Royal UNIBREW

Transaction in Own Shares • Jul 23, 2007

23 July 2007 RU25 / 2007

Company Announcement

Should you request additional information, please do not hesitate to contact Ulrik Sørensen, CFO, at tel +45 5677 1500

Share Buy‐back at Royal Unibrew A/S

On 1 June 2007, Royal Unibrew A/S launched its published Share Buy‐back Programme with expected maximum share buy‐back for DKK 200 million in the period up to the next annual General Meeting on 28 April 2008 (cf Announcement RU 18/2007 of 31 May 2007). The share buy‐back will be executed under the "Safe Harbour" provisions of the EU Commission Regulation No 2273/2003 of 22 December 2003. Royal Unibrew will therefore every seventh transaction day make an announcement of the accumulated pur‐ chases made under the Programme.

Since the latest announcement of 12 July 2007 Royal Unibrew has under the Programme made the follow‐ ing purchases:

Trading day	Number of pur‐	Average trading	Amount DKK
	chased shares	price
Accumulated for trading 1‐28	22,456	750.88	16,861,786.77
12 July 2007	660	776.81	512,694.60
13 July 2007	1,280	780.75	999,360.00
16 July 2007	1,400	779.37	1,091,188.00
17 July 2007	870	771.90	671,553.00
18 July 2007	710	770.00	546,553.00
19 July 2007	1,000	769.45	769,450.00
20 July 2007	800	767.83	614,264.00
Accumulated for trading 1‐34	29,176	756.34	22,066,926.37

Securities ID DK0010242999

The purchases referred to above imply that Royal Unibrew A/S now holds a total of 426,582 treasury shares of a nominal value of DKK 10 each, equivalent to 6.9% of the total number of issued shares of 6,180,000.

Please address any questions to me at tel. +45 56 77 15 00.

Yours sincerely Royal Unibrew A/S

Ulrik Sørensen CFO