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: Boyce Kevin (Pres. & CEO Molson Canada)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-07-01	Employee Stock Option (right to buy)	$61.605	A	22000	Acquired	2015-07-01	Class B Common Stock (22000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Molson Coors Canada Inc. exchangeable NO CHANGE	$		Class B Common Stock (234)	234	Direct

Footnotes

F1: This option grant vests in annual increments of one-third beginning one year from the date of grant and expires ten years from the date of grant.

F2: The Reporting Person holds an aggregate total of 117,000 option shares with various prices, exercisability and expiration dates.

F3: The Class B exchangeable shares are redeemable by a subsidiary of Molson Coors Brewing Company at any time after February 9, 2045 for Molson Coors Brewing Company Class B Common Stock or, for non-affiliates only, the equivalent value in cash.

F4: The shares are convertible on a 1-for-1 basis.