ANHEUSER BUSCH INBEV SA/NV

Ticker: BUD CUSIP: 03524A108 Class: SPONSORED ADR

DELTEC ASSET MANAGEMENT LLC's Holding History (CIK: 0001269950)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015

Shares 19,187 Value ($000) $2,040 Avg Close — Range —

Q2 2013

Shares 10,908 Value ($000) $985 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	19,187	$2,040	—	—
Q2 2013	10,908	$985	—	—