Company announcement No 13/2012–   5 March 2012















On 1 December 2011, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 41/2011 of 30 November 2011. The programme will be
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 01 December 2011 to 27 April 2012. The total share buy-back in the
period will not exceed a market price of DKK 60 million. 


The following transactions have been made under the programme:





                              Number    Average purchase     Transaction value, 
                                of            price                  DKK        
                              shares                                            
--------------------------------------------------------------------------------
Accumulated, last             130,712               322.93         42,210,323.39
 announcement                                                                   
--------------------------------------------------------------------------------
February 27, 2012               2,850               335.92            957,372.00
--------------------------------------------------------------------------------
February 28, 2012               2,006               337.31            676,643.86
--------------------------------------------------------------------------------
February 29, 2012               1,500               336.50            504,750.00
--------------------------------------------------------------------------------
March 1, 2012                   1,377               342.54            471,677.58
--------------------------------------------------------------------------------
March 2, 2012                   2,265               341.66            773,859.90
--------------------------------------------------------------------------------
Accumulated under the         140,710               324.03         45,594,626.73
 programme                                                                      
--------------------------------------------------------------------------------


With the transactions stated above, Royal Unibrew owns a total of 599,758
shares, corresponding to 5.4% 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





Lars Jensen

CFO