Royal UNIBREW

Transaction in Own Shares • May 16, 2011

Company announcement n0 12/2011 - 16 may 2011

On April 29, 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 December 22 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 11,408 365.66 4,171,415.59
announcement

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May 9, 2011 752 369.97 278,217.44

May 10, 2011 2,922 374.04 1,092,936.99

May 11, 2011 2,500 362.16 905,391.00

May 12, 2011 1,740 363.80 633,010.09

May 13, 2011 4,879 368.90 1,799,871.88

Accumulated under the 24,201 366.96 8,880,842.99
programme

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With the transactions stated above, Royal Unibrew owns a total of 130,875
shares, corresponding to 1.2% 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