X0201 4 2004-02-26 0000310569 ANHEUSER BUSCH COMPANIES INC BUD 0001179827 BUSCH AUGUST A IV ONE BUSCH PLACE ST. LOUIS MO 63118-1852 0 1 0 0 VP and Group Executive Common Stock ($1 par value) 2004-02-26 4 M 0 3336 29.9688 A 38500 D Common Stock ($1 par value) 2004-02-26 4 F 0 1873 53.40 D 36627 D Common Stock ($1 par value) 2004-02-26 4 M 0 66664 29.9688 A 103291 D Common Stock ($1 par value) 2004-02-26 4 F 0 37298 53.40 D 65993 D Common Stock ($1 par value) 2004-02-26 4 F 0 1653 53.24 D 64340 D Common Stock ($1 par value) 2004-02-26 4 S 0 10000 53.24 D 54340 D Common Stock ($1 par value) 6018 I 401(k) plan Employee Stock Option (Right to Buy) - ISO 29.9688 2004-02-26 4 M 0 3336 0 D 2008-11-24 Common Stock 3336 0 D Employee Stock Option (Right to Buy) - NQ 29.9688 2004-02-26 4 M 0 66664 0 D 2008-11-24 Common Stock 66664 50000 D Phantom Stock Units Common Stock 4726 D 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). Includes 7,834 shares withheld to pay taxes. Shares withheld to pay taxes. Based on 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. August A. Busch IV 2004-02-28