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      Anheuser Form S-8
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">AS
      FILED
      WITH THE SECURITIES AND EXCHANGE COMMISSION ON MARCH 1, 2007</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registration
      Statement No. 33-_______________</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">WASHINGTON,
      D.C. 20549</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">____________________</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FORM
      S-8</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registration
      Statement</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under
      the</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Securities
      Act of 1933</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">_________________________________________________________________</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ANHEUSER-BUSCH
      COMPANIES, INC.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">(Exact
      Name of Registrant as Specified in Its Charter)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Delaware</strong></font></div>
            </td>
            <td valign="top" width="35%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>43-1162835</strong></font></div>
            </td>
          </tr>
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            <td valign="top" width="37%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                or Other Jurisdiction</font></div>
            </td>
            <td valign="top" width="35%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(IRS
                Employer</font></div>
            </td>
          </tr>
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            <td valign="top" width="37%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                Incorporation or Organization)</font></div>
            </td>
            <td valign="top" width="35%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Identification
                No.)</font></div>
            </td>
          </tr>

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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>One
      Busch Place </strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>St.
      Louis, Missouri 63118</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
      of Principal Executive Offices)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Anheuser-Busch
      Deferred Income Stock Purchase and Savings Plan</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Full
      Title of the Plan)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>JoBeth
      G. Brown</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Vice
      President and Corporate Secretary</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Anheuser-Busch
      Companies, Inc.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>One
      Busch Place</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>St.
      Louis, Missouri 63118</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Name
      and
      Address of Agent for Service)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>(314)
      577-3314</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Telephone
      Number, Including Area Code of Agent for Service</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CALCULATION
      OF REGISTRATION FEE</strong></font></div>
    <div>
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            <td valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Title
                of Securities</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                be Registered</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                be</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registered</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Proposed</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Maximum</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Offering
                Price</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Per
                Share*</font></div>
            </td>
            <td align="left" valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Proposed
                Maximum</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Aggregate</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Offering
                Price</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount
                of</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registration</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Fee</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
                Stock, par</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">value
                $1.00 per share</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15,000,000
                Shares</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$49.83</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$747,450,000</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$22,947</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">*Estimated
      solely for purposes of calculating the registration fee. In accordance with
      Rule
      457(h)(1), the proposed offering price of shares was based on the average of
      the
      high and low prices reported on the New York Stock Exchange on February 26,
      2007.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
      registration statement also covers an indeterminate amount of interests to
      be
      offered or sold pursuant to the employee benefit plan described
      herein.</font></div>
    <div>&#160;</div>
    <div><br>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PART
      I</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Section 10(a) prospectus relating to the Plan is omitted from this Registration
      Statement pursuant to the Note to Part I of Form S-8.</font></div>
    <div>&#160;</div>
    <div><br>&#160;</div>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">2</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PART
      II</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">INFORMATION
      REQUIRED IN THE REGISTRATION STATEMENT</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>CERTAIN
      FINANCIAL INFORMATION</u></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      3.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Incorporation
      of Documents by Reference.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      following documents are incorporated by reference in this registration
      statement:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Registrant&#8217;s Annual Report on Form 10-K for the year ended December 31, 2006.
</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Form
      11-K of the Plan for the year ended March 31, 2006.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      descriptions of the Registrant&#8217;s shares of common stock contained in the
      Registrant&#8217;s registration statements filed under the Securities Exchange Act of
      1934, File No. 1-7823, including any amendment or report filed for the purpose
      of updating such descriptions.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All
      documents subsequently filed by the Registrant or the Plan pursuant to Sections
      13(a), 13(c), 14, and 15(d) of the Securities Exchange Act of 1934, as amended,
      prior to the filing of a post-effective amendment which indicates that all
      securities offered have been sold or which deregisters all securities then
      remaining unsold, shall be deemed to be incorporated by reference herein and
      to
      be a part hereof from the date of the filing of such do</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">cuments
      (but this shall not include any document that is merely furnished to the
      Securities and Exchange Commission).</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      4.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Description
      of Securities.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Registrant&#8217;s common stock is registered under Section 12(b) of the Securities
      Exchange Act of 1934, as amended.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      5.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Interests
      of Named Experts and Counsel.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      financial statements incorporated in this Registration Statement pursuant to
      Item 3 have been so incorporated in reliance of the report of
      PricewaterhouseCoopers, LLP, independent accountants, given on the authority
      of
      said firm as experts in auditing and accounting.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Thomas
      Larson, Esq., Associate General Counsel of the Registrant, has passed upon
      the
      legality of the shares offered under this registration statement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mark
      Voelpel, Esq., Associate General Counsel of the Registrant, has passed upon
      the
      compliance of certain amendments of the Plan with ERISA.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">3</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      6.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indemnification
      of Directors and Officers.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Delaware General Corporation Law permits the indemnification by a Delaware
      corporation of its directors, officers, employees and other agents against
      expenses (including attorneys&#8217; fees), judgments, fines and amounts paid in
      settlement in connection with specified actions, suits or proceedings, whether
      civil, criminal, administrative or investigative (other than derivative actions
      which are by or in the right of the corporation) if they acted in good faith
      in
      a manner they reasonably believed to be in or not opposed to the best interests
