MOLSON COORS BEVERAGE CO — Director's Dealing 2005

Jul 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOLSON COORS BREWING CO (TAP.A; TAP)
CIK: 0000024545
Period of Report: 2005-07-01

Reporting Person: KIELY W LEO III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-07-01	Class B Common Stock	A	60000	—	Acquired	73829	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-07-01	Employee Stock Option (right to buy)	$74.355	A	175000	Acquired	2015-03-15	Class B Common Stock (175000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock NO CHANGE	4490.02	Indirect
Class B Common Stock NO CHANGE	5123	Indirect

Footnotes

F1: The amount of securities in the Reporting Person's 401(k) is derived by combining the value of contributions by the Reporting Person to their 401(k) plus Company matches to the Reporting Person's 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 Person's 401(k) account.

F2: These shares were issued as restricted stock units under the Issuer's Incentive Compensation Plan and shall vest in three annual increments of 20,000 shares beginning on the one-year anniversary of the date of grant, subject to acceleration or cancellation upon the occurrence of certain events.

F3: This option grant vests in annual increments of one-third beginning on March 15, 2006 and expires on March 15, 2015.

F4: The Reporting Person holds an aggregate total of 968,805 option shares with various prices, exercisability and expiration dates.