MOLSON COORS BEVERAGE CO — Director's Dealing 2006

Mar 24, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOLSON COORS BREWING CO (TAP.A; TAP)
CIK: 0000024545
Period of Report: 2006-03-21

Reporting Person: VAN PAASSCHEN FRITS D (Pres&CEO Coors Brewing Company)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-21	Class B Common Stock	A	16648	$0.00	Acquired	19648	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-21	Stock Appreciation Right	$70.01	A	150000	Acquired	2015-03-29	Class B Common Stock (150000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$77.2050	2015-03-29	Class B Common Stock (150000)	150000	Direct
Employee Stock Option (Right to Buy)	$69.14	2016-03-16	Class B Common Stock (23000)	23000	Direct

Footnotes

F1: Mr. Van Paasschen received a restricted stock grant, which vests in full on the third anniversary of the grant date.

F2: This SAR is subject to a price ceiling of $77.2050.

F3: This option is fully vested and exercisable.

F4: This option vests in three equal annual increments beginning on the first anniversary of the grant date.