Heineken N.V. and Carlsberg A/S statement regarding Scottish &Newcastle plc

Amsterdam, 17 October 2007 - Heineken N.V. responded today to the recent share price movement of Scottish & Newcastle plc.

 

Heineken N.V. and Carlsberg A/S confirm that they are in discussions regarding the formation of a consortium to make an offer for the entire issued share capital of Scottish & Newcastle plc. An offer, if made, is likely to be in cash. It is currently intended that Heineken will ultimately assume control of Scottish & Newcastle’s business in the UK and other European markets and that Carlsberg will ultimately acquire Scottish & Newcastle's interest in BBH, France and Greece.

 

To date no formal approach has been made to Scottish & Newcastle and there can be no certainty that an offer for Scottish & Newcastle will ultimately be forthcoming.

 

A further announcement will be made in due course.