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    <Timestamp>2012-07-13T09:09:28-04:00</Timestamp>
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        <BusinessNameLine1>BKD LLP</BusinessNameLine1>
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        <AddressLine1>10001 REUNION PLACE SUITE 400</AddressLine1>
        <City>SAN ANTONIO</City>
        <State>TX</State>
        <ZIPCode>782164137</ZIPCode>
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      <Name>
        <BusinessNameLine1>Pabst Retiree Health and Welfare Trust</BusinessNameLine1>
      </Name>
      <NameControl>PABS</NameControl>
      <Phone>2102996708</Phone>
      <USAddress>
        <AddressLine1>121 Interpark Blvd Suite 300</AddressLine1>
        <City>San Antonio</City>
        <State>TX</State>
        <ZIPCode>78216</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Yvonne Vega</Name>
      <Title>Vice President of Human Resources</Title>
      <DateSigned>2012-07-15</DateSigned>
    </Officer>
    <Preparer>
      <Name>John R Bruce CPA</Name>
      <Phone>2103419400</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <StateLegalDomicile>WI</StateLegalDomicile>
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        <ReturnReference>SCH. D, PART XI, LINE 8</ReturnReference>
        <Explanation>ADDITIONAL REVENUE FOR FYE 8/21/2011, TAX YEAR, OVER 9/31/2011. FINANCIAL STATEMENT ACCOUNTING PERIOD WAS 5,392</Explanation>
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    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <GeneralExplanation>
        <Identifier>TRUSTEES OF THE PLAN RELATED THROUGH BUSINESS RELATIONSHIPS</Identifier>
        <ReturnReference>FORM 990, PART VI, QUESTION 2</ReturnReference>
        <Explanation>SUSAN LINDQUIST AND BILL WOLZ ARE ALL CURRENT OR FORMER OFFICERS OF PABST BREWING COMPANY. AS SUCH, THEY HAVE A BUSINESS RELATIONSHIP TO OPERATE THE ORGANIZATION DURING THE TIMES OF THEIR RESPECTIVE EMPLOYMENT PERIODS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>DOCUMENTS AVAILABLE TO THE PUBLIC</Identifier>
        <ReturnReference>FORM 990, PART VI, QUESTION 19</ReturnReference>
        <Explanation>PABST RETIREE HEALTH AND WELFARE TRUST DO NOT MAKE THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC SINCE THEY ARE NOT REQUIRED TO DO SO. HOWEVER, THEIR 990 IS POSTED TO GUIDESTAR.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>990 REVIEW PROCESS</Identifier>
        <ReturnReference>FORM 990, PART VI, QUESTION 11A</ReturnReference>
        <Explanation>THE FORM 990 IS REVIEWED BY THE ADMINISTRATOR, PABST AND ITS LEGAL COUNSEL.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>AVERAGE HOURS WORKED FOR RELATED ORGANIZATIONS</Identifier>
        <ReturnReference>FORM 990, PART VII, SECTION A, QUESTION 1A</ReturnReference>
        <Explanation>AVG HOURS WORKED FOR RELATED ORG SUSAN LINDQUIST 50 BILL WOLZ 50</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>AUDITED FINANCIALS</Identifier>
        <ReturnReference>FORM 990, PART XI, QUESTION 2B</ReturnReference>
        <Explanation>THE FINANCIALS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT, BUT THE AUDIT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2011 HAS NOT BEEN COMPLETED. THE FINANCIALS ARE ADJUSTED FOR THE DIFFERENT ACCOUNTING PERIODS IN PREPARATION OF THE FORM 990.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR">
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PABST BREWING COMPANY INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>121 INTERPARK BLVD STE 300</AddressLine1>
          <City>SAN ANTONIO</City>
          <State>TX</State>
          <ZIPCode>78216</ZIPCode>
        </AddressUS>
        <EIN>390983896</EIN>
        <PrimaryActivity>BREWERY</PrimaryActivity>
        <LegalDomicileState>IL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORPORATION</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>true</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>true</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>