Royal UNIBREW

Transaction in Own Shares • Oct 5, 2015

Company announcement No 42/2015 – 5 October 2015

On 11 March 2015, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 2/2015 of 10 March 2015. The programme was 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 11
March 2015 to 1 March 2016. The total share buy-back in the period will not
exceed a market price of DKK 350 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 799,068 234.74 187,572,456.00
announcement

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28 September 2015 6,770 246.98 1,672,049.18

29 September 2015 5,316 242.83 1,290,881.09

30 September 2015 4,810 248.98 1,197,572.16

1 October 2015 10,910 246.71 2,691,584.28

2 October 2015 5,092 252.73 1,286,877.74

Accumulated under the 831,966 235.24 195,711,420.45
programme

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With the transactions stated above, Royal Unibrew owns a total of 1,131,966
shares, corresponding to 2.0% of the share capital. The total amount of shares
in the company is 55,492,500, 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