Royal UNIBREW

Transaction in Own Shares • Jun 13, 2016

Company announcement No 34/2016– 13 June 2016

On 2 March 2016, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 10/2016 of 1 March 2016. The programme is implemented
in accordance with the provisions of European Commission Regulation no.
2273/2003 of 22 December 2003, also referred to as the Safe Harbour Regulation.
The share buy-back programme is expected to be realised in the period from 2
March 2016 to 28 February 2017. The total share buy-back in the period will not
exceed a market price of DKK 450 million.

The following transactions have been made under the programme:

                          Number    Average purchase     Transaction value, 
                            of            price                  DKK        
                          shares

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Accumulated, last 353,931 297.14 105,165,992.58
announcement

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6 June 2016 3,855 305.54 1,177,852.85

7 June 2016 3,821 306.73 1,172,011.51

8 June 2016 16,000 301.13 4,818,108.80

9 June 2016 7,964 298.61 2,378,135.61

10 June 2016 12,415 294.94 3,661,686.31

Accumulated under the 397,986 297.43 118,373,787.66
programme

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With the transactions stated above Royal Unibrew owns a total of 709,827
shares, corresponding to 1.3% of the share capital. The total amount of shares
in the company is 54,100,000, including treasury shares.

Please direct any queries to me at tel. +45 56 77 15 05.

Yours sincerely

Royal Unibrew A/S

Lars Jensen

CFO