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AmBev announces expiration of registered exchange offer of AmBev international‘s 9.500% R$300 million notes due 2017

AMBEV ANNOUNCES EXPIRATION OF REGISTERED EXCHANGE OFFER OF AMBEV INTERNATIONAL‘S 9.500% R$300 MILLION NOTES DUE 2017

São Paulo, March 30, 2009 − Companhia de Bebidas das Américas − AmBev (“AmBev”) [BOVESPA: AMBV4, AMBV3; and NYSE: ABV, ABVc] and AmBev International Finance Co. Ltd. (“AmBev International”) announced the expiration, as of 5:00 p.m. New York time, on March 27, 2009, of the previously announced registered exchange offer to exchange up to R$300,000,000 of AmBev International’s newly registered 9.500% Notes due 2017 (the “New Notes”) for an equal amount of its privately placed 9.500% Notes due 2017 (the “Outstanding Notes”). AmBev and AmBev International accepted all notes validly tendered and not withdrawn in the exchange offer.

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