X0202 4 2007-02-20 0000310569 ANHEUSER-BUSCH COMPANIES, INC. BUD 0001179831 MUHLEMAN DOUGLAS J ONE BUSCH PLACE ST. LOUIS MO 63118-1852 0 1 0 0 Strategy Committee Member Common Stock ($1 par value) 2007-02-20 4 M 0 4610 21.6875 A 52459 D Common Stock ($1 par value) 2007-02-20 4 F 0 1966 50.855 D 50493 D Common Stock ($1 par value) 2007-02-20 4 M 0 35390 21.6875 A 85883 D Common Stock ($1 par value) 2007-02-20 4 S 0 90 50.98 D 85793 D Common Stock ($1 par value) 2007-02-20 4 S 0 1200 50.81 D 84593 D Common Stock ($1 par value) 2007-02-20 4 S 0 400 50.82 D 84193 D Common Stock ($1 par value) 2007-02-20 4 S 0 2900 50.83 D 81293 D Common Stock ($1 par value) 2007-02-20 4 S 0 7100 50.84 D 74193 D Common Stock ($1 par value) 2007-02-20 4 S 0 1700 50.85 D 72493 D Common Stock ($1 par value) 2007-02-20 4 S 0 3000 50.86 D 69493 D Common Stock ($1 par value) 2007-02-20 4 S 0 1300 50.87 D 68193 D Common Stock ($1 par value) 2007-02-20 4 S 0 2400 50.90 D 65793 D Common Stock ($1 par value) 2007-02-20 4 S 0 3100 50.91 D 62693 D Common Stock ($1 par value) 2007-02-20 4 S 0 2800 50.95 D 59893 D Common Stock ($1 par value) 2007-02-20 4 S 0 1100 50.96 D 58793 D Common Stock ($1 par value) 2007-02-20 4 S 0 2900 50.97 D 55893 D Common Stock ($1 par value) 2007-02-20 4 S 0 5400 50.96 D 50493 D Common Stock ($1 par value) 1725 I By daughter Common Stock ($1 par value) 1525 I By son Common Stock ($1 par value) 11445 I 401(k) plan Employee Stock Options (Right to Buy) - ISO 21.6875 2007-02-20 4 M 0 4610 0 D 2007-11-25 Common Stock 4610 0 D Employee Stock Options (Right to Buy) - NQ 21.6875 2007-02-20 4 M 0 35390 0 D 2007-11-25 Common Stock 35390 0 D Phantom Stock Units Common Stock 3685 D Based on the latest plan statement as of September 30, 2006. Options vested over a three year period commencing 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 Douglas J. Muhleman 2007-02-21