Company announcement n0 33/2012 –   2 JULY 2012















On 1 May 2012, Royal Unibrew initiated a share buy-back programme, cf. company
announcement no. 20/2012 of 30 April 2012. 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 1 May 2012 to
13 November 2012. The total share buy-back in the period will not exceed a
market price of DKK 125 million. 


The following transactions have been made under the programme:



                              Number    Average purchase     Transaction value, 
                                of            price                  DKK        
                              shares                                            
--------------------------------------------------------------------------------
Accumulated, last              77,563               387.61         30,064,455.72
 announcement                                                                   
--------------------------------------------------------------------------------
June 25, 2012                   4,200               372.27          1,563,534.00
--------------------------------------------------------------------------------
June 26, 2012                   4,100               362.09          1,484,569.00
--------------------------------------------------------------------------------
June 27, 2012                   4,100               360.31          1,477,271.00
--------------------------------------------------------------------------------
June 28, 2012                   3,875               360.75          1,397,906.25
--------------------------------------------------------------------------------
June 29, 2012                   3,500               368.25          1,288,875.00
--------------------------------------------------------------------------------
Accumulated under the          97,338               382.96         37,276,610.97
 programme                                                                      
--------------------------------------------------------------------------------


With the transactions stated above, Royal Unibrew owns a total of 118,603
shares, corresponding to 1.1 % of the share capital. The total amount of shares
in the company is 10,570,000 shares, 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