      of the corporation, and, with respect to any criminal action or proceeding,
      had
      no reasonable cause to believe their conduct was unlawful. A similar standard
      of
      care is applicable in the case of derivative actions, except that
      indemnification only extends to expenses (including attorneys&#8217; fees) incurred in
      connection with defense or settlement of such an action and requires court
      approval before there can be any indemnification where the person seeking
      indemnification has been found liable to the corporation.</font></div>
    <div>&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Registrant&#8217;s Restated Certificate of Incorporation provides that each person who
      was or is made a party to, or is involved in, any action, suit or proceeding
      by
      reason of the fact that he or she is or was a director or officer of the
      Registrant (or was serving at the request of the Registrant as a director,
      officer, employee or agent for another entity) while serving in such capacity
      will be indemnified and held harmless by the Registrant to the full extent
      authorized or permitted by Delaware law. The Restated Certificate also provides
      that the Registrant may purchase and maintain insurance and may also create
      a
      trust fund, grant a security interest and/or use other means (including
      establishing letters of credit, surety bonds and other similar arrangements),
      and may enter into contracts providing for indemnification, to ensure full
      payment of indemnifiable amounts.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Registrant has entered into indemnification agreements with its directors and
      its executive officers.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      7.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exemptions
      from Registration Claimed.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
      Applicable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      8.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibits.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.1</font></div>
            </td>
            <td align="left" colspan="3" valign="top" width="96%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Opinion
                and consent of Thomas Larson, Esq., Associate General Counsel of
                the
                Registrant, concerning the legality of the shares of common stock
                being
                registered hereunder.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="30%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.2</font></div>
            </td>
            <td align="left" colspan="3" valign="top" width="96%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Internal
                Revenue Service Determination Letter dated November 29,
                2001.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="30%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.3</font></div>
            </td>
            <td align="left" colspan="3" valign="top" width="96%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Opinion
                and Consent of Mark Voelpel, Associate General Counsel of the Registrant,
                concerning the compliance of the Plan with the requirements of
                ERISA.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">4</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>&#160;</div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="30%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23</font></div>
            </td>
            <td align="left" colspan="3" valign="top" width="96%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consent
                of Independent Accountants</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="30%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">24.</font></div>
            </td>
            <td align="left" colspan="3" valign="top" width="96%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Power
                of Attorney executed by directors and officers of the
                Registrant.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="33%">&#160;</td>
            <td align="left" valign="top" width="30%">&#160;</td>
          </tr>
          <tr>
            <td align="left" colspan="4" valign="top" width="100%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
                9.&#160;&#160;&#160;&#160;&#160; </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Undertakings.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)</font></div>
            </td>
            <td align="left" colspan="2" valign="top" width="92%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                undersigned Registrant hereby undertakes:</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="46%">&#160;</td>
            <td align="left" valign="top" width="46%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" colspan="2" valign="top" width="92%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)
                </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To
                file, during any period in which offers or sales are being made,
                a
                post-effective amendment to this registration
                statement:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" colspan="2" valign="top" width="92%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(i)&#160;
                To include any prospectus required by section 10(a)(3) of the Securities
                Act of 1933;</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="46%">&#160;</td>
            <td align="left" valign="top" width="46%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" colspan="2" valign="top" width="92%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(ii)&#160;
                To reflect in the prospectus any facts or events arising after the
                effective date of the registration statement (or the most recent
                post-effective amendment thereof) which, individually or in the aggregate,
                represent a fundamental change in the information set forth in the
                registration statement. Notwithstanding the foregoing, any increase
                or
                decrease in the volume of securities offered (if the total dollar
                value of
                securities offered would not exceed that which was registered) and
                any
                deviation from the low or high end of the estimated maximum offering
                range
                may be reflected in the form of prospectus filed with the Commission
                pursuant to Rule 424(b) if, in the aggregate, the changes in volume
                and
                price represent no more than 20 percent change in the maximum aggregate
                offering price set forth in the &#8220;Calculation of Registration Fee&#8221; table in
                the effective registration statement;</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="46%">&#160;</td>
            <td align="left" valign="top" width="46%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" colspan="2" valign="top" width="92%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(iii)&#160;
                To include any material information with respect to the plan of
                distribution not previously disclosed in the registration statement
                or any
                material change to such information in the registration
                statement;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Provided
      however, that:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Paragraphs
      (a)(1)(i) and (a)(1)(ii) do not apply if the registration statement is on Form
      S-8, and the information required to be included in a post-effective amendment
      by those paragraphs is contained in periodic reports filed with or furnished
      to
      the Commission by the Registrant pursuant to section 13 or section 15(d) of
      the
      Securities Exchange Act of 1934 that are incorporated by reference in the
      registration statement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">B.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Paragraphs
      (a)(1)(i), (a)(1)(ii), (a)(1)(iii) of this section do not apply if the
      registration statement is on Form S-3 or Form F-3 and the information required
      to be included in a post-effective amendment by those paragraphs is contained
      in
      reports filed with or furnished to the commission by the registrant pursuant
      to
      section 13 or section</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">5</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15(d)
      of
      the Securities Exchange Act of 1934 that are incorporated by reference in the
      registration statement, or is contained in a form or prospectus filed pursuant
      to Rule 424(B) that is part of the registration statement. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">C.<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Provided
      further, however that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the
      registration statement is an offering of asset-based securities on Form S-1,
      and
      the information required to be included in a post-effective amendment is
      provided pursuant to Item 1100(c) of Regulation AB.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">That,
      for
      the purpose of determining any liability under the Securities Act of 1933,
      each
      such post-effective amendment shall be deemed to be a new registration statement
      relating to the securities offered therein and the offering of such securities
      at that time shall be deemed to be the initial bona fide offering
      thereof.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(3)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To
      remove
