Annual General Meeting of Plzensky Prazdroj, a.s.

28.7.2005 Uncategorized

At Plzensky Prazdroj, a. s. Annual General Meeting
today, shareholders approved the financial statements for the year ended 31
March 2005. A resolution was also approved to pay out a dividend of 100 percent
of nominal share value. The Annual General Meeting brought amendments to Plzensky
Prazdroj, a. s. Articles of Association, as well as some personal

Changes to the Articles of Association are to comply with amendments of the
Czech Commercial Code and to update meeting procedures and decisions making by
the Board of Directors.

Annual General Meeting also elected Michael Short, Plzensky Prazdroj Managing
Director, as Chairman of the Board of Directors. Roy Bagattini and Tibor Kovács
were also elected as new members of the Board of Directors.

1. The dividend of CZK 1,962,064 thousand to be paid to shareholders is
calculated as follows:
a) CZK 1,000 per one share of Plzensky Prazdroj,
a.s. at a nominal value of CZK 1,000;
b) CZK 10 per one share of
Plzensky Prazdroj, a.s. at a nominal value of CZK 10

Pursuant to S. 161 (d) (1) of Act N. 513/1991 Coll., Commercial Code, as
amended, the relevant earnings assignable to shares possessed by the company
Plzensky Prazdroj, a.s. (own shares) will be kept on the account of retained
earnings from previous years.

The date for paying out the dividend is according to the Czech law 28th
October, 2005.

2. New members of the Board of Directors of Plzensky Prazdroj are: Roy
Bagattini, current Managing Director of Birra Peroni, SABMiller operation
company in Italy; Tibor Kovács is Technical Director of Plzensky