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REG-Fuller,Smith &Turner: Disposal

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

29 April 2019

Fuller, Smith & Turner P.L.C.

(“Fuller’s” or the “Company”)

Completion of the Disposal of the Fuller’s Beer Business

The Company is pleased to announce that the disposal of its entire beer
business to Asahi Europe Ltd, a wholly owned subsidiary of Asahi Group
Holdings, Ltd completed on 27 April 2019.

Enquiries

 Fuller, Smith & Turner P.L.C.                                  020 8996 2000  
 Simon Emeny, Chief Executive                                                  
 Georgina Wald, Corporate Communications Manager                020 8996 2198  
 Instinctif Partners (Press Relations Adviser to Fuller’s)      020 7457 2020  
 Justine Warren                                                                
 Rothschild & Co (Financial Adviser and Sponsor to Fuller’s)    020 7280 5000  
 Akeel Sachak                                                                  
 Jonathan Dale                                                                 

Important information relating to financial advisers

N. M. Rothschild & Sons Limited, which is authorised and regulated by the
Financial Conduct Authority in the United Kingdom, is acting exclusively for
Fuller's and for no one else in connection with the disposal and is not, and
will not be, responsible to anyone other than Fuller's for providing the
protections afforded to its clients nor for providing advice in relation to
the disposal, the contents of this announcement or any transaction,
arrangement or other matter referred to in this announcement.



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