      from registration by means of a post-effective amendment any of the securities
      being registered which remain unsold at the termination of the
      offering.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="a.4"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(4)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If
      the
      registrant is a foreign private issuer, to file a post-effective amendment
      to
      the registration statement to include any financial statements required by
      Item
      8.A. of </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Form
      20-F</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      at the
      start of any delayed offering or throughout a continuous offering. Financial
      statements and information otherwise required by </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      10(a)(3)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      of the
      Act need not be furnished, provided that the registrant includes in the
      prospectus, by means of a post-effective amendment, financial statements
      required pursuant to this paragraph (a)(4) and other information necessary
      to
      ensure that all other information in the prospectus is at least as current
      as
      the date of those financial statements. Notwithstanding the foregoing, with
      respect to registration statements on </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Form
      F-3</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
      a
      post-effective amendment need not be filed to include financial statements
      and
      information required by Section 10(a)(3) of the Act or Rule 3-19 of this chapter
      if such financial statements and information are contained in periodic reports
      filed with or furnished to the Commission by the registrant pursuant to
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">section
      13</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      or
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">section
      15(d)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      of the
      Securities Exchange Act of 1934 that are incorporated by reference in the Form
      F-3.</font></a></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="a.5"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(5)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">That,
      for
      the purpose of determining liability under the Securities Act of 1933 to any
      purchaser:</font></a></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <div align="right">
        <table cellpadding="0" cellspacing="0" width="95%">

            <tr>
              <td align="left" valign="top" width="3%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">i.</font></div>
              </td>
              <td align="left" colspan="2" valign="top" width="97%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If
                  the registrant is relying on Rule 430B</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">:</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="3%">&#160;</td>
              <td align="left" colspan="2" valign="top" width="97%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="3%">&#160;</td>
              <td align="left" valign="top" width="3%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><a name="a.5.i.A"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A.</font></a></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
              </td>
              <td align="left" valign="top" width="94%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Each
                  prospectus filed by the registrant pursuant to</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                  Rule 424(b)(3)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                  shall be deemed to be part of the registration statement as of
                  the date
                  the filed prospectus was deemed part of and included in the registration
                  statement; and</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="3%">&#160;</td>
              <td align="left" valign="top" width="3%">&#160;</td>
              <td align="left" valign="top" width="94%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="3%">&#160;</td>
              <td align="left" valign="top" width="3%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><a name="a.5.i.B"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">B.</font></a></div>
              </td>
              <td align="left" valign="top" width="94%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Each
                  prospectus required to be filed pursuant to </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Rule
                  424(b)(2)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
                  </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)(5)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
                  or </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)(7)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                  as
                  part of a registration statement in reliance on Rule 430B
                  relating</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div align="right">&#160;</div>
    </div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">6</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>&#160;</div>
    <div><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div align="right">
        <table cellpadding="0" cellspacing="0" width="95%">

            <tr>
              <td align="left" valign="top" width="3%">&#160;</td>
              <td align="left" valign="top" width="3%">&#160;</td>
              <td align="left" valign="top" width="94%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                  an offering made pursuant to </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Rule
                  415(a)(1)(i)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
                  </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(vii)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
                  or </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(x)</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                  for the purpose of providing the information required by section
                  10(a) of
                  the Securities Act of 1933 shall be deemed to be part of and included
                  in
                  the registration statement as of the earlier of the date such form
                  of
                  prospectus is first used after effectiveness or the date of the
                  first
                  contract of sale of securities in the offering described in the
                  prospectus. As provided in Rule 430B, for liability purposes of
                  the issuer
                  and any person that is at that date an underwriter, such date shall
                  be
                  deemed to be a new effective date of the registration statement
                  relating
                  to the securities in the registration statement to which that prospectus
                  relates, and the offering of such securities at that time shall
                  be deemed
                  to be the initial bona fide offering thereof. Provided, however,
                  that no
                  statement made in a registration statement or prospectus that is
                  part of
                  the registration statement or made in a document incorporated or
                  deemed
                  incorporated by reference into the registration statement or prospectus
                  that is part of the registration statement will, as to a purchaser
                  with a
                  time of contract of sale prior to such effective date, supersede
                  or modify
                  any statement that was made in the registration statement or prospectus
                  that was part of the registration statement or made in any such
                  document
                  immediately prior to such effective date; or</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="3%">&#160;</td>
              <td align="left" valign="top" width="3%">&#160;</td>
              <td align="left" valign="top" width="94%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="3%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ii.</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
              </td>
              <td align="left" colspan="2" valign="top" width="97%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If
                  the registrant is subject to Rule 430C, each prospectus filed pursuant
                  to
                  Rule 424(b) as part of a registration statement relating to an
                  offering,
                  other than registration statements relying on Rule 430B or other
                  than
                  prospectuses filed in reliance on Rule 430A, shall be deemed to
                  be part of
                  and included in the registration statement as of the date it is
                  first used
                  after effectiveness. Provided, however, that no statement made
                  in a
                  registration statement or prospectus that is part of the registration
                  statement or made in a document incorporated or deemed incorporated
                  by
                  reference into the registration statement or prospectus that is
                  part of
                  the registration statement will, as to a purchaser with a time
                  of contract
                  of sale prior to such first use, supersede or modify any statement
                  that
                  was made in the registration statement or prospectus that was part
                  of the
                  registration statement or made in any such document immediately
