AmBev Announces Volumes for the Second Quarter 2005 SAO PAULO, Brazil, July 14 /PRNewswire-FirstCall/ -- Companhia de Bebidas das Americas - AmBev announces the sales volumes for the second quarter 2005. Volumes per business unit were as disclosed in the table below, in thousands of hectoliters. The 14.3% growth in the Brazil Beer operations reflects AmBev's consistent market share recovery since December 2003, and a 9.6% growth in the Brazilian beer market in the 2Q05, according to ACNielsen. AmBev's beer market share in Brazil during the 2Q05 was 68.2% and as of June 2005 it was 67.9%. Sales volumes 2Q05 YTD 2005 (in 000 hl) Volume % Change Volume % Change Brazil Beer 13,889 14.3 % 28,794 13.6 % Soft Drinks 4,500 10.1 % 9,255 6.1 % Hispanic Latin America Beer 3,769 13.5 % 9,177 11.0 % Soft Drinks 2,438 8.6 % 5,397 12.4 % North America 3,095 -4.4 % 5,137 -5.9 % Total Beer 20,754 11.0 % 43,108 10.3 % Soft Drinks 6,938 9.6 % 14,652 8.3 % For additional information, please contact the Investor Relations Department: Pedro Aidar Vanessa Goes (5511) 2122-1415 (5511) 2122-1414 http://www.ambev-ir.com/ Our investor web site has additional Company financial and operating information, as well as transcripts of conference calls. Investors may also register to automatically receive press releases by email and be notified of Company presentations and events. Statements contained in this press release may contain information that is forward-looking and reflects management's current view and estimates of future economic circumstances, industry conditions, Company performance, and financial results. Any statements, expectations, capabilities, plans and assumptions contained in this press release that do not describe historical facts, such as statements regarding the declaration or payment of dividends, the direction of future operations, the implementation of principal operating and financing strategies and capital expenditure plans, the factors or trends affecting financial condition, liquidity or results of operations, and the implementation of the measures required under AmBev's performance agreement entered into with the Brazilian Antitrust Authority (Conselho Administrativo de Defesa Economica - CADE) are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. There is no guarantee that these results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. DATASOURCE: Companhia de Bebidas das Americas - AmBev CONTACT: Pedro Aidar, +5511-2122-1415, , or Vanessa Goes, +5511-2122-1414, Web site: http://www.ambev.com.br/ http://www.ambev-ir.com/

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