X0201 4 2004-02-23 0000310569 ANHEUSER BUSCH COMPANIES INC BUD 0001179825 BOBAK MARK T ONE BUSCH PLACE ST. LOUIS MO 63118-1852 0 1 0 0 VP - Corporate Human Resources Common Stock ($1 par value) 2004-02-23 4 M 0 5000 29.9688 A 18142.0179 D Common Stock ($1 par value) 2004-02-23 4 M 0 2638 37.8907 A 20780.0179 D Common Stock ($1 par value) 2004-02-23 4 F 0 1870 53.475 D 18910.0179 D Common Stock ($1 par value) 2004-02-23 4 S 0 1900 53.34 D 17010.0179 D Common Stock ($1 par value) 2004-02-23 4 S 0 2100 53.33 D 14910.0179 D Common Stock ($1 par value) 8189 I 401(k) Plan Employee Stock Options (Right to Buy) - NQ 29.9688 2004-02-23 4 M 0 5000 0 D 2008-11-24 Common Stock 5000 45000 D Employee Stock Options (Right to Buy) - ISO 37.8907 2004-02-23 4 M 0 2638 0 D 2009-11-23 Common Stock 2638 0 D Phantom Stock Units Common Stock 1187 D Includes shares held through the company's automatic dividend reinvestment plan. In connection with the Rights Agreement adopted by the Company, Preferred Stock Purchase Rights were distributed to shareholders and are deemed to be attached to the shares of Common Stock of the Company listed on this Form. One-quarter of a Preferred Stock Purchase Right is attached to each share of common stock. If and when the Rights become exercisable, the holder of each Right initially would be entitled to purchase one one-hundredth of a share of Series Junior B Participating Preferred Stock at a purchase price of $195 (both the number of fractional shares and the purchase price are subject to adjustment). Based on the latest plan statement as of September 30, 2003. Options became exercisable in equal installments over a three year period commencing one year following the date of grant. This security converts to Common Stock on a 1-for-1 basis. Anheuser-Busch 401(k) Restoration Plan. Mark T. Bobak 2004-02-24