICIPATIONS CARRIED AT COST - Namibia Breweries Ltd (14.5%) (Namibia) Cervejarias Kaiser Brasil SA (20%) (Brazil) Major Shareholders (Source: Graham & Whiteside) Heineken Holding NV (50.005%) Service Providers (Source: Graham & Whiteside) Banks: ABN AMRO Bank Statutory Details (Source: Dun & Bradstreet) Year of Incorporation Legal Status Quoted Status Registration Number 1873 Public Subsidiary Quoted Company 33011433000