                  prior to
                  such date of first use. </font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><a name="a.6"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(6)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">That,
      for
      the purpose of determining liability of the registrant under the Securities
      Act
      of 1933 to any purchaser in the initial distribution of the securities: The
      undersigned registrant undertakes that in a primary offering of securities
      of
      the undersigned registrant pursuant to this registration statement, regardless
      of the underwriting method used to sell the securities to the purchaser, if
      the
      securities are offered or sold to such purchaser by means of any of the
      following communications, the undersigned registrant will be a seller to the
      purchaser and will be considered to offer or sell such securities to such
      purchaser:</font></a></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div align="right">
      <table cellpadding="0" cellspacing="0" width="95%">

          <tr>
            <td align="left" valign="top" width="3%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><a name="a.6.i"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">i.</font></a></div>
            </td>
            <td align="left" valign="top" width="97%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Any
                preliminary prospectus or prospectus of the undersigned registrant
                relating to the offering required to be filed pursuant to Rule
                424;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div>&#160;</div>
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                registrant;</font></div>
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      Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
      plan&#8217;s annual report pursuant to Section 15(d) of the Securities Exchange Act of
      1934) that is incorporated by reference in the registration statement shall
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      pursuant to the foregoing provisions, or otherwise, the registrant has been
      advised that in the opinion of the Securities and Exchange Commission such
      indemnification is against public policy as expressed in the Act and is,
      therefore, unenforceable. In the event that a claim for indemnification against
      such liabilities (other than the payment by the registrant of expenses incurred
      or paid by a director, officer or controlling person of the registrant in the
      successful defense of any action, suit or proceeding) is asserted by such
      director, officer or controlling person in connection with the securities being
      registered, the registrant will, unless in the opinion of its counsel the matter
      has been settled by controlling precedent, submit to a court of appropriate
      jurisdiction the question whether such indemnification by it is against public
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      Pursuant to the requirements of the Securities Act of 1933, the Registrant
      certifies that it has reasonable grounds to believe that it meets all of the
      requirements for filing on Form S-8 and has duly caused this registration
      statement to be signed on its behalf by the undersigned, thereunto duly
      authorized, in the City of St.&#160;Louis, State of Missouri, on March 1,
      2007.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br>
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                  COMPANIES, INC.</font></div>
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            <tr>
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              <td align="right" valign="top" width="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="1%">&#160;</td>
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              <td align="left" valign="top" width="19%">&#160;</td>
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/s/
<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">JoBeth
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            <tr>
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      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">9</font></div>
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      has been signed below by the following persons in the capacities and on the
      dates indicated:</font></div>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">
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            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
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            <td align="left" valign="top" width="20%">&#160;</td>
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            <td align="left" valign="top" width="2%">&#160;</td>
          </tr>
          <tr>
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            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
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            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
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          <tr>
            <td align="left" valign="top" width="20%">
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%" style="border-bottom: black thin solid;">
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          <tr>
            <td align="left" valign="top" width="20%">
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            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%" style="border-bottom: black thin solid;">
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          <tr>
            <td align="left" valign="top" width="20%">
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">
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            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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            <td align="left" valign="top" width="20%">
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            <td align="left" valign="top" width="2%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="20%">
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%" style="border-bottom: black thin solid;">
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            <td align="left" valign="top" width="2%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="20%">
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            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%" style="border-bottom: black thin solid;">
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">
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            <td align="left" valign="top" width="2%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="20%">
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            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
          </tr>

      </table>
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    <div>&#160;</div>
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          <tr>
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            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%" style="border-bottom: black thin solid;">
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          <tr>
            <td align="left" valign="top" width="20%">
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%" style="border-bottom: black thin solid;">
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            </td>
            <td align="left" valign="top" width="2%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="20%">
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%" style="border-bottom: black thin solid;">
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            </td>
            <td align="left" valign="top" width="2%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="20%">
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%" style="border-bottom: black thin solid;">
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            <td align="left" valign="top" width="20%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">March
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            <td align="left" valign="top" width="2%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="20%">
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="1%">&#160;</td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="20%" style="border-bottom: black thin solid;">
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          <tr>
            <td align="left" valign="top" width="20%">
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="20%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
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          <tr>
            <td align="left" valign="top" width="31%">
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            <td align="left" colspan="2" valign="top" width="42%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="31%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -40.5pt" align="left">&#160;</div>
            </td>
            <td align="left" colspan="2" valign="top" width="42%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -40.5pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:
                ANHEUSER-BUSCH COMPANIES, INC.,</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="31%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" colspan="2" valign="top" width="42%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">as
                Plan Administrator</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="31%">&#160;</td>
            <td align="left" colspan="2" valign="top" width="42%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="31%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" valign="top" width="21%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:&#160;
                <u>/s/ John T.
