MOLSON COORS BEVERAGE CO — Director's Dealing 2005

Feb 18, 2005

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MOLSON COORS BREWING CO (TAP)
CIK: 0000024545
Period of Report: 2005-02-09

Reporting Person: Pentland Securities (1981) Inc. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	234	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Stock	$		Class B Common Stock (126)		Indirect
Class A exchangeable shares of Molson Coors Canada Inc.	$		Class A Common Stock (928612)		Indirect
Class A Common Stock	$		Class B Common Stock (928612)		Indirect
Class A exchangeable shares of Molson Coors Canada Inc.	$		Class A Common Stock (333529)		Indirect
Class A Common Stock	$		Class B Common Stock (333529)		Indirect
Class B exchangeable shares of Molson Coors Canada Inc.	$		Class B Common Stock (1724566)		Direct
Class B exchangeable shares of Molson Coors Canada Inc.	$		Class B Common Stock (619411)		Indirect

Footnotes

F1: No expiration date.

F2: 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 Common Stock or, for non-affiliates
only, the equivalent value in cash.

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

F5: These shares are owned indirectly through the respective Voting Trusts by 4280661 Canada Inc., which is a wholly owned
subsidiary of Pentland Securities (1981) Inc.

F6: These shares are owned directly by 4280661 Canada Inc.