| 
								19.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Conviction Buy List
							 | 
							
								Goldman Sachs Group Inc.
							 | 
					
					
							| 
								18.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								18.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								UBS AG
							 | 
					
					
							| 
								12.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Halten
							 | 
							
								Independent Research GmbH
							 | 
					
					
							| 
								08.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								07.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								07.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Conviction Buy List
							 | 
							
								Goldman Sachs Group Inc.
							 | 
					
					
							| 
								07.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Hold
							 | 
							
								Joh. Berenberg, Gossler & Co. KG (Berenberg Bank)
							 | 
					
						
							| 
								
							 | 
						
					
							| 
								07.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								UBS AG
							 | 
					
					
							| 
								07.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Equal weight
							 | 
							
								Barclays Capital
							 | 
					
					
							| 
								05.05.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Equal-Weight
							 | 
							
								Morgan Stanley
							 | 
					
					
							| 
								23.04.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								13.04.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Hold
							 | 
							
								Deutsche Bank AG
							 | 
					
					
							| 
								02.04.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								UBS AG
							 | 
					
					
							| 
								01.04.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Nomura
							 | 
					
					
							| 
								16.03.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Conviction Buy
							 | 
							
								Goldman Sachs Group Inc.
							 | 
					
					
							| 
								13.03.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Equal weight
							 | 
							
								Barclays Capital
							 | 
					
					
							| 
								12.03.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Neutral
							 | 
							
								BNP PARIBAS
							 | 
					
					
							| 
								03.03.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Reduce
							 | 
							
								Kepler Cheuvreux
							 | 
					
					
							| 
								02.03.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Hold
							 | 
							
								Société Générale Group S.A. (SG)
							 | 
					
					
							| 
								02.03.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Conviction Buy List
							 | 
							
								Goldman Sachs Group Inc.
							 | 
					
					
							| 
								02.03.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								02.03.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								UBS AG
							 | 
					
					
							| 
								27.02.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								27.02.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Halten
							 | 
							
								Independent Research GmbH
							 | 
					
					
							| 
								27.02.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Nomura
							 | 
					
					
							| 
								27.02.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Hold
							 | 
							
								Joh. Berenberg, Gossler & Co. KG (Berenberg Bank)
							 | 
					
					
							| 
								26.02.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Reduce
							 | 
							
								Kepler Cheuvreux
							 | 
					
					
							| 
								26.02.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Sell
							 | 
							
								S&P Capital IQ
							 | 
					
					
							| 
								23.02.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Citigroup Corp.
							 | 
					
					
							| 
								23.02.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								12.02.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Conviction Buy
							 | 
							
								Goldman Sachs Group Inc.
							 | 
					
					
							| 
								29.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Nomura
							 | 
					
					
							| 
								28.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Halten
							 | 
							
								Independent Research GmbH
							 | 
					
					
							| 
								27.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Equal weight
							 | 
							
								Barclays Capital
							 | 
					
					
							| 
								26.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								UBS AG
							 | 
					
					
							| 
								20.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Outperform
							 | 
							
								Credit Suisse Group
							 | 
					
					
							| 
								20.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								19.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Joh. Berenberg, Gossler & Co. KG (Berenberg Bank)
							 | 
					
					
							| 
								16.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								UBS AG
							 | 
					
					
							| 
								16.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Conviction Buy List
							 | 
							
								Goldman Sachs Group Inc.
							 | 
					
					
							| 
								14.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) Hold
							 | 
							
								Société Générale Group S.A. (SG)
							 | 
					
					
							| 
								08.01.15
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Nomura
							 | 
					
					
							| 
								18.12.14
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Goldman Sachs Group Inc.
							 | 
					
					
							| 
								03.12.14
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Goldman Sachs Group Inc.
							 | 
					
					
							| 
								01.12.14
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								UBS AG
							 | 
					
					
							| 
								25.11.14
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								05.11.14
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Joh. Berenberg, Gossler & Co. KG (Berenberg Bank)
							 | 
					
					
							| 
								04.11.14
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) overweight
							 | 
							
								JP Morgan Chase & Co.
							 | 
					
					
							| 
								04.11.14
							 | 
							
								
							 | 
							
								AB InBev SA-NV (Anheuser-Busch InBev) buy
							 | 
							
								Citigroup Corp.
							 |