                Farrell&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
                &#160;</u></font></div>
            </td>
            <td align="left" valign="top" width="21%">
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="31%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" colspan="2" valign="top" width="42%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Vice
                President, Employee Benefits</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 180pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">12</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXHIBIT
      INDEX</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: -36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.1</font></div>
            </td>
            <td align="left" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Opinion
                and consent of Thomas Larson, Esq., Associate General Counsel of
                the
                Registrant, concerning the legality of the shares of common stock
                being
                registered hereunder.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="64%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.2</font></div>
            </td>
            <td align="left" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Internal
                Revenue Service Determination Letter dated November 29,
                2001.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="64%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.3</font></div>
            </td>
            <td align="left" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Opinion
                and consent of Mark Voelpel, Associate General Counsel of Registrant,
                concerning the compliance of the Plan with the requirements of
                ERISA.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="64%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23</font></div>
            </td>
            <td align="left" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consent
                of Independent Accountants.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="64%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">24</font></div>
            </td>
            <td align="left" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Power
                of Attorney executed by directors and officers of the
                Registrant.</font></div>
            </td>
          </tr>

      </table>
    </div>
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{"company-data": {"conformed-name": "ANHEUSER-BUSCH COMPANIES, INC.", "cik": "0000310569", "assigned-sic": "2082", "irs-number": "431162835", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-140993", "film-number": "07662571"}, "business-address": {"street1": "ONE BUSCH PL", "city": "ST LOUIS", "state": "MO", "zip": "63118-1852", "phone": "3145772000"}, "mail-address": {"street1": "ONE BUSCH PL", "city": "ST LOUIS", "state": "MO", "zip": "63118-1852"}, "former-company": {"former-conformed-name": "ANHEUSER BUSCH COMPANIES INC", "date-changed": "19920703"}}
Anheuser Form S-8
AS
      FILED
      WITH THE SECURITIES AND EXCHANGE COMMISSION ON MARCH 1, 2007
Registration
      Statement No. 33-_______________
SECURITIES
      AND EXCHANGE COMMISSION
WASHINGTON,
      D.C. 20549
____________________
FORM
      S-8
Registration
      Statement
Under
      the
Securities
      Act of 1933
_________________________________________________________________
ANHEUSER-BUSCH
      COMPANIES, INC.
(Exact
      Name of Registrant as Specified in Its Charter)
Delaware
43-1162835
(State
                or Other Jurisdiction
(IRS
                Employer
of
                Incorporation or Organization)
Identification
                No.)
One
      Busch Place
St.
      Louis, Missouri 63118
(Address
      of Principal Executive Offices)
Anheuser-Busch
      Deferred Income Stock Purchase and Savings Plan
(Full
      Title of the Plan)
JoBeth
      G. Brown
Vice
      President and Corporate Secretary
Anheuser-Busch
      Companies, Inc.
One
      Busch Place
St.
      Louis, Missouri 63118
(Name
      and
      Address of Agent for Service)
(314)
      577-3314
Telephone
      Number, Including Area Code of Agent for Service
CALCULATION
      OF REGISTRATION FEE
Title
                of Securities
to
                be Registered
Amount
to
                be
Registered
Proposed
Maximum
Offering
                Price
Per
                Share*
Proposed
                Maximum
Aggregate
Offering
                Price
Amount
                of
Registration
Fee
Common
                Stock, par
value
                $1.00 per share
15,000,000
                Shares
$49.83
$747,450,000
$22,947
*Estimated
      solely for purposes of calculating the registration fee. In accordance with
      Rule
      457(h)(1), the proposed offering price of shares was based on the average of
      the
      high and low prices reported on the New York Stock Exchange on February 26,
      2007.
In
      addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
      registration statement also covers an indeterminate amount of interests to
      be
      offered or sold pursuant to the employee benefit plan described
      herein.
PART
      I
The
      Section 10(a) prospectus relating to the Plan is omitted from this Registration
      Statement pursuant to the Note to Part I of Form S-8.
2
PART
      II
INFORMATION
      REQUIRED IN THE REGISTRATION STATEMENT
CERTAIN
      FINANCIAL INFORMATION
Item
      3.
Incorporation
      of Documents by Reference.
The
      following documents are incorporated by reference in this registration
      statement:
(a)
The
      Registrant's Annual Report on Form 10-K for the year ended December 31, 2006.
(b)
The
      Form
      11-K of the Plan for the year ended March 31, 2006.
(c)
The
      descriptions of the Registrant's shares of common stock contained in the
      Registrant's registration statements filed under the Securities Exchange Act of
      1934, File No. 1-7823, including any amendment or report filed for the purpose
      of updating such descriptions.
All
      documents subsequently filed by the Registrant or the Plan pursuant to Sections
      13(a), 13(c), 14, and 15(d) of the Securities Exchange Act of 1934, as amended,
      prior to the filing of a post-effective amendment which indicates that all
      securities offered have been sold or which deregisters all securities then
      remaining unsold, shall be deemed to be incorporated by reference herein and
      to
      be a part hereof from the date of the filing of such do
cuments
      (but this shall not include any document that is merely furnished to the
      Securities and Exchange Commission).
Item
      4.
Description
      of Securities.
The
      Registrant's common stock is registered under Section 12(b) of the Securities
      Exchange Act of 1934, as amended.
Item
      5.
Interests
      of Named Experts and Counsel.
The
      financial statements incorporated in this Registration Statement pursuant to
      Item 3 have been so incorporated in reliance of the report of
      PricewaterhouseCoopers, LLP, independent accountants, given on the authority
      of
      said firm as experts in auditing and accounting.
