Royal UNIBREW

Transaction in Own Shares • Jul 16, 2012

Company announcement No 35/2012– 16 July 2012

On 1 May 2012, Royal Unibrew initiated a share buy-back programme, cf. company
announcement no. 20/2012 of 30 April 2012. 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 1 May 2012 to
13 November 2012. The total share buy-back in the period will not exceed a
market price of DKK 125 million.

The following transactions have been made under the programme:

                          Number    Average purchase     Transaction value, 
                            of            price                  DKK        
                          shares

---

Accumulated, last 107,261 382.93 41.073.192,73
announcement

---

July 9, 2012 3,062 383.37 1,173,878.94

July 10, 2012 3,069 383.53 1,177,053.57

July 11, 2012 1,814 386.12 700,421.68

July 12, 2012 2,805 386.89 1,085,226.45

July 13, 2012 3,000 387.72 1,163,160.00

Accumulated under the 121,011 383.21 46,372,933.37
programme

---

With the transactions stated above, Royal Unibrew owns a total of 142,276
shares, corresponding to 1.3% of the share capital. The total amount of shares
in the company is 10,570,000 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