Royal UNIBREW

Transaction in Own Shares • Apr 27, 2015

Company announcement No 9/2015 – 27 April 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 34,088 1,197.64 40,825,133.10
announcement

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20 April 2015 801 1,240.96 994,012.00

21 April 2015 451 1,249.32 563,444.99

22 April 2015 2,115 1,239.32 2,621,168.15

23 April 2015 704 1,233.32 868,256.01

24 April 2015 7 1,249.00 8,743.00

Accumulated under the 38,166 1,202.13 45,880,757.25
programme

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With the transactions stated above, Royal Unibrew owns a total of 98,166
shares, corresponding to 0.9% of the share capital. The total amount of shares
in the company is 11,098,500, 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