Thomas
      Larson, Esq., Associate General Counsel of the Registrant, has passed upon
      the
      legality of the shares offered under this registration statement.
Mark
      Voelpel, Esq., Associate General Counsel of the Registrant, has passed upon
      the
      compliance of certain amendments of the Plan with ERISA.
3
Item
      6.
Indemnification
      of Directors and Officers.
The
      Delaware General Corporation Law permits the indemnification by a Delaware
      corporation of its directors, officers, employees and other agents against
      expenses (including attorneys' fees), judgments, fines and amounts paid in
      settlement in connection with specified actions, suits or proceedings, whether
      civil, criminal, administrative or investigative (other than derivative actions
      which are by or in the right of the corporation) if they acted in good faith
      in
      a manner they reasonably believed to be in or not opposed to the best interests
      of the corporation, and, with respect to any criminal action or proceeding,
      had
      no reasonable cause to believe their conduct was unlawful. A similar standard
      of
      care is applicable in the case of derivative actions, except that
      indemnification only extends to expenses (including attorneys' fees) incurred in
      connection with defense or settlement of such an action and requires court
      approval before there can be any indemnification where the person seeking
      indemnification has been found liable to the corporation.
The
      Registrant's Restated Certificate of Incorporation provides that each person who
      was or is made a party to, or is involved in, any action, suit or proceeding
      by
      reason of the fact that he or she is or was a director or officer of the
      Registrant (or was serving at the request of the Registrant as a director,
      officer, employee or agent for another entity) while serving in such capacity
      will be indemnified and held harmless by the Registrant to the full extent
      authorized or permitted by Delaware law. The Restated Certificate also provides
      that the Registrant may purchase and maintain insurance and may also create
      a
      trust fund, grant a security interest and/or use other means (including
      establishing letters of credit, surety bonds and other similar arrangements),
      and may enter into contracts providing for indemnification, to ensure full
      payment of indemnifiable amounts.
The
      Registrant has entered into indemnification agreements with its directors and
      its executive officers.
Item
      7.
Exemptions
      from Registration Claimed.
Not
      Applicable.
Item
      8.
Exhibits.
5.1
Opinion
                and consent of Thomas Larson, Esq., Associate General Counsel of
                the
                Registrant, concerning the legality of the shares of common stock
                being
                registered hereunder.
5.2
Internal
                Revenue Service Determination Letter dated November 29,
                2001.
5.3
Opinion
                and Consent of Mark Voelpel, Associate General Counsel of the Registrant,
                concerning the compliance of the Plan with the requirements of
                ERISA.
4
23
Consent
                of Independent Accountants
24.
Power
                of Attorney executed by directors and officers of the
                Registrant.
Item
                9.
Undertakings.
(a)
The
                undersigned Registrant hereby undertakes:
(1)
To
                file, during any period in which offers or sales are being made,
                a
                post-effective amendment to this registration
                statement:
(i) 
                To include any prospectus required by section 10(a)(3) of the Securities
                Act of 1933;
(ii) 
                To reflect in the prospectus any facts or events arising after the
                effective date of the registration statement (or the most recent
                post-effective amendment thereof) which, individually or in the aggregate,
                represent a fundamental change in the information set forth in the
                registration statement. Notwithstanding the foregoing, any increase
                or
                decrease in the volume of securities offered (if the total dollar
                value of
                securities offered would not exceed that which was registered) and
                any
                deviation from the low or high end of the estimated maximum offering
                range
                may be reflected in the form of prospectus filed with the Commission
                pursuant to Rule 424(b) if, in the aggregate, the changes in volume
                and
                price represent no more than 20 percent change in the maximum aggregate
                offering price set forth in the "Calculation of Registration Fee" table in
                the effective registration statement;
(iii) 
                To include any material information with respect to the plan of
                distribution not previously disclosed in the registration statement
                or any
                material change to such information in the registration
                statement;
Provided
      however, that:
A.
Paragraphs
      (a)(1)(i) and (a)(1)(ii) do not apply if the registration statement is on Form
      S-8, and the information required to be included in a post-effective amendment
      by those paragraphs is contained in periodic reports filed with or furnished
      to
      the Commission by the Registrant pursuant to section 13 or section 15(d) of
      the
      Securities Exchange Act of 1934 that are incorporated by reference in the
      registration statement.
B.
Paragraphs
      (a)(1)(i), (a)(1)(ii), (a)(1)(iii) of this section do not apply if the
      registration statement is on Form S-3 or Form F-3 and the information required
      to be included in a post-effective amendment by those paragraphs is contained
      in
      reports filed with or furnished to the commission by the registrant pursuant
      to
      section 13 or section
5
15(d)
      of
      the Securities Exchange Act of 1934 that are incorporated by reference in the
      registration statement, or is contained in a form or prospectus filed pursuant
      to Rule 424(B) that is part of the registration statement.
C.
Provided
      further, however that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the
      registration statement is an offering of asset-based securities on Form S-1,
      and
      the information required to be included in a post-effective amendment is
      provided pursuant to Item 1100(c) of Regulation AB.
(2)
That,
      for
      the purpose of determining any liability under the Securities Act of 1933,
      each
      such post-effective amendment shall be deemed to be a new registration statement
      relating to the securities offered therein and the offering of such securities
      at that time shall be deemed to be the initial bona fide offering
      thereof.
