Wayman F. Smith will retire as Vice President - Corporate Affairs, Anheuser-Busch Companies, Inc. (NYSE:BUD), company officials announced today. He will be succeeded by Johnny Furr, Jr. Smith will work with Furr in transitioning into the job through June, 2001. He will then return to his law practice and become a consultant to the company.

''Wayman Smith has been an invaluable part of Anheuser-Busch,'' said August A. Busch III, Chairman of the Board and President, Anheuser-Busch Companies, Inc. ''His accomplishments are evident throughout the St. Louis area and in communities across the country.''

Smith, 60, joined Anheuser-Busch in 1980, as the first member of the Corporate Affairs Department. Corporate Affairs is responsible for the company's outreach to the African-American community. Part of Smith's duties included overseeing efforts by Anheuser-Busch to increase purchasing from minority-owned businesses. Smith started the ''Partners in Economic Progress'' program in 1981. Today, through that program Anheuser-Busch annually purchases more than $300 million worth of goods and services from minority-owned firms.

Smith also spearheaded the company's involvement with the United Negro College Fund (now known as The College Fund). In 17 years, Anheuser-Busch raised more than $60 million for UNCF.

In 1999, Smith led the company's efforts in establishing ''Budweiser Jammin' For Education,'' a program which provides college scholarships for African-American students.

Furr, 46, has been with Anheuser-Busch for nearly 22 years. He has served as Director, Wholesaler/Retailer Development and Outreach, Consumer Awareness and Education, for the past six years. In that role he oversaw efforts to establish and implement programs and partnerships to promote responsible alcohol consumption in cities across the country. His background with Anheuser-Busch includes extensive experience in beer sales on both a regional and national level.

Furr, who holds a bachelor's degree in Communications and Marketing from St. Louis University, has received numerous awards, including the YMCA of Greater New York's Black Achievers in Industry Award, Who's Who in Corporate America and Outstanding Alumnus of Matthews-Dickey Boys and Girls Club of St. Louis.

''We wish Wayman the best with his decision to return to the practice of law,'' said John E. Jacob, Executive Vice President and Chief Communications Officer, Anheuser-Busch Companies, Inc. ''We know that Johnny will be able to build on the great work that Wayman has done. His broad range of experience and his knowledge of the company should prove invaluable.''

Furr will report to Jacob, as did Smith.

Anheuser-Busch Companies, Inc. is an international corporation whose subsidiaries include Anheuser-Busch, Inc., brewer or more than 30 beer brands, including Budweiser and Bud Light, the world's largest-selling beers; Busch Entertainment Corporation, one of the nation's leading operators of theme parks and Metal Container Corporation, one of the country's fastest-growing manufacturers of aluminum beverage containers. The company's other business interests range from creative services to rail car repair.