We have examined the Balance Sheet as at December
31, 1980, the Profit and Loss Account for the period
from January 1 to December 311980, and the consoli
dated statements for 1980 of Heineken NV, Amsterdam,
included in this annual report, together with the expla
In our opinion these statements present fairly the finan
cial position of the company as at December 31, 1980,
and the results of its operations for the period from
January 1 to December 31, 1980.
Amsterdam, April 3, 1981
Klynveld Kraayenhof Co.