Royal UNIBREW

Transaction in Own Shares • Jul 6, 2015

Company announcement No 25/2015 – 6 July 2015

On 30 April 2013, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 20/2013 of 30 April 2013. 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 397,947 241.50 96,105,247.79
announcement

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29 June 2015 4,169 231.82 966,447.16

30 June 2015 12,949 229.08 2,966,298.65

1 July 2015 6,375 229.07 1,460,333.36

2 July 2015 8,792 230.05 2,022,585.53

3 July 2015 6,458 227.07 1,466,395.46

Accumulated under the 436,690 240.41 104,987,307.95
programme

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With the transactions stated above, Royal Unibrew owns a total of 736,690
shares, corresponding to 1.3% 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