Royal UNIBREW

Transaction in Own Shares • Jun 1, 2015

Company announcement No 19/2015 – 1 June 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 268,537 242.90 65,228,274.37
announcement

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26 May 2015 6,100 242.39 1,478,570.46

27 May 2015 3,966 244.33 969,004.45

28 May 2015 6,033 245.33 1,480,095.20

29 May 2015 7,933 243.25 1,929,676.07

Accumulated under the 292,569 242.97 71,085,620.55
programme

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With the transactions stated above, Royal Unibrew owns a total of 592,569
shares, corresponding to 1.1% 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