MOLSON COORS BEVERAGE CO — Director's Dealing 2006

May 25, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOLSON COORS BREWING CO (TAP.A; TAP)
CIK: 0000024545
Period of Report: 2006-05-12

Reporting Person: WOLF TIMOTHY V (V.P., Global CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-12	Class B Common Stock	F	822	$66.08	Disposed	14879	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	39.82	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$74.3550	2015-03-15	Class B Common Stock (50000)	50000	Direct
Employee Stock Option (Right to Buy)	$65.32	2014-02-12	Class B Common Stock (40000)	40000	Direct
Employee Stock Option (Right to Buy)	$56.00	2012-02-14	Class B Common Stock (30000)	30000	Direct
Employee Stock Option (Right to Buy)	$69.095	2011-02-16	Class B Common Stock (20000)	20000	Direct
Employee Stock Option (Right to Buy)	$51.5938	2010-01-03	Class B Common Stock (16959)	16959	Direct
Employee Stock Option (Right to Buy)	$59.25	2009-02-16	Class B Common Stock (18149)	18149	Direct
Employee Stock Option (Right to Buy)	$56.8438	2009-01-04	Class B Common Stock (10641)	10641	Direct
Employee Stock Option (Right to Buy)	$69.14	2016-03-16	Class B Common Stock (25000)	25000	Direct
Employee Stock Option (Right to Buy)	$49.015	2013-02-13	Class B Common Stock (25000)	25000	Direct

Footnotes

F1: One-fifth of a 10,000 share restricted stock grant vested on 5/12/2006. 822 shares were withheld in lieu of cash payment for taxes. The grant vests in annual increments of one-fifth, not one-third as previously reported.

F2: This option is fully vested and exercisable.

F3: This option vests in three equal annual increments beginning on the first anniversary of the grant date.