Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
STOKES PATRICK T
  2. Issuer Name and Ticker or Trading Symbol
ANHEUSER-BUSCH COMPANIES, INC. [BUD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
ONE BUSCH PLACE
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2008
(Street)

ST. LOUIS, MO 63118-1852
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ($1 par value)               39,728 D  
Common Stock ($1 par value) 05/05/2008   M   165,788 A $ 37.8907 517,040 (1) I By Family Limited Partnership
Common Stock ($1 par value) 05/05/2008   F   123,306 D $ 50.945 393,734 (1) I By Family Limited Partnership
Common Stock ($1 par value) 05/05/2008   S   11,900 D $ 51.5 381,834 (1) I By Family Limited Partnership
Common Stock ($1 par value) 05/05/2008   S   7,900 D $ 51.51 373,934 (1) I By Family Limited Partnership
Common Stock ($1 par value) 05/05/2008   S   2,500 D $ 51.52 371,434 (1) I By Family Limited Partnership
Common Stock ($1 par value) 05/05/2008   S   2,500 D $ 51.53 368,934 (1) I By Family Limited Partnership
Common Stock ($1 par value) 05/05/2008   S   400 D $ 51.54 368,534 (1) I By Family Limited Partnership
Common Stock ($1 par value) 05/05/2008   S   2,100 D $ 51.57 366,434 (1) I By Family Limited Partnership
Common Stock ($1 par value) 05/05/2008   S   4,900 D $ 51.58 361,534 (1) I By Family Limited Partnership
Common Stock ($1 par value) 05/05/2008   S   2,800 D $ 51.59 358,734 (1) I By Family Limited Partnership
Common Stock ($1 par value)               15,645 (2) I By Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) - NQ $ 37.8907 05/05/2008   M     165,788   (3) 11/23/2009 Common Stock 165,788 $ 0 0 I By Family Limited Partnership

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
STOKES PATRICK T
ONE BUSCH PLACE
ST. LOUIS, MO 63118-1852
  X      

Signatures

 Laura H. Reeves, Attorney-in-Fact for Patrick Stokes   05/06/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Beneficial ownership of these shares is disclaimed except to the extent of his and his spouse's pecuniary interest therein.
(2) The reporting person disclaims beneficial ownership of these shares which are held in the Stokes Charitable Remainder Unitrust, except to the extent of his and his wife's pecuniary interest therein.
(3) Options vested as follows: 165,788 on 11/24/00; 165,787 on 11/24/01; 165,787 on 11/24/02.

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