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: WOLF TIMOTHY V (V.P., Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-12	Class B Common Stock (non-voting)	A	10000	—	Acquired	14234	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock (non-voting) - NO CHANGE	39.82	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$		Class B Common Stock (225749)	225749	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: Reporting Person holds an aggregate of 225,749 stock options, which have various exercise prices, grant dates and expiration dates.

F3: 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.