Grupo Modelo S.A.B. DE C.V. Grupo Modelo statement regarding discussions with US Department of Justice Mexico City, March 15, 2013. Grupo Modelo, S.A.B. de C.V. and Subsidiaries (BMV: GMODELO), the leader in Mexico in beer production, distribution and marketing, announced that Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD), Grupo Modelo, S.A.B. de C.V., Constellation Brands, Inc. (NYSE: STZ, STZ.B) and Crown Imports LLC have made substantial progress in their discussions with the U.S. Department of Justice toward resolution of the Department of Justice's litigation relating to AB InBev's proposed acquisition of the remaining stake in Grupo Modelo it does not already own, based on the terms of the revised transaction announced on 14 February 2013.

Today the companies and the Department of Justice jointly approached the Court to request an extension of the stay on their current litigation, currently due to expire on March 19, 2013, to April 9, 2013. The parties agree that an extension of the current stay will likely enable the parties to complete their discussions. If the parties reach an agreement, they will file a proposed consent judgment and related documentation with the Court. There can be no assurance that the ongoing discussions will be successful.
Transaction Website: www.globalbeerleader.com

Grupo Modelo, founded in 1925, is the leader in Mexico in beer production, distribution and marketing. It has a total annual installed capacity of 71.5 million hectoliters. Currently, it brews and distributes 14 brands, including Corona Extra, the number one Mexican beer sold in the world, Modelo Especial, Victoria, Pacífico and Negra Modelo. It exports seven brands and is present in more than 180 countries. It is the importer of Anheuser-Busch InBev's products in Mexico, including Budweiser, Bud Light and O'Doul's. It also imports the Chinese Tsingtao Brand, the Danish beer Carlsberg, and Spanish beer Mahou Cinco Estrellas. Through a strategic alliance with Nestlé Waters, it produces and distributes in Mexico the bottled water brands Sta. María and Nestlé Pureza Vital, among others. Grupo Modelo trades in the Mexican Stock Exchange since 1994 with the ticker symbol GMODELOC and in 2011 it was included in its Sustainability Index. It also quotes as an ADR under the ticker GPMCY in the OTC markets and in Latibex in Spain as XGMD.

Investor Relations

Begoña Orgambide (52-55) 1103-5740
ir@gmodelo.com.mx www.gmodelo.mx

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