X0202 4 2004-05-03 0000310569 ANHEUSER BUSCH COMPANIES INC BUD 0001182828 JONES JAMES R 1501 M STREET, N.W., SUITE 700 WASHINGTON DC 20005 1 0 0 0 Common Stock ($1 par value) 1476.2236 D Stock Option (Right to Buy) 51.20 2004-05-03 4 A 0 5000 0 A 2014-05-02 Common Stock 5000 5000 D Includes shares held through 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). Vesting is as follows: 1,667 on 05/03/2005; 1,667 on 05/03/2006; 1,666 on 05/03/2007. Laura H. Reeves, Attorney-in-Fact for James R. Jones 2004-05-04