Company announcement No 51/2012–   8 October 2012







On 1 May 2012, Royal Unibrew initiated a share buy-back programme, cf. company
announcement no. 20/2012 of 30 April 2012. Cf. company announcement no. 42/2012
of 28 August 2012 the existing share buy-back programme has been increased and
extended. 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 25 April 2013. The total share
buy-back in the period will not exceed a market price of DKK 210 million. 


The following transactions have been made under the programme:





                              Number    Average purchase     Transaction value, 
                                of            price                  DKK        
                              shares                                            
--------------------------------------------------------------------------------
Accumulated, last             235,267               396.32         93,240,968.39
 announcement                                                                   
--------------------------------------------------------------------------------
October 1, 2012                 2,037               450.92            918,518.54
--------------------------------------------------------------------------------
October 2, 2012                 2,164               455.30            985,259.03
--------------------------------------------------------------------------------
October 3, 2012                   903               456.49            412,213.99
--------------------------------------------------------------------------------
October 4, 2012                 3,076               460.57          1,416,716.09
--------------------------------------------------------------------------------
October 5, 2012                 2,148               465.91          1,000,774.68
--------------------------------------------------------------------------------
Accumulated under the         245,595               398.93         97,974,450.72
 programme                                                                      
--------------------------------------------------------------------------------


With the transactions stated above, Royal Unibrew owns a total of 265,651
shares, corresponding to 2.5% 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