Carlsberg A/S — Director's Dealing 2011

Aug 18, 2011

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: Per Øhrgaard

Reason: Member of Carlsberg A/S Supervisory Board

Issuer: Carlsberg A/S

ISIN code: DK0010181759

Type: Shares

Transaction: Purchase

Trading date: 18 August 2011

Market: OMX Nordic Exchange

Number: 265

Market price in DKK: DKK 99,508

Name: Anneli
Høier

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Reason: Spouse of Per Øhrgaard, member of Carlsberg A/S'
Supervisory Board

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Issuer: Carlsberg A/S

ISIN code: DK0010181759

Type: Shares

Transaction: Purchase

Trading date: 18 August 2011

Market: OMX Nordic Exchange

Number: 522

Market price in DKK 194,132
DKK:

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