Royal UNIBREW

Transaction in Own Shares • Jun 6, 2016

Company announcement No 33/2016– 6 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

---

Accumulated, last 328,931 296.45 97,510,669.66
announcement

---

30 May 2016 2,245 304.49 683,582.52

31 May 2016 4,579 305.41 1,398,465.98

1 June 2016 6,247 306.64 1,915,589.45

2 June 2016 3,228 307.03 991,079.93

3 June 2016 8,701 306.47 2,666,605.04

Accumulated under the 353,931 297.14 105,165,992.58
programme

---

With the transactions stated above Royal Unibrew owns a total of 665,772
shares, corresponding to 1.2% 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