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COORS ANNOUNCES ADDITIONAL MANAGEMENT FOR PROPOSED HOLDING COMPANY

 COORS ANNOUNCES ADDITIONAL MANAGEMENT FOR PROPOSED HOLDING COMPANY
 GOLDEN, Colo., June 1 /PRNewswire/ -- Adolph Coors Co. (NASDAQ: ACCOB) announced today Grover Coors and John Coors will join the management team of AC Technologies, the recently proposed holding company that would be formed to hold the company's diversified business interests.
 Grover Coors will hold the position of vice president of National Affairs. John Coors was selected vice president of Technology for Golden Technologies Co., a subsidiary that will be part of AC Technologies.
 It was announced at the annual shareholders meeting May 14, that the board of directors had authorized management to develop a plan to create AC Technologies, subject to the resolution of certain tax and other contingencies.
 The appointment of Grover Coors, 41, will become officially effective upon formation of that holding company. He will be responsible for the strategic business development at the national level for all the AC Technology businesses, consisting of Coors Ceramics Co., Golden Aluminum Co., Graphic Packaging Corp., Golden Technologies Co. Inc., ZeaGen Inc., and MicroLithics Corp. Since June 1991 he has had the same responsibilities within Adolph Coors Co. He will continue to office in Washington.
 His responsibilities will include relationship building and coalition development with leaders in government, military and business. He will report to Harold Smethills, named chief financial officer and member of the office of the president for AC Technologies.
 John Coors, 36, will move from his current position of vice president and plant manager for Coors Brewing Co. in Memphis, Tenn. The move will take place upon the naming of a successor. In his new position, John will be responsible for managing a new business opportunity being pursued by Golden Technologies. He will be headquartered in Golden. John will report to Jeffrey Coors, who is president of Golden Technologies Co. and a member of the office of the president for AC Technologies.
 "Last year, the companies that will comprise AC Technologies accounted for about 26 percent of Adolph Coors Company sales and had combined sales of $544 million," said Jeff Coors.
 "As we build a strong team of people to lead the future development of these businesses, I'm pleased and excited that Grover and John have agreed to join us at AC Technologies. They each bring significant high-tech experience to our group of companies," he said.
 Grover Coors received a bachelor of science degree in electrical engineering from the University of Colorado at Denver in 1976 and has been active in Adolph Coors Co. businesses since 1978.
 In 1985, he initiated a research and development project at Coors Ceramics Co. to manufacture copper thick-film multi-layer interconnect boards for advanced electronic systems. The successful development of this technology led to the incorporation of MicroLithics in 1988 for which he served as chairman and CEO.
 In addition, Grover Coors later served as chairman and CEO of Coors Electronic Package Co. and created the Advanced Electronics Group of Coors Ceramics Co., establishing Coors as the premier domestic packaging and interconnection company in the United States.
 John Coors received a bachelor of science degree in chemical and petroleum refining engineering from Colorado School of Mines in 1977 and his master's degree in biochemistry from the University of Texas at Austin in 1979. In 1985, he received his doctorate of engineering in brewing science from Technische Universitaet Muenchen- Weihenstephan, Germany.
 John began working at Coors Brewing Co. in 1979 as an engineer in process development. He also worked as supervisor in project management, supervisor of the brewhouse, manager of the malthouse and director of Customer Satisfaction Improvement. In 1988, he was appointed vice president of brewing operations.
 Adolph Coors Co., founded in 1873, is a highly diversified business with annual sales of $1.9 billion. Coors Brewing Co., a wholly owned subsidiary, is the third largest brewer in the United States. The company also operates major businesses in advanced ceramic materials, rigid container aluminum sheet and folding carton and flexible packaging.
 -0- 6/1/92
 /CONTACT: Anita Russell or Dave Dunnewald of Coors Brewing, 303-277-2555 or 800-525-3786/
 (ACCOB) CO: Adolph Coors Co.; AC Technologies; Coors Brewing Co. ST: Colorado IN: FOD SU: PER


BB -- DV005 -- 5768 06/01/92 14:01 EDT
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Date:Jun 1, 1992
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