X0303 4 2008-06-30 0000310569 ANHEUSER-BUSCH COMPANIES, INC. BUD 0001182828 JONES JAMES R MANATT JONES GLOBAL STRATEGIES, LLC 700 12TH STREET, N.W. WASHINGTON DC 20005-4075 1 0 0 0 Common Stock ($1 par value) 4796 D Phantom Stock Units 2008-06-30 4 A 0 59 62.495 A Common Stock 59 1702 D Deferred Stock Units 2008-06-30 4 A 0 12 62.495 A Common Stock 12 2426 D Includes shares held in an automatic dividend reinvestment plan. This security converts to Common Stock on a 1-for-1 basis. Phantom Stock Units acquired pursuant to the Anheuser-Busch Companies Inc. Deferred Compensation Plan for Non-Employee Directors. Payable in cash triggered by the earliest of the following: (1) the date specified by the reporting person, payable in either a lump sum or equal quarterly installments over a period not to exceed ten (10) years as selected by the reporting person; (2) death, payable in a lump sum; or (3) a Change of Control, payable in a lump sum. Deferred stock units acquired under shareholder approved 2008 Long-Term Equity Incentive Plan for Non-Employee Directors. Award vests one year following date of the award. Settlement of deferred stock units occurs upon death, disability or separation of service and will be made in shares of stock equal to the number of deferred stock units. Laura H. Reeves, Attorney-in-Fact for James R. Jones 2008-07-02