Press Release - July 24, 2006

For Immediate Release

SABMiller Chooses PowerSteering for Second Major Acquisition

PowerSteering to Deliver Global Best Practices and Help Manage Over 300 Projects Spanning 3 Continents

July 24, 2006

PowerSteering, the market leader in On-Demand Performance Improvement solutions for Merger Integration, Project Portfolio Management and Operational Excellence today announced that SABMiller has selected PowerSteering Software to oversee merger integration activities with its acquisition of Grupo Empresarial Bavaria.

The Grupo Empresarial Bavaria acquisition marks the second time SABMiller turned to PowerSteering to manage a complex integration process. In 2002 PowerSteering was used to manage the SAB/Miller merger involving over 200 project managers in 30 separate worldwide locations and help bridge cultural, technological, and managerial differences. With both mergers, speed to shareholder value was critical.

For its current acquisition, SABMiller required a solution to support the challenge of managing over 300 interdependent projects that were being implemented in 4 countries involving team members scattered across 3 continents. PowerSteering was selected because of its ease of use, intuitive interface, flexible integration with standard desktop services and quick implementation. "PowerSteering is an important ingredient in our M&A methodology. It lets us deliver merger integration best practices globally and enforces disciplined planning and documentation control for SABMiller," said Alan Richards, Senior Vice President, SABMiller South America.

"Many organizations like SABMiller are realizing merger value more rapidly by applying PowerSteering's Performance Improvement software to the dynamic and unpredictable process of merger integration. The speed and flexibility of our on-demand approach drives merger acquisition competitive advantage from industry analysis to final integration," said Stephen Sharp, PowerSteering CEO.

About SABMiller

SABMiller plc is one of the world's largest brewers with brewing interests or distribution agreements in over 60 countries across five continents. The group's brands include premium international beers such as Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands. Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world.

About PowerSteering Software

PowerSteering Software is the leader in On-Demand Enterprise PPM software for Information Technology, Operational Excellence, New Product Development and other enterprise initiatives. Its easy-to-use software provides executives at the US Army, Raytheon, Ingersoll Rand, Merck, United Health Group, TD Bank, Washington Mutual, Seagate, Best Buy and over 120 other customers with executive visibility, strategy alignment, and enhanced team productivity to drive strategy and accelerate results across the enterprise. For additional information, please visit www.powersteeringsoftware.com

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For additional information:

Linda Duchin
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
617-995-5763

 

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