8-K

                                UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION

                           WASHINGTON, D.C. 20549

                                  Form 8-K

                               CURRENT REPORT

                   Pursuant to Section 13 or 15(d) of the
                       Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported) January 5, 2006


                       ANHEUSER-BUSCH COMPANIES, INC.
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           (Exact name of registrant as specified in its charter)

                Delaware                     1-7823              43-1162835
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      (State or other jurisdiction      (Commission             (IRS Employer
           of incorporation)            File Number)         Identification No.)

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

      Registrant's telephone number, including area code:  314-577-2000
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                                    NONE
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        (Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the obligation of the registrant under any of the
following provisions:

[  ]     Written communications pursuant to Rule 425 under the Securities Act
         (17 CFR 230.425)

[  ]     Soliciting material pursuant to Rule 14a-12 under the Exchange Act
         (17 CFR 240.14a-12)

[  ]     Pre-commencement communications pursuant to Rule 14d-2(b) under the
         Exchange Act (17 CFR 240.14d-2(b))

[  ]     Pre-commencement communications pursuant to Rule 13e-4(c) under the
         Exchange Act (17 CFR 240.13e-4(c))






Item 2.02         Results of Operations and Financial Condition

         On January 5, 2006, Anheuser-Busch, Inc. issued a press release
announcing its U.S. beer volume results in 2005 for the fourth quarter and
full year. A copy of the press release is furnished as Exhibit 99 to this
report and is incorporated herein.

Item 9.01         Financial Statements and Exhibits.

Exhibit 99 - Press Release issued by Anheuser-Busch, Inc. dated January 5, 2006,
             reporting its U.S. beer volume results in 2005.



                                 SIGNATURES
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         Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


                                        ANHEUSER-BUSCH COMPANIES, INC.
                                        (Registrant)



                                        BY: /s/ John F. Kelly
                                            -----------------------------------
                                            John F. Kelly
                                            Vice President and Controller


DATE: January 5, 2006


                                EXHIBIT INDEX
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Exhibit No.       Description
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    99            Press release issued by Anheuser-Busch, Inc. dated January 5,
                  2006, reporting its U.S. beer volume results in 2005.

EX-99

Exhibit 99

[GRAPHIC]                                                     News




For more information, contact:
Loren Wassell (314) 577-0733


FOR IMMEDIATE RELEASE


           ANHEUSER-BUSCH REPORTS IMPROVED U.S. BEER VOLUME TRENDS
           -------------------------------------------------------

         ST. LOUIS, Jan. 5, 2006 - Anheuser-Busch, Inc., the U.S. beer
subsidiary of Anheuser-Busch Cos., Inc., reported fourth quarter 2005
wholesaler sales-to-retailers in the U.S. increased by 2.7 percent (selling
day adjusted) over fourth quarter 2004, it was announced today by
Anheuser-Busch, Inc., President, August A. Busch IV. For the full year,
wholesaler sales-to-retailers increased 0.2 percent (selling day adjusted)
compared with 2004.
         "The company's initiatives to enhance beer volume and market share
growth are working and our recent volume results have been encouraging,"
said Busch. "Wholesaler sales-to-retailers have increased 1.8 percent since
Labor Day. Also, during the second half of 2005 the company's market share
has increased in supermarkets, according to IRI data and wholesaler
sales-to-retailers increased 0.8 percent (selling day adjusted) over the
comparable 2004 period."
         Fourth quarter 2005 U.S. beer shipments to wholesalers increased
0.8 percent over fourth quarter 2004. For the full year 2005 beer shipments
by Anheuser-Busch to wholesalers were 101.1 million barrels, a 1.8 percent
decrease compared with 2004 as the company reduced wholesaler inventories
below 2004 year-end levels.
         "We are pleased with the progress of our current initiatives and
believe Anheuser-Busch is positioned for growth in volume and profits in
2006," concluded Busch.
         Anheuser-Busch Cos., Inc. will announce worldwide beer volume and
consolidated earnings results for the fourth quarter and full year 2005 on
Feb. 1, 2006.

                                  - more -






U.S. Beer Volume in 2005
Page 2




                                    # # #

         This release contains forward-looking statements regarding the
company's expectations concerning its future operations, earnings and
prospects. On the date the forward-looking statements are made, the
statements represent the company's expectations, but the company's
expectations concerning its future operations, earnings and prospects may
change. The company's expectations involve risks and uncertainties (both
favorable and unfavorable) and are based on many assumptions that the
company believes to be reasonable, but such assumptions may ultimately prove
to be inaccurate or incomplete, in whole or in part. Accordingly, there can
be no assurances that the company's expectations and the forward-looking
statements will be correct. Important factors that could cause actual
results to differ (favorably or unfavorably) from the expectations stated in
this release include, among others, changes in the pricing environment for
the company's products; changes in U.S. demand for malt beverage products,
including changes in U.S. demand for other alcohol beverages; changes in
consumer preference for the company's malt beverage products; changes in the
cost of marketing the company's malt beverage products; regulatory or
legislative changes, including changes in beer excise taxes at either the
federal or state level and changes in income taxes; changes in the
litigation to which the company is a party; changes in raw materials prices;
changes in packaging materials costs; changes in energy costs; changes in
interest rates; changes in foreign currency exchange rates; unusual weather
conditions that could impact beer consumption in the U.S.; changes in
attendance and consumer spending patterns for the company's theme park
operations; changes in demand for aluminum beverage containers; changes in
the company's international beer business or in the beer business of the
company's international equity partners; changes in the economies of the
countries in which the company's international beer business or its
international equity partners operate; changes in the company's credit
rating resulting from future acquisitions or divestitures; and the effect of
stock market conditions on the company's share repurchase program.
Anheuser-Busch disclaims any obligation to update or revise any of these
forward-looking statements.