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AmBev Announces Adoption Of IFRS For Reporting Purposes

AMBEV ANNOUNCES ADOPTION OF IFRS FOR REPORTING PURPOSES

São Paulo, May 5, 2009 − Companhia de Bebidas das Américas − AmBev (“AmBev”) announced today it will adopt International Financial Reporting Standards (“IFRS”) as its primary reporting standards for filings made with respect to its consolidated results for periods beginning after January 1st, 2009.

This decision was made in accordance with CVM Instruction No. 457 issued on July 13, 2007, which requires Brazilian listed companies to prepare its consolidated financial statements according to IFRS as issued by International Accounting Standards Board (IASB) for the year ended December 31, 2010, but allows for early adoption. Management believes this is a best practice which will enhance the level of transparency and comparability of AmBev’s performance to its global peers.

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