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Royal UNIBREW

Major Shareholding Notification • Apr 27, 2016

3380_mrq_2016-04-27_cda5f9cd-062e-4446-b5a7-072c3a1dcfa7.pdf

Major Shareholding Notification

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COMPANY ANNOUNCEMENT N0 20/2016 – 27 APRIL 2016

Pursuant to section 29 of the Danish Securities Trading Act, Royal Unibrew A/S hereby announces that it has received notification from BlackRock Investment Management (UK) Limited, 12 Throgmorton Avenue, London EC2N 2DL, UK on a change in BlackRock, Inc.´s indirect holding of shares in Royal Unibrew A/S.

BlackRock, Inc. holds hereafter indirectly through several subsidiaries in total 5.40% of the share capital and voting rights in Royal Unibrew A/S, of which 4.98% is related to shares in the company and 0.41% is related to financial instruments based on the company's shares pursuant to section 29, para 4 of the Danish Securities Trading Act.

Please direct any queries to me at tel. +45 56 77 15 13.

Yours sincerely Royal Unibrew A/S

Henrik Brandt President & CEO

The Announcement has been prepared in Danish and English. In case of discrepancy, the Danish version shall prevail.