COMPANY REPORT: INTERNATIONAL BREWERIES PLC.

Results Announcement International Breweries Plc. Lagos, Nigeria 30 June 2019 Audited Results for the year ended 31 December 2018 Current Year Prior Year January – December 2018 April – December 2017 (12 Months period ended) (9 Months period ended)

31 December 2018               31 December 2017

N’000                        N’000

Revenue:                                      120,610,825                 36,527,807

Costs of Sales:                            (73,270,580)                 (22,819,921)

(Loss)/Profit before Tax:         (8,049,312)                     (3,233,711)

Taxation: Current tax expense: (161,963)                        (129,884)

Deferred tax:                                  4,344,977                       4,758,820

(Loss)/Profit after Tax:                (3,866,298)                   1,395,225

Earnings Per Share (K) Basic:       (45)                                  16

Earnings per Share (k) Diluted:     (45)                                 16

Proposed Dividend:                          NIL                                  NIL

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