MOLSON COORS BEVERAGE CO — Director's Dealing 2004

Feb 25, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COORS ADOLPH CO (RKY)
CIK: 0000024545
Period of Report: 2004-02-24

Reporting Person: UTTER LYNN M (Chief Strategy Officer/CBC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-24	Class B Common Stock (non-voting)	M	3659	$56.8438	Acquired	3659	Direct
2004-02-24	Class B Common Stock (non-voting)	D	2259	$66.24	Disposed	1400	Direct
2004-02-24	Class B Common Stock (non-voting)	D	400	$66.19	Disposed	1000	Direct
2004-02-24	Class B Common Stock (non-voting)	D	1000	$66.18	Disposed	0	Direct
2004-02-24	Class B Common Stock (non-voting)	M	6211	$59.25	Acquired	6211	Direct
2004-02-24	Class B Common Stock (non-voting)	D	3000	$66.16	Disposed	3211	Direct
2004-02-24	Class B Common Stock (non-voting)	D	1350	$66.28	Disposed	1861	Direct
2004-02-24	Class B Common Stock (non-voting)	D	561	$66.22	Disposed	1300	Direct
2004-02-24	Class B Common Stock (non-voting)	D	800	$66.21	Disposed	500	Direct
2004-02-24	Class B Common Stock (non-voting)	D	500	$66.11	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-24	Employee Stock Option (right to buy)	$56.8438	M	3659	Disposed	2009-01-04	Common Stock (3659)	Direct
2004-02-24	Employee Stock Option (right to buy)	$59.25	M	6211	Disposed	2009-02-16	Common Stock (6211)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock (non-voting)	39.82	Indirect
Class B Common Stock (non-voting)	1005	Direct

Footnotes

F1: The amount of securities in the Reporting Persons 401(k) is derived by combining the value of contributions by Reporting Person to their 401(k) plus Company matches to the Reporting Persons 401(k) and dividing this account balance by the Issuer's stock price as of 12/31/03 - this equals the reported number of shares in the Reporting Persons 401(k) account.

F2: The Reporting Person owns 90,544 options with various exercise prices and various expiration dates.