X0202 4 2004-07-12 0000310569 ANHEUSER-BUSCH COMPANIES, INC. BUD 0001179826 BURROWS STEPHEN J ONE BUSCH PLACE ST. LOUIS MO 63118-1852 0 1 0 0 VP - International Operations Common Stock ($1 par value) 2004-05-19 5 G 0 50 0 D 24903.4657 D Common Stock ($1 par value) 2004-07-12 4 M 0 39720 12.4335 A 64623.4657 D Common Stock ($1 par value) 2004-07-12 4 M 0 189016 16.1681 A 253639.4657 D Common Stock ($1 par value) 2004-07-12 4 M 0 4500 16.1681 A 258139.4657 D Common Stock ($1 par value) 2004-07-12 4 F 0 1348 53.995 D 256791.4657 D Common Stock ($1 par value) 2004-07-12 4 M 0 4914 20.3438 A 261705.4657 D Common Stock ($1 par value) 2004-07-12 4 F 0 1852 53.995 D 259853.4657 D Common Stock ($1 par value) 2004-07-12 4 M 0 4610 21.6875 A 264463.4657 D Common Stock ($1 par value) 2004-07-12 4 F 0 1852 53.995 D 262611.4657 D Common Stock ($1 par value) 2004-07-12 4 S 0 226236 54.00 D 36375.4657 D Common Stock ($1 par value) 2004-07-12 4 S 0 1400 54.02 D 34975.4657 D Common Stock ($1 par value) 2004-07-12 4 S 0 1100 54.03 D 33875.4657 D Common Stock ($1 par value) 31529 I 401(k) plan Employee Stock Option (Right to Buy) - NQ 12.4335 2004-07-12 4 M 0 39720 0 D 2004-12-13 Common Stock 39720 0 D Employee Stock Option (Right to Buy) - NQ 16.1681 2004-07-12 4 M 0 189016 0 D 2005-12-19 Common Stock 189016 0 D Employee Stock Option (Right to Buy) - ISO 16.1681 2004-07-12 4 M 0 4500 0 D 2005-12-19 Common Stock 4500 0 D Employee Stock Option (Right to Buy) - ISO 20.3438 2004-07-12 4 M 0 4914 0 D 2006-12-17 Common Stock 4914 0 D Employee Stock Option (Right to Buy) - ISO 21.6875 2004-07-12 4 M 0 4610 0 D 2007-11-25 Common Stock 4610 0 D Phantom Stock Units Common Stock 4509 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 March 31, 2004. Options became exercisable over a three year period beginning on December 14, 1995. Options became exercisable over a three year period beginning on December 20, 1996. Options became exercisable over a three year period beginning on December 18, 1997. Options became exercisable over a three year period beginning on November 26, 1998. Each phantom share represents the value of one actual share of Common Stock. Represents reporting person's interest in phantom shares of Anheuser-Busch Companies, Inc. resulting from participation in the Anheuser-Busch 401(k) Restoration Plan. Phantom shares have no exercise feature nor any expiration date. Laura H. Reeves, Attorney-in-Fact for Stephen J. Burrows 2004-07-14