X0202 4 2004-10-11 0000310569 ANHEUSER-BUSCH COMPANIES, INC. BUD 0001179833 SELLINGER JOSEPH P ONE BUSCH PLACE ST. LOUIS MO 63118-1852 0 1 0 0 VP and Group Executive Common Stock ($1 par value) 2004-10-11 4 M 0 1110 21.6875 A 21464 D Common Stock ($1 par value) 2004-10-11 4 M 0 3336 29.9688 A 24800 D Common Stock ($1 par value) 11722 D Employee Stock Option (right to buy) - ISO 21.6875 2004-10-11 4 M 0 1110 21.6875 D 2007-11-25 Common Stock 1110 0 D Employee Stock Option (right to buy) - ISO 29.9688 2004-10-11 4 M 0 3336 29.9688 D 2008-11-24 Common Stock 3336 0 D Phantom Stock Units Common Stock 3464 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). Based on the latest plan statement as of March 31, 2004. Options became exercisable over a three year period commencing on November 26, 1998. Options became exercisable over a three year period commencing on November 25, 1999. 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 Joseph P. Sellinger 2004-10-13