Thursday, February 14, 2008

New York Stock Exchange To Suspend, Apply to Delist American Depositary Shares of Quilmes Industrial (Quinsa), Société Anonyme ("Quinsa")

The New York Stock Exchange announced today that trading in the American Depositary Shares of Quilmes Industrial (Quinsa), Société Anonyme ("Quinsa") - ticker symbol "LQU" - will be suspended immediately. Following suspension, application will be made to the Securities and Exchange Commission to delist the issues.
Trading was suspended after the public tender offer by Companhia de Bebidas das Américas - AmBev ("AmBev") [NYSE: ABV, ABV.C] to purchase up to 5,483,950 Class A shares and up to 8,800,060 Class B shares (including Class B shares held as American Depositary Shares ("ADS") of its subsidiary Quilmes Industrial (Quinsa), Société Anonyme ("Quinsa") announced on December 21, 2007. As a result, Quinsa advised the NYSE that 114,311 American Depositary Shares remained outstanding after the expiration of the offer.

The NYSE said it normally considers suspending and removing from its list the securities of a company when the number of outstanding American Depositary Shares, representating common securities, is less than 600,000.

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