COMPANY ANNOUNCEMENT N0 34/2012 – 9 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              97,338               382.96         37,276,610.97
 announcement                                                                   
--------------------------------------------------------------------------------
June 25, 2012                   3,050               374.27          1,141,523.50
--------------------------------------------------------------------------------
June 26, 2012                   1,658               382.82            634,715.56
--------------------------------------------------------------------------------
June 27, 2012                     350               383.00            134,050.00
--------------------------------------------------------------------------------
June 28, 2012                   1,665               386,78            643,988.70
--------------------------------------------------------------------------------
June 29, 2012                   3,200               388,22          1,242,304.00
--------------------------------------------------------------------------------
Accumulated under the         107,261               382.93         41,073,192.73
 programme                                                                      
--------------------------------------------------------------------------------


With the transactions stated above, Royal Unibrew owns a total of 128,526
shares, corresponding to 1.2 % 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

Økonomidirektør