American Beverage Co Ambev – ‘20-F/A’ for 12/31/03 – EX-12.1

On:  Friday, 7/9/04, at 4:50pm ET   ·   For:  12/31/03   ·   Accession #:  950157-4-455   ·   File #:  1-15194

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Amendment to Annual Report of a Foreign Private Issuer   —   Form 20-F
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F/A      Amendment to Annual Report of a Foreign Private      208    979K 
                          Issuer -- form20-fa                                    
 3: EX-1.3      Cbb Bylaws                                            21    101K 
 4: EX-12.1     Principal Executive Officer Certification              2     10K 
 5: EX-12.2     Principal Financial Officer Certification              2     10K 
 6: EX-13.1     Certification of Principal Executive Officer           1      7K 
 7: EX-13.2     Certification of Principal Financial Officer           1      7K 
 2: EX-99.1     20-F/A Financial Pages                               103    430K 

EX-12.1   —   Principal Executive Officer Certification

EX-12.1
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                                                                EXHIBIT 12.1

PRINCIPAL EXECUTIVE OFFICER CERTIFICATION 

   I, Carlos Alves de Brito, Chief Executive Officer of Companhia de Bebidas
das Americas - AmBev, certify that:                                             

  1. I have reviewed this Amendment No.1 to the annual report on Form 20-F
of Companhia de Bebidas das Americas--AmBev (the "Registrant");                 

  2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to      
make the statements made, in light of the circumstances under which such        
statements were made, not misleading with respect to the period covered by      
this annual report;                                                             

 3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material      
respects the financial condition, results of operations and cash flows of the   
Registrant as of, and for, the periods presented in this annual report;         

 4. The Registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in  
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the Registrant and have:        

    a.   Designed such disclosure controls and procedures, or caused
          such disclosure controls and procedures to be designed under
           our supervision, to ensure that material information relating
            to the Registrant, including its consolidated subsidiaries, is
            made known to us by others within those entities, particularly
    during the period in which this annual report is being
prepared;                                         

   b.   Evaluated the effectiveness of the Registrant's disclosure
      controls and procedures and presented in this report our
            conclusions about the effectiveness of the disclosure controls
         and procedures, as of the end of the period covered by this
report based on such evaluation; and              

      c.   Disclosed in this report any change in the company's internal
       control over financial reporting that occurred during the
     period covered by the annual report that has materially
         affected, or is reasonably likely to materially affect, the
      company's internal control over financial reporting; and

   5. The Registrant's other certifying officers and I have disclosed, based
on our most recent evaluation of internal control over financial reporting, to  
the Registrant's auditors and the audit committee of Registrant's board of      
directors (or persons performing the equivalent function):                      

    a.   All significant deficiencies and material weaknesses in the
    design or operation of internal control over financial
reporting which are reasonably                    

EX-12.1
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            likely to adversely affect the Registrant's ability to record,
process, summarize and report financial data; and 

        b.   Any fraud, whether or not material, that involves management or
             other employees who have a significant role in the Registrant's
internal control over financial reporting.        

Date:  July 8, 2004                                                             
                                                 /s/ Carlos Alves de Brito
                                                   ---------------------------
                                             Carlos Alves de Brito
                                               Chief Executive Officer

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘20-F/A’ Filing		Date		First		Last			Other Filings
Filed on:		7/9/04							F-4
		7/8/04		2
For Period End:		12/31/03							20-F,  6-K,  6-K/A
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