COMPANY ANNOUNCEMENT N0 27/2011-   15 AUGUST 2011















On 29 April 2011, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 7/2011 of 28 April 2011. The programme was implemented
in accordance with the provisions of European Commission Regulation no.
2273/2003 of 22 December 2003, also referred to as the Safe Harbour Regulation.
The share buy-back programme is expected to be realised in the period from 29
April 2011 to 31 October 2011. The total share buy-back in the period will not
exceed a market price of DKK 110 million. 


The following transactions have been made under the programme:





                              Number    Average purchase     Transaction value, 
                                of            price                  DKK        
                              shares                                            
Accumulated, last             154,333               350.94         54,161,629.72
 announcement                                                                   
--------------------------------------------------------------------------------
August 8, 2011                  4,900               307.97          1,509,053.00
--------------------------------------------------------------------------------
August 9, 2011                  2,500               290.50            726,250.00
--------------------------------------------------------------------------------
August 10, 2011                 3,000               310.42            931,260.00
--------------------------------------------------------------------------------
August 11, 2011                 2,388               305.45            729,414.60
--------------------------------------------------------------------------------
August 12, 2011                     -                    -                     -
--------------------------------------------------------------------------------
Accumulated under the         167,121               347.39         58,057,607.32
 programme                                                                      
--------------------------------------------------------------------------------


With the transactions stated above, Royal Unibrew owns a total of 273,795
shares, corresponding to 2.4% of the share capital. The total amount of shares
in the company is 11,186,498, including treasury shares. 



Please direct any queries to me at tel. +45 56 77 15 05.





Yours sincerely

Royal Unibrew A/S





Peter Ryttergaard

CFO