Company Profile For Molson Coors Brewing Company

Molson Coors Brewing Company (MCBC) is a holding company. The Company’s operating subsidiaries include Molson Canada (Molson), operating in Canada; Coors Brewing Company (CBC), operating in the United States prior to the formation of MillerCoors LLC (MillerCoors); Coors Brewers Limited (CBL), operating in the United Kingdom and Ireland, and other corporate entities. Effective July 1, 2008, MCBC and SABMiller plc (SABMiller) combined the United States and Puerto Rico operations of their respective subsidiaries, CBC and Miller Brewing Company (Miller), in the MillerCoors joint venture. MCBC operates the four business segments: Canada, the United States, the United Kingdom, and Global Brand and Market Development (Global Markets). Effective, January 1, 2008, Molson and Grupo Modelo, S.A.B. de C.V. (Modelo) established a 50%/50% joint venture, Modelo Molson Imports, L.P. (MMI), to import, distribute, and market the Modelo beer brand portfolio across all Canadian provinces and territories.

BRIEF: For the thirty nine weeks ended 26 September 2009, Molson Coors Brewing Company's revenues decreased 45% to $2.21B. Net income from continuing operations increased 69% to $511.2M. Revenues reflect a decrease in income from Canada and the absence of income from United States segment. Net income was offset by decreased cost of goods sold, increased equity income in Miller Coors and the absence of debt extinguishment costs.