Quilmes Industrial S.A. (Quinsa) Announces That Miguel Gomez Eiriz Will Succeed Gustavo Castelli as Chief Financial Officer of Quinsa Effective December 31, 2007

LUXEMBOURG, Dec. 27 /PRNewswire-FirstCall/ -- Quilmes Industrial Societe Anonyme ("Quinsa") announced today that Miguel Gomez Eiriz will succeed Gustavo Castelli as Chief Financial Officer of Quinsa. Mr. Castelli decided to step down from his position with effect from December 31, 2007. Miguel Gomez Eiriz is currently the general manager of Cerveceria Boliviana Nacional S.A., a subsidiary of Quinsa in Bolivia.

ABOUT QUINSA

Quinsa is a Luxembourg-based holding company that controls approximately 93% of Quilmes International (Bermuda) ("QIB"). The remaining stake is held by AmBev.

Quinsa, through QIB, controls beverage and malting businesses in five Latin American countries. Its beer brands are strong market leaders in Argentina, Bolivia, Paraguay and Uruguay, and have a presence in Chile. Further, pursuant to the Quinsa's strategic alliance with AmBev, it has entered into license and distribution agreements to produce and sell in Argentina, Bolivia, Chile, Paraguay and Uruguay the AmBev brands. Similarly, under the agreements, AmBev may produce and distribute Quinsa's brands in Brazil.

Quinsa also has bottling and franchise agreements with PepsiCo, and thus accounts for 100% of PepsiCo beverage sales in both Argentina and Uruguay. Quinsa's Class A and Class B shares are listed on the Luxembourg Stock Exchange (Reuters codes: QUIN.LU and QUINp.LU). Quinsa's American Depositary Shares, representing the Company's B shares, are listed on the New York Stock Exchange .

Quinsa's web address: http://www.quinsa.com/ CONTACT: Guillermo Zuzenberg Quilmes Industrial S.A. (Quinsa) +5411-4349-1700 ext. 1907