77KM Ab Inbev 23

RNS Number:5418C
H & CB
15 December 1999


Please convey the following information to all of H&CB-GDR holders accordingly. 

The details of stock dividend approved by Bank's Board Meeting

* Dividend Rate: 10%
* Calculation of No. of Dividend Shares: No. of shares of each holder
  listed on shareholders book on Dec. 31, '99 X Dividend Rate
* Type /Numbers: Common Share / 9,914,777 Shares
* Closing Date: December 31, 1999
* Others
  - Odd Lot will be paid in cash based on the closing price at the date of      
   general shareholders meeting                                      
  - H&CB will submit this matter to next general shareholders meeting for       
   consideration.


END
DIVGRBBDBSBCCCU

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