Exhibit 25

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF
A CORPORATION DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF
A TRUSTEE PURSUANT TO SECTION 305(b)(2) ________

JPMORGAN CHASE BANK

(Exact name of trustee as specified in its charter)

New York	13-4994650
(State of incorporation if not a national bank)	(I.R.S. employer identification No.)

270 Park Avenue New York, New York	10017
(Address of principal executive offices)	(Zip Code)

William H. McDavid
General Counsel
270 Park Avenue
New York, New York 10017
Tel: (212) 270-2611
(Name, address and telephone number of agent for service)

Anheuser-Busch Companies, Inc.
(Exact name of obligor as specified in its charter)

Delaware	43-1162835
(State or other jurisdiction of incorporation or organization)	(I.R.S. employer identification No.)

One Busch Place St. Louis, Missouri	63118
(Address of principal executive offices)	(Zip Code)

DEBT SECURITIES

(Title of the indenture securities)

GENERAL

Item 1.      General Information.

             Furnish the following information as to the trustee:

(a) Name and address of each examining or supervising authority to which it is subject.

New York State Banking Department, State House, Albany, New York 12110.

Board of Governors of the Federal Reserve System, Washington, D.C., 20551

Federal Reserve Bank of New York, District No. 2, 33 Liberty Street, New York, N.Y.

Federal Deposit Insurance Corporation, Washington, D.C., 20429.

(b) Whether it is authorized to exercise corporate trust powers.

Yes.

Item 2.      Affiliations with the Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

-2-

Item 16.     List of Exhibits

        List below all exhibits filed as a part of this Statement of Eligibility.

        1.      A copy of the Restated Organization Certificate of the Trustee and the Certificate of Amendment dated November 9, 2001 (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-73746 which is incorporated by reference).

        2.      A copy of the Certificate of Authority of the Trustee to Commence Business (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 33-50010, which is incorporated by reference). On November 11, 2001, in connection with the merger of The Chase Manhattan Bank and Morgan Guaranty Trust Company of New York, the surviving corporation was renamed JPMorgan Chase Bank.

        3.      None, authorization to exercise corporate trust powers being contained in the documents identified above as Exhibits 1 and 2.

        4.      A copy of the existing By-Laws of the Trustee (see Exhibit 4 to Form T-1 filed in connection with Registration Statement No. 333-73746, which is incorporated by reference).

        5.      Not applicable.

        6.      The consent of the Trustee required by Section 321(b) of the Act (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 33-50010, which is incorporated by reference). On November 11, 2001, in connection with the merger of The Chase Manhattan Bank and Morgan Guaranty Trust Company of New York, the surviving corporation, was renamed JPMorgan Chase Bank.

        7.      A copy of the latest report of condition of the Trustee, published pursuant to law or the requirements of its supervising or examining authority (see Exhibit 7 to Form T-1 filed in connection with Registration Statement No. 333-73746 which is incorporated by reference).

        8.      Not applicable.

        9.      Not applicable.

SIGNATURE

        Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, JPMorgan Chase Bank, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York and State of New York, on the 17th day of July, 2002.

JPMORGAN CHASE BANK
By	/s/ ROBERT S. PESCHLER
	Robert S. Peschler Assistant Vice President

-3-

Exhibit 7 to Form T-1

Bank Call Notice

RESERVE DISTRICT NO. 2
CONSOLIDATED REPORT OF CONDITION OF

JPMorgan Chase Bank
of 270 Park Avenue, New York, New York 10017
and Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System,

at the close of business March 31, 2002, in
accordance with a call made by the Federal Reserve Bank of this
District pursuant to the provisions of the Federal Reserve Act.

ASSETS	Dollar Amounts in Millions
Cash and balances due from depository institutions:
Noninterest-bearing balances and
currency and coin	$   22,028
Interest-bearing balances	9,189
Securities:
Held to maturity securities	428
Available for sale securities	56,159
Federal funds sold and securities purchased under
agreements to resell
Federal funds sold in domestic offices	1,901
Securities purchased under agreemnets to resell	69,260
Loans and lease financing receivables:
Loans and leases held for sale	13,042
Loans and leases, net of unearned income	$ 165,950
Less: Allowance for loan and lease losses	3,284
Loans and leases, net of unearned income and
allowance	162,666
Trading Assets	152,633
Premises and fixed assets (including capitalized leases)	5,737
Other real estate owned	43
Investments in unconsolidated subsidiaries and
associated companies	366
Customers' liability to this bank on acceptances
outstanding	306
Intangible assets
Goodwill	1,908
Other Intangible assets	7,218
Other assets	38,458
TOTAL ASSETS	$ 541,342

-4-

LIABILITIES
Deposits
In domestic offices	$ 151,985
Noninterest-bearing	$   66,567
Interest-bearing	85,418
In foreign offices, Edge and Agreement
subsidiaries and IBF's	119,955
Noninterest bearing	$      6,741
Interest-bearing	113,214
Federal funds purchased and securities sold under agree- ments to repurchase:
Federal funds purchased in domestic offices	12,983
Securities sold under agreements to repurchase	82,618
Trading liabilities	94,099
Other borrowed money (includes mortgage indebtedness
and obligations under capitalized leases)	10,234
Bank's liability on acceptances executed and outstanding	311
Subordinated notes and debentures	9,679
Other liabilities	25,609
TOTAL LIABILITIES	507,473
Minority interest in consolidated subsidiaires	109
EQUITY CAPITAL
Perpetual preferred stock and related surplus	0
Common stock	1,785
Surplus (exclude all surplus related to preferred stock)	16,304
Retained earnings	16,548
Accumulated other comprehensive income	(877)
Other equity capital components	0
TOTAL EQUITY CAPITAL	33,760
TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL	$ 541,342

I, Joseph L. Sclafani, E.V.P. & Controller of the above-named bank, do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

JOSEPH L. SCLAFANI

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us, and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

WILLIAM B. HARRISON, JR.   )

ELLEN V. FUTTER    )

LAWRENCE A. BOSSIDY   )

-5-