The facilities of Noble Brewery and Zhaoqing Brewery are well maintained and
suitable for their respective operations. The facilities of Zao Yang High Worth
Brewery have been modernized and new equipment has been added to convert them
into Pabst Blue Ribbon beer production complexes.
The Company estimates that Zhaoqing Brewery,
Noble Brewery and Zao Yang High Worth Brewery operated at approximately 49.2%, 49.2%
and 56.9%, respectively, of their theoretical brewing capacities during the year
ended December 31, 2002. Annual production capacity can vary due to product mix,
packaging mix, market demand and seasonality.

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