Sale of Kirin Breweries

"Tokyo, February 18, 2010 —Kirin Holdings Company, Limited (Tokyo, Japan; President and CEO, Kazuyasu Kato; hereafter, "Kirin") announced today the signing of a share sale agreement on February 17, 2010 with H2 Equity Partners (hereafter, "H2") in the Netherlands for all outstanding shares of Kirin Agribio Company, Limited (hereafter, "KAB") and Kirin Agribio EC B.V. ("KAE"), both wholly owned subsidiaries of Kirin. The transaction is expected to be complete by the end of March."

In the Japanese Beer and Brewing world, this is big news, especially as it comes in the wake of the proposed 2009 merger with Suntory.