Press Release

(San Francisco, CA) – August 11, 2010 – Anchor Brewers & Distillers, LLC, a company established to commercially unite and empower craft brewers and artisan distillers, announced the closing of the acquisition of Anchor Brewing Company which features a portfolio of craft beers and artisan spirits, including the award-winning Anchor Steam Beer, Junipero Gin & Old Potrero Whisky.

“Today marks a major milestone, culminating our work with Fritz Maytag to maintain the time-honored legacy of Anchor Brewing Company in San Francisco,” said Tony Foglio, Chairman of Anchor Brewers & Distillers.

Keith Greggor, CEO of Anchor Brewers & Distillers continued, “In addition to fostering the culture of craft brewing and artisan distilling in San Francisco, there is an undeniable affinity for Anchor beers and spirits around the globe. To support this interest, we’ll be advancing our commitment internationally through a partnership with Berry Bros. & Rudd.”

With a primary focus on the spirits portfolio, Anchor Brewers & Distillers has established a strategic partnership with Berry Bros. & Rudd, Britain’s oldest wine and spirits merchant with a history that spans over 300 years. Through the strategic partnership, Anchor Brewers & Distillers will introduce two of Berry Bros. & Rudd’s award-winning spirits not currently available in the US exclusively in San Francisco in the Fall 2010.

“This is an ideal partnership for Berry Bros. & Rudd as Anchor Brewers & Distillers shares our passion and dedication for fostering the heritage of hand-crafted, premium spirits brands, while also making them available to a growing global market,” added Jeremy Parsons, CEO of Berry Bros. & Rudd Spirits.

With the closing of the acquisition and the partnership with Berry Bros. & Rudd, Anchor Brewers & Distillers is further reinforcing its intention to establish a “Center of Excellence” in San Francisco for craft brewers and artisan distillers from around the world. Much like Berry Bros. & Rudd’s No. 3 St. James’s Street in London, whose doors first opened in 1698, the Anchor Brewers & Distillers “Center of Excellence” will serve as an epicenter of development, education, entertainment and innovation, all designed to further contribute to the culture and heritage of craft beer and artisan spirits.

“Throughout Anchor’s history, quality, tradition and innovation have been cornerstones to its success. There has been an evolution of Anchor’s ownership over the last 140 years with each owner contributing to the ongoing legacy of Anchor,” added Fritz Maytag. “Tony and Keith share that commitment wholeheartedly, as well as a commitment to evolving the Anchor legacy by partnering with companies like Berry Bros. & Rudd that have embraced those same values for over 300 years.”

The affiliated companies within Anchor Brewers & Distillers are the original craft brewer Anchor Brewing and artisan distiller Anchor Distilling, Preiss Imports, a leading US specialist spirits and beer importer and BrewDog USA, LLC, the US division of the leading UK craft beer. Through its extensive portfolio, Anchor Brewers & Distillers will provide education to satisfy the increasing demand for authentic, quality and natural products that reflect the passion of their creators.

Anchor Brewers & Distillers, LLC is headquartered in San Francisco, California.

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About Anchor Brewers & Distillers, LLC:

Located in San Francisco, CA, Anchor Brewers & Distillers (ABD) was established in 2010 to commercially unite and empower craft brewers and artisan distillers. ABD is a producer, importer and marketer of craft beers and artisan spirits from around the world. Through its extensive portfolio, ABD will provide education to satisfy the increasing demand for authentic, quality and natural products that reflect the passion of their creators. ABD intends to establish a “Center of Excellence” in San Francisco for craft brewers and artisan distillers from around the world as an epicenter of development, education, entertainment and innovation, all designed to further contribute to the culture and heritage of craft beer and artisan spirits. The affiliated companies within ABD are the original craft brewer Anchor Brewing and artisan distiller Anchor Distilling, Preiss Imports, a leading US specialist spirits and beer importer and BrewDog USA, LLC, the US division of the leading UK craft beer.

About Berry Brothers & Rudd:

Berry Bros. & Rudd can trace its origins back to 1698 when the Widow Bourne founded her shop opposite St James’s Palace. Having traded from the same premises at 3 St. James’s Street for over 300 years, Berry Bros. & Rudd is the oldest wine and spirit merchant in Britain and possibly the world.

Berry Bros. & Rudd is still family-owned and run. Today the present generations of Berrys and Rudds continue to manage the wine and spirits merchant business. The youngest members represent the eighth generation.

Berry Bros. & Rudd has a long tradition of supplying the British Royal family from the time of King George III up to the present day. The company’s Chairman, Simon Berry, is currently the Clerk of the Royal Cellars.