Royal UNIBREW

Director's Dealing • Mar 14, 2011

Company announcement No 03/2011

14 March 2011

In accordance with section 28 a of the Danish Securities Trading Act, Royal
Unibrew shall hereby report the following information regarding the managerial
staff's and their connected persons' transactions with Royal Unibrew's shares
and associated securities.

Name Walther Thygesen

Reason Board Member

Issuer Royal Unibrew A/S

Securities ID DK0010242999

Title Shares

Transaction Purchase

Trading date 14 March 2011

Market NASDAQ OMX Copenhagen A/S

Number, pcs. 1,100

Market price in DKK 375,650.-

Please direct any queries to me at tel. +45 56 77 15 13.

Yours sincerely

Royal Unibrew A/S

Henrik Brandt

CEO