1
                                                                  EX-10.15


            EXCERPTS FROM RESOLUTIONS ADOPTED BY THE ANHEUSER-BUSCH
           COMPANIES, INC. BOARD OF DIRECTORS ON SEPTEMBER 22,1993 
                 AMENDING THE ANHEUSER-BUSCH COMPANIES, INC. 
                    SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN



            RESOLVED, that the SERP be amended, effective for individuals
            terminating employment on or after October 1, 1993, as
            follows:  (i) to implement the features of the Enhanced
            Retirement Program which relate to the plan; (ii) to index the
            minimum compensation level required to participate in the plan
            in accordance with the Company's annual budgeted merit
            increase factor; (iii) to permit otherwise qualified
            executives employed by Campbell Taggart, Inc. and Merico, Inc.
            to participate in the plan; (iv) to provide for an increased
            benefit payment in the amount necessary to cover any parachute
            or similar penalty taxes which would be assessed against a
            participant if accelerated payment occurs because of a change
            in control as described in the plan; (v) to revise the benefit
            accrual method, early retirement reductions and interest rate
            formula for lump-sum payments, all in accordance with parallel
            amendments in the SEPP; (vi) to require that the lump-sum
            method of payment be the only payment method available on or
            after January 1, 1995, unless the participant elects another
            form of payment at least one year prior to retirement; (vii)
            to permit installment payments over a five-year period using
            such methodology as is adopted for the Executive Deferred
            Compensation Plan referred to below; (viii) to defer
            commencement of benefit payments for Named Executive Officers
            until the year following retirement; (ix) to recognize, under
            the benefit formula, any compensation deferred in any year
            under the new Executive Deferred Compensation Plan referred to
            below; and (x) to adopt such other changes as are necessary or
            appropriate to carry into effect the foregoing.