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Royal UNIBREW

Business and Financial Review May 1, 2014

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Company Announcement No 11/2014 – 1 May 2014

Royal Unibrew A/S has realised the sale of 5,000 square metres of buildings
rights at the brewery site in Aarhus.

A. Enggaard A/S, Entreprenør- og Byggefirma has exercised its purchase option
on 5,000 square metres of buildings rights which have now been acquired. Royal
Unibrew’s sale of the 5,000 square metres of building rights, see Company
Announcement No 4/2014 of 24 March 2014, has a net cash flow effect after tax
of approximately DKK 13 million, and the sale was realised at the carrying
amount of the building rights; therefore the sale will not affect the Company’s
profit or equity. The acquisition price deposited will be released to Royal
Unibrew upon registration of clear title, which is expected to take place
during May 2014.

Yours sincerely

Royal Unibrew A/S

Henrik Brandt

CEO

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

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