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Carlsberg A/S Director's Dealing 2011

Sep 9, 2011

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Pursuant to section 28(a) of the Danish Securities Trading Act, Carlsberg A/S
shall report the transactions in Carlsberg A/S shares of managerial staff and
connected persons.

Name: Kees van der Graaf

Reason: Member of Carlsberg A/S Supervisory Board

Issuer: Carlsberg A/S

ISIN code: DK0010181759

Type: Shares

Transaction: Purchase

Trading date: 8 September 2011

Market: OMX Nordic Exchange

Number: 950

Market price in DKK: DKK 376,960

        Contacts: Helle Bjørnskov Fischer, Group Legal, +45 3327 2189