EXHIBIT
      12.1




**PRINCIPAL
      EXECUTIVE OFFICER’S CERTIFICATION**




I, Carlos
      Alves de Brito, Chi ef
      Executive Officer of Companhia de Bebidas das Américas - AmBev, certify
      that:




1.
      I have
      reviewed this annual report on Form 20-F of Companhia de Bebidas das
      Américas - AmBev (the “Registrant”);




2.
      Based
      on my knowledge, this annual report does not contain any untrue statement of
      a
      material fact or omit to state a material fact necessary to make the statements
      made, in light of the circumstances under which such statements were made,
      not
      misleading with respect to the period covered by this annual
      report;




3.
      Based
      on my knowledge, the financial statements, and other financial information
      included in this annual report, fairly present in all material respects the
      financial condition, results of operations and cash flows of the Registrant
      as
      of, and for, the periods presented in this annual report;




4.
      The
      Registrant’s other certifying officers and I are responsible for establishing
      and maintaining disclosure controls and procedures (as defined in Exchange
      Act
      Rules 13a-15(e) and 15d-15(e)) for the Registrant and have:




a. Designed
      such disclosure controls and procedures, or caused such disclosure controls
      and
      procedures to be designed under our supervision, to ensure that material
      information relating to the Registrant, including its consolidated subsidiaries,
      is made known to us by others within those entities, particularly during the
      period in which this annual report is being prepared;




b. Evaluated
      the effectiveness of the Registrant’s disclosure controls and procedures and
      presented in this report my conclusions about the effectiveness of the
      disclosure controls and procedures, as of the end of the period covered by
      this
      report based on such evaluation; and




c. Disclosed
      in this report any change in the Registrant’s internal control over financial
      reporting that occurred during the period covered by the annual report that
      has
      materially affected, or is reasonably likely to materially affect, the
      Registrant’s internal control over financial reporting; and




5.
      The
      Registrant’s other certifying officers and I have disclosed, based on my most
      recent evaluation of internal control over financial reporting, to the
      Registrant’s auditors and the audit committee of Registrant’s Board of Directors
      (or persons performing the equivalent function):




a. All
      significant deficiencies and material weaknesses in the design or operation
      of
      internal control over financial reporting which are reasonably likely to
      adversely affect the Registrant’s ability to record, process, summarize and
      report financial data; and




b. Any
      fraud, whether or not material, that involves management or other employees
      who
      have a significant role in the Registrant’s internal control over financial
      reporting.




**COMPANHIA
                    DE BEBIDAS DAS AMÉRICAS
                    -**
                  **AMBEV**By:
                /s/ Carlos
                  Alves de BritoName:
                    Carlos
                    Alves de Brito
                  Time: Chief
                    Executive Officer for North America




Date:
      June 30, 2005















EXHIBIT
        12.1
  **PRINCIPAL
        EXECUTIVE OFFICER’S CERTIFICATION**
  I, Luiz
        Fernando Ziegler de Saint Edmond, Chi ef
        Executive Officer of Companhia de Bebidas das Américas - AmBev, certify
        that:
  1.
          I have
          reviewed this annual report on Form 20-F of Companhia de Bebidas das
          Américas - AmBev (the “Registrant”);
  2.
          Based
          on my knowledge, this annual report does not contain any untrue statement
          of a
          material fact or omit to state a material fact necessary to make the statements
          made, in light of the circumstances under which such statements were made,
          not
          misleading with respect to the period covered by this annual
          report;
  3.
          Based
          on my knowledge, the financial statements, and other financial information
          included in this annual report, fairly present in all material respects
          the
          financial condition, results of operations and cash flows of the Registrant
          as
          of, and for, the periods presented in this annual report;
  4.
          The
          Registrant’s other certifying officers and I are responsible for establishing
          and maintaining disclosure controls and procedures (as defined in Exchange
          Act
          Rules 13a-15(e) and 15d-15(e)) for the Registrant and have:
  a. Designed
          such disclosure controls and procedures, or caused such disclosure controls
          and
          procedures to be designed under our supervision, to ensure that material
          information relating to the Registrant, including its consolidated subsidiaries,
          is made known to us by others within those entities, particularly during
          the
          period in which this annual report is being prepared;
  b. Evaluated
          the effectiveness of the Registrant’s disclosure controls and procedures and
          presented in this report my conclusions about the effectiveness of the
          disclosure controls and procedures, as of the end of the period covered
          by this
          report based on such evaluation; and
  c. Disclosed
          in this report any change in the Registrant’s internal control over financial
          reporting that occurred during the period covered by the annual report
          that has
          materially affected, or is reasonably likely to materially affect, the
          Registrant’s internal control over financial reporting; and
  5.
          The
          Registrant’s other certifying officers and I have disclosed, based on my most
          recent evaluation of internal control over financial reporting, to the
          Registrant’s auditors and the audit committee of Registrant’s Board of Directors
          (or persons performing the equivalent function):
  a. All
          significant deficiencies and material weaknesses in the design or operation
          of
          internal control over financial reporting which are reasonably likely to
          adversely affect the Registrant’s ability to record, process, summarize and
          report financial data; and
  b. Any
          fraud, whether or not material, that involves management or other employees
          who
          have a significant role in the Registrant’s internal control over financial
          reporting.
 
 **COMPANHIA
                      DE BEBIDAS DAS AMÉRICAS
                      -**
                    **AMBEV**By:
                  /s/ Luiz
                    Fernando Ziegler de Saint EdmondName:
                    Luiz
                    Fernando Ziegler de Saint EdmondTitle:
                    Chief
                    Executive Officer for Latin
                    America
  Date:
        June 30, 2005