Royal UNIBREW

Transaction in Own Shares • Jul 11, 2011

COMPANY ANNOUNCEMENT NO 22/2011- 11 JULY 2011

On 29 April 2011, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 7/2011 of 28 April 2011. 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 29
April 2011 to 31 October 2011. The total share buy-back in the period will not
exceed a market price of DKK 110 million.

The following transactions have been made under the programme:

                          Number    Average purchase     Transaction value, 
                            of            price                  DKK        
                          shares

Accumulated, last 106,217 353.55 37,552,968.31
announcement

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July 4, 2011 462 342.00 158,004.00

July 5, 2011 - - -

July 6, 2011 102 347.50 35,445.00

July 7, 2011 2,685 346.21 929,574.92

July 8, 2011 1,650 347.09 572,698.50

Accumulated under the 111,116 353.22 39,248,690.73
programme

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With the transactions stated above, Royal Unibrew owns a total of 217,790
shares, corresponding to 1.9% 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

Peter Ryttergaard

CFO