(3)
To
      remove
      from registration by means of a post-effective amendment any of the securities
      being registered which remain unsold at the termination of the
      offering.
(4)
If
      the
      registrant is a foreign private issuer, to file a post-effective amendment
      to
      the registration statement to include any financial statements required by
      Item
      8.A. of
Form
      20-F
at the
      start of any delayed offering or throughout a continuous offering. Financial
      statements and information otherwise required by
Section
      10(a)(3)
of the
      Act need not be furnished, provided that the registrant includes in the
      prospectus, by means of a post-effective amendment, financial statements
      required pursuant to this paragraph (a)(4) and other information necessary
      to
      ensure that all other information in the prospectus is at least as current
      as
      the date of those financial statements. Notwithstanding the foregoing, with
      respect to registration statements on
Form
      F-3
,
      a
      post-effective amendment need not be filed to include financial statements
      and
      information required by Section 10(a)(3) of the Act or Rule 3-19 of this chapter
      if such financial statements and information are contained in periodic reports
      filed with or furnished to the Commission by the registrant pursuant to
section
      13
or
section
      15(d)
of the
      Securities Exchange Act of 1934 that are incorporated by reference in the Form
      F-3.
(5)
That,
      for
      the purpose of determining liability under the Securities Act of 1933 to any
      purchaser:
i.
If
                  the registrant is relying on Rule 430B
:
A.
Each
                  prospectus filed by the registrant pursuant to
Rule 424(b)(3)
shall be deemed to be part of the registration statement as of
                  the date
                  the filed prospectus was deemed part of and included in the registration
                  statement; and
B.
Each
                  prospectus required to be filed pursuant to
Rule
                  424(b)(2)
,
(b)(5)
,
                  or
(b)(7)
as
                  part of a registration statement in reliance on Rule 430B
                  relating
6
to
                  an offering made pursuant to
Rule
                  415(a)(1)(i)
,
(vii)
,
                  or
(x)
for the purpose of providing the information required by section
                  10(a) of
                  the Securities Act of 1933 shall be deemed to be part of and included
                  in
                  the registration statement as of the earlier of the date such form
                  of
                  prospectus is first used after effectiveness or the date of the
                  first
                  contract of sale of securities in the offering described in the
                  prospectus. As provided in Rule 430B, for liability purposes of
                  the issuer
                  and any person that is at that date an underwriter, such date shall
                  be
                  deemed to be a new effective date of the registration statement
                  relating
                  to the securities in the registration statement to which that prospectus
                  relates, and the offering of such securities at that time shall
                  be deemed
                  to be the initial bona fide offering thereof. Provided, however,
                  that no
                  statement made in a registration statement or prospectus that is
                  part of
                  the registration statement or made in a document incorporated or
                  deemed
                  incorporated by reference into the registration statement or prospectus
                  that is part of the registration statement will, as to a purchaser
                  with a
                  time of contract of sale prior to such effective date, supersede
                  or modify
                  any statement that was made in the registration statement or prospectus
                  that was part of the registration statement or made in any such
                  document
                  immediately prior to such effective date; or
ii.
If
                  the registrant is subject to Rule 430C, each prospectus filed pursuant
                  to
                  Rule 424(b) as part of a registration statement relating to an
                  offering,
                  other than registration statements relying on Rule 430B or other
                  than
                  prospectuses filed in reliance on Rule 430A, shall be deemed to
                  be part of
                  and included in the registration statement as of the date it is
                  first used
                  after effectiveness. Provided, however, that no statement made
                  in a
                  registration statement or prospectus that is part of the registration
                  statement or made in a document incorporated or deemed incorporated
                  by
                  reference into the registration statement or prospectus that is
                  part of
                  the registration statement will, as to a purchaser with a time
                  of contract
                  of sale prior to such first use, supersede or modify any statement
                  that
                  was made in the registration statement or prospectus that was part
                  of the
                  registration statement or made in any such document immediately
                  prior to
                  such date of first use.
(6)
That,
      for
      the purpose of determining liability of the registrant under the Securities
      Act
      of 1933 to any purchaser in the initial distribution of the securities: The
      undersigned registrant undertakes that in a primary offering of securities
      of
      the undersigned registrant pursuant to this registration statement, regardless
      of the underwriting method used to sell the securities to the purchaser, if
      the
      securities are offered or sold to such purchaser by means of any of the
      following communications, the undersigned registrant will be a seller to the
      purchaser and will be considered to offer or sell such securities to such
      purchaser:
i.
Any
                preliminary prospectus or prospectus of the undersigned registrant
                relating to the offering required to be filed pursuant to Rule
                424;
7
ii.
Any
                free writing prospectus relating to the offering prepared by or on
                behalf
                of the undersigned registrant or used or referred to by the undersigned
                registrant;
iii.
The
                portion of any other free writing prospectus relating to the offering
                containing material information about the undersigned registrant
                or its
                securities provided by or on behalf of the undersigned registrant;
                and
iv.
Any
                other communication that is an offer in the offering made by the
                undersigned registrant to the
                purchaser.
