Asahi Breweries Ltd

May 30, 2008 Law Debenture appointed as trustee for two new convertible bonds

JPY 35,000,000,000 Zero Coupon Convertible Bonds due 2023
JPY 35,000,000,000 Zero Coupon Convertible Bonds due 2028

We have been appointed as trustee for these new bonds issued by Asahi Breweries, the leading Japanese brewer.

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