Royal UNIBREW

Transaction in Own Shares • Sep 23, 2013

Company announcement No 45/2013 – 23 september 2013

On 16 September 2013, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 44/2013 of 16 September 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 17 September 2013 to 20 November 2013. The maximum total share
buy-back in the period will represent 21,988 shares (a nominal value of DKK 0.2
million) corresponding to 0.2% of the share capital.

The following transactions have been made under the programme:

                          Number    Average purchase     Transaction value, 
                            of            price                  DKK        
                          shares

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Accumulated, last 0 0.00 0.00
announcement

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17 September 2013 1,000 655.13 655,128.00

18 September 2013 700 660.25 462,177.10

19 September 2013 650 669.70 435,301.75

20 September 2013 1,000 662.15 662,146.00

Accumulated under the 3,350 661.12 2,214,752.85
programme

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Following the transactions stated above, Royal Unibrew owns a total of 41,362
shares, corresponding to 0.4% of the Company’s share capital. The Company has a
total number of 11,098,500 shares, 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