(b)
The
      undersigned registrant hereby undertakes that, for purposes of determining
      any
      liability under the Securities Act of 1933, each filing of the registrant's
      annual report pursuant to Section 13(a) or Section 15(d) of the Securities
      Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
      plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of
      1934) that is incorporated by reference in the registration statement shall
      be
      deemed to be a new registration statement relating to the securities offered
      therein, and the offering of such securities at that time shall be deemed to
      be
      the initial bona fide offering thereof.
(c)
Insofar
      as indemnification for liabilities arising under the Securities Act of 1933
      may
      be permitted to directors, officers and controlling persons of the registrant
      pursuant to the foregoing provisions, or otherwise, the registrant has been
      advised that in the opinion of the Securities and Exchange Commission such
      indemnification is against public policy as expressed in the Act and is,
      therefore, unenforceable. In the event that a claim for indemnification against
      such liabilities (other than the payment by the registrant of expenses incurred
      or paid by a director, officer or controlling person of the registrant in the
      successful defense of any action, suit or proceeding) is asserted by such
      director, officer or controlling person in connection with the securities being
      registered, the registrant will, unless in the opinion of its counsel the matter
      has been settled by controlling precedent, submit to a court of appropriate
      jurisdiction the question whether such indemnification by it is against public
      policy as expressed in the Act and will be governed by the final adjudication
      of
      such issue.
8
SIGNATURES
The
      Registrant
.
      Pursuant to the requirements of the Securities Act of 1933, the Registrant
      certifies that it has reasonable grounds to believe that it meets all of the
      requirements for filing on Form S-8 and has duly caused this registration
      statement to be signed on its behalf by the undersigned, thereunto duly
      authorized, in the City of St. Louis, State of Missouri, on March 1,
      2007.
ANHEUSER-BUSCH
                  COMPANIES, INC.
By:
/s/
JoBeth
                G. Brown
JoBeth
                  G. Brown
(Vice
                  President and Corporate
                  Secretary)
9
Pursuant
      to the requirements of the Securities Act of 1933, this registration statement
      has been signed below by the following persons in the capacities and on the
      dates indicated:
Title
Date
AUGUST
                A. BUSCH IV
*
President
                and Chief
March
                1, 2007
August
                A. Busch IV
Executive
                Officer and
Director
                (Principal
Executive
                Officer)
W.
                RANDOLPH BAKER
*
Vice
                President and
March
                1, 2007
W.
                Randolph Baker
Chief
                Financial Officer
(Principal
Financial
                Officer)
JOHN
                F. KELLY
*
Vice
                President and
March
                1, 2007
John
                F. Kelly
Controller
                (Principal
Accounting
                Officer)
AUGUST
                A. BUSCH III
*
Director
March
                1, 2007
August
                A. Busch III
CARLOS
                FERNANDEZ G.
*
Director
March
                1, 2007
Carlos
                Fernandez G.
JAMES
                J. FORESE
*
Director
March
                1, 2007
James
                J. Forese
JOHN
                E. JACOB
*
Director
March
                1, 2007
John
                E. Jacob
JAMES
                R. JONES
*
Director
March
                1, 2007
James
                R. Jones
CHARLES
                F. KNIGHT
*
Director
March
                1 2007
Charles
                F. Knight
VERNON
                R. LOUCKS, JR.
*
Director
March
                1, 2007
Vernon
                R. Loucks, Jr.
VILMA
                S. MARTINEZ
*
Director
March
                1, 2007
Vilma
                S. Martinez
10
WILLIAM
                PORTER PAYNE
*
Director
March
                1, 2007
William
                Porter Payne
JOYCE
                M. ROCHÉ
*
Director
March
                1, 2007
Joyce
                M. Roché
HENRY
                HUGH SHELTON
*
Director
March
                1, 2007
Henry
                Hugh Shelton
PATRICK
                T. STOKES
*
Director
March
                1, 2007
Patrick
                T. Stokes
ANDREW
                C. TAYLOR
*
Director
March
                1, 2007
Andrew
                C. Taylor
DOUGLAS
                A. WARNER III
*
Director
March
                1, 2007
Douglas
                A. Warner III
EDWARD
                E. WHITACRE, JR.
*
Director
March
                1, 2007
Edward
                E. Whitacre, Jr.
*
                By:
/s/
JoBeth
              G. Brown
JoBeth
                G. Brown
Attorney-in-Fact
11
The
      Plan
.
      Pursuant to the requirements of the Securities Act of 1933, the trustees (or
      other persons who administer the Plan) of the Plan have duly caused this
      registration statement to be signed by the undersigned thereunto duly authorized
      in the City of St. Louis, State of Missouri on March 1, 2007.
ANHEUSER-BUSCH
                DEFERRED INCOME
STOCK
                PURCHASE AND SAVINGS PLAN
By:
                ANHEUSER-BUSCH COMPANIES, INC.,
as
                Plan Administrator
By:
/s/ John T.
                Farrell
Vice
                President, Employee Benefits
12
EXHIBIT
      INDEX
5.1
Opinion
                and consent of Thomas Larson, Esq., Associate General Counsel of
                the
                Registrant, concerning the legality of the shares of common stock
                being
                registered hereunder.
5.2
Internal
                Revenue Service Determination Letter dated November 29,
                2001.
5.3
Opinion
                and consent of Mark Voelpel, Associate General Counsel of Registrant,
                concerning the compliance of the Plan with the requirements of
                ERISA.
23
Consent
                of Independent Accountants.
24
Power
                of Attorney executed by directors and officers of the
                Registrant.