SUMMARY OF COMPENSATION OF NON-EMPLOYEE DIRECTORS OF ANHEUSER-BUSCH COMPANIES, INC.

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                                                                 Exhibit 10.20

            SUMMARY OF COMPENSATION OF NON-EMPLOYEE DIRECTORS OF

                       ANHEUSER-BUSCH COMPANIES, INC.

Each non-employee director of Anheuser-Busch Companies, Inc. (the "Company")

is entitled to:

       1.      An annual retainer of $60,000, which such director may elect

              to receive in stock, cash or a combination of stock and cash

              under the Anheuser-Busch Companies, Inc. Non-Employee Director

              Elective Stock Acquisition Plan amended and restated as of

              March 1, 2000;

       2.      A fee of $2,000 per meeting for each meeting of the Board or

              any committee of the Board or other meeting of the directors

              of the Company at which less than a quorum is present;

       3.      An annual fee of $60,000 less any board service fees that the

              director is paid by an affiliate company for service as a

              representative of the Company's Board of Directors on the

              Board of an affiliated company;

       4.      An annual fee of $10,000 for serving as the chair of the

              Compensation, Conflict of Interest, Corporate Governance,

              Finance and Pension Committees o