LUXEMBOURG, Aug. 1 /PRNewswire-FirstCall/ -- Quilmes Industrial (QUINSA) S.A. (NYSE:LQU) ("Quinsa" or the "Company") announced today as provided for by article 5 "Share Capital" of the articles of incorporation, Class A shareholders have converted in aggregate 1,388,530 Class A shares into 138,853 new Class B shares and partly opted for the issuance of new ADR's. As a result of this conversion, the total number of shares has been reduced from 680,540,934 to 679,291,257 represented by 630,384,163 Class A shares and 48,907,094 Class B shares. ABOUT QUINSA Quinsa is a Luxembourg-based holding company that controls 93% of Quilmes International (Bermuda) ("QIB"). The remaining stake is held by Companhia de Bebidas das Americas - AmBev ("AmBev"). Quinsa, through QIB, controls beverage and malting businesses in five Latin American countries. Its beer brands are strong market leaders in Argentina, Bolivia, Paraguay and Uruguay and have a presence in Chile. Further, has entered into license and distribution agreements to produce and sell in Argentina, Bolivia, Chile, Paraguay and Uruguay AmBev and InBev brands. Similarly, under the agreements AmBev may produce and distribute Quinsa's brands in Brazil. The Company also has bottling and franchise agreements with PepsiCo, and thus accounts for 100% of PepsiCo beverage sales in Uruguay and more than 100% of PepsiCo beverage sales in Argentina. Quinsa's Class A and Class B shares are listed on the Luxembourg Stock Exchange (Reuters codes: QUIN.LU and QUINp.LU). Quinsa's American Depositary Shares, representing the Company's B shares, are listed on the New York Stock Exchange (NYSE:LQU). Quinsa's web address: http://www.quinsa.com/ DATASOURCE: Quilmes Industrial (Quinsa) S.A. CONTACT: Francis Cressall, Quilmes Industrial, +011-5411-4349-1846 Web site: http://www.quinsa.com/

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