Royal UNIBREW

Transaction in Own Shares • Jan 2, 2012

Company announcement n0 01/2012 – 2 JANUARY 2012

On 1 December 2011, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 41/2011 of 30 November 2011. The programme will be
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 01 December 2011 to 27 April 2012. The total share buy-back in the
period will not exceed a market price of DKK 60 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 37,448 300.50 11,252,994.01
announcement

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December 27, 2011 743 314.07 233,354.01

December 28, 2011 1,641 315.12 517,111.92

December 29, 2011 0 0.00

December 30, 2011 1,940 321.71 624,117.40

Accumulated under the 41,772 302.30 12,627,577.34
programme

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With the transactions stated above, Royal Unibrew owns a total of 500,820
shares, corresponding to 4.5 % of the share capital. The total amount of shares
in the company is 11,186,498, 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