Insider Trades - KELLY JOHN F

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KELLY JOHN F: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
ANHEUSER BUSCH COS INC Officer NYSE:BUD (historical quotes, SEC, other insiders)	18-Nov-08	0	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
18-Nov-08 171,394 BUD Disposition (Non Open Market) at $70 per share.
(Value of $11,997,580)
14-Nov-08 124,717 BUD Option Exercise at $68.43 per share.
(Cost of $8,534,384)
12-Nov-08 4,513 BUD Disposition (Non Open Market) at $66.44 per share.
(Value of $299,843)
1-May-08 100,000 BUD Option Exercise at $29.97 per share.
(Cost of $2,997,000)
1-May-08 100,000 BUD Sale at $49.58 - $49.69 per share.
(Proceeds of about $4,964,000)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
18-Nov-08	171,394	BUD	Disposition (Non Open Market) at $70 per share. (Value of $11,997,580)
14-Nov-08	124,717	BUD	Option Exercise at $68.43 per share. (Cost of $8,534,384)
12-Nov-08	4,513	BUD	Disposition (Non Open Market) at $66.44 per share. (Value of $299,843)
1-May-08	100,000	BUD	Option Exercise at $29.97 per share. (Cost of $2,997,000)
1-May-08	100,000	BUD	Sale at $49.58 - $49.69 per share. (Proceeds of about $4,964,000)