Royal UNIBREW

Transaction in Own Shares • May 29, 2012

Company announcement No 26/2012– 29 May 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

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Accumulated, last 19,777 392.86 7,769,600.04
announcement

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May 21, 2012 3,766 395,59 1,489,791.94

May 22, 2012 2,608 390.13 1,017,459.04

May 23, 2012 3,000 385.00 1,155,000.00

May 24, 2012 800 379.94 303,952.00

May 25, 2012 612 386.55 236,568.60

Accumulated under the 30,563 391.73 11,972,371.62
programme

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With the transactions stated above, Royal Unibrew owns a total of 668,326
shares before the share capital reduction (51,828 shares after the share
capital reduction), corresponding to 6.0% (0.5%) of the share capital. The
total amount of shares in the company is 11,186,498 before the share capital
reduction (10,570,000 shares after the capital reduction), including treasury
shares (cf. company announcement no. 21/2012 of 30 April 2012 – Minutes of the
AGM).

Please direct any queries to me at tel. +45 56 77 15 05.

Yours sincerely

Royal Unibrew A/S

Lars Jensen

CFO