InBev said today that it is accelerating the settlement date for its ongoing mandatory tender offer for AmBev common shares (MTO). InBev informed the market that the settlement date of the stock-for-stock option of the MTO will be accelerated due to, among other developments, recent changes in applicable Brazilian foreign exchange regulations.
 
InBev said it will be able to accelerate the settlement date of the stock-for-stock option of the MTO, reducing the 60-90 days period currently provided for.

In the two days immediately following the Auction, InBev said it will inform the market, through another press release, of the definitive deadlines for the delivery of the required qualification documents and the new settlement date of the stock-for-stock option.

The Auction of the MTO will still take place on 29 March 2005 and the settlement date of the cash option of the MTO remains scheduled for 5 April, 2005.