Company announcement No 55/2012–   29 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             281,235               407.70        114,658,394.58
 announcement                                                                   
--------------------------------------------------------------------------------
October 22, 2012                  741               470.50            348,640.50
--------------------------------------------------------------------------------
October 23, 2012                3,623               469.81          1,702,487.92
--------------------------------------------------------------------------------
October 24, 2012                3,743               464.95          1,740,319.08
--------------------------------------------------------------------------------
October 25, 2012                4,971               463.72          2,305,173.50
--------------------------------------------------------------------------------
October 26, 2012                  435               459.60            199,925.00
--------------------------------------------------------------------------------
Accumulated under the         294,748               410.37        120,954,940.57
 programme                                                                      
--------------------------------------------------------------------------------


With the transactions stated above, Royal Unibrew owns a total of 314,689
shares, corresponding to 3.0% 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