LQU Quilmes Ind Quinsa

Quilmes Industrial (Quinsa) Announces Volumes For The Fourth Quarter And Full Year 2004 LUXEMBOURG, Jan. 14 /PRNewswire-FirstCall/ -- Quilmes Industrial (Quinsa) S.A. (NYSE:LQU) today announced the volumes for the fourth quarter and full year 2004. Volumes for each business segment and percent change compared to the same period in 2003 were as disclosed in the table below: 4th Quarter 2004 Full Year 2004 Volume % Change Volume % Change ('000 hls) ('000 hls) Argentina Beer 3,351 1.2 (*) 10,481 5.2 Soft drinks & Other 2,060 13.7 6,490 10.0 Bolivia - Beer 668 15.2 2,143 16.3 Chile - Beer 126 6.8 380 (9.3) Paraguay - Beer 597 8.3 1,836 13.8 Uruguay Beer 237 16.7 593 33.3 Soft Drinks & Other 89 9.9 279 43.1 Intercompany (30) -- (57) -- TOTAL - Beer 4,949 4.1 15,376 7.8 TOTAL - Soft Drinks 2,149 13.5 6,769 11.0 (*) Percent change is calculated on restated volumes for the fourth quarter 2003. Thus, 24,000 hectoliters previously included as fourth quarter 2003 volume sales were restated as third quarter 2003 volume sales. ABOUT QUINSA Quinsa is a Luxembourg-based holding company that controls 87.6 percent of Quilmes International (Bermuda) ("QIB"). The remaining 12.4 percent stake is held by Beverage Associates (BAC) Corp. ("BAC") and 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, pursuant to the Company's strategic alliance with AmBev, it has entered into license and distribution agreements to produce and sell the AmBev brands in Argentina, Bolivia, Paraguay and Uruguay. 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 80% 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 Depository Shares, representing the Company's Class 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 (Quinsa) S.A., +011-5411-4349-1846 Web site: http://www.quinsa.com/

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