MOLSON COORS BEVERAGE CO — Director's Dealing 2005

May 17, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOLSON COORS BREWING CO (TAP.A; TAP)
CIK: 0000024545
Period of Report: 2005-05-12

Reporting Person: Molson Andrew Thomas (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-12	Class B Common Stock (non-voting)	A	1500	—	Acquired	1500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A exchangeable shares of Molson Coors Canada Inc.	$		Class A Common Stock (50)	50	Direct
Class A Common Stock	$		Class B Common Stock (50)	50	Direct
Class B exchangeable shares of Molson Coors Canada Inc.	$		Class B Common Stock (93)	93	Direct

Footnotes

F1: The Class A exchangeable shares and Class B exchangeable shares are redeemable by a subsidiary of Molson Coors Brewing Company at any time after February 9, 2045, for the corresponding class of Molson Coors Brewing Company Common Stock or, for non-affiliates only, the equivalent value in cash.

F2: These shares are convertible on a 1-for-1 basis.

F3: These shares of Class A Common Stock are not outstanding but are issuable upon conversion of the Class A exchangeable shares of Molson Coors Canada Inc.

F4: No expiration date.

F5: These shares were issued as a restricted stock unit under the Issuer's Incentive Compensation Plan and shall vest on the third anniversary following the date of grant, subject to acceleration or cancellation upon the occurrence of certain events.