Company announcement No 61/2012–   26 November 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             317,249               414.22        131,411,220.89
 announcement                                                                   
--------------------------------------------------------------------------------
November 19, 2012               1,000               454.24            454,250.00
--------------------------------------------------------------------------------
November 20, 2012               1,000               458.10            458,095.00
--------------------------------------------------------------------------------
November 21, 2012               1,075               458.62            493,012.20
--------------------------------------------------------------------------------
November 22, 2012               2,000               455.26            910,510.00
--------------------------------------------------------------------------------
November 23, 2012               1,000               454.61            454,607.00
--------------------------------------------------------------------------------
Accumulated under the         323,324               415.00        134,181,695.09
 programme                                                                      
--------------------------------------------------------------------------------


With the transactions stated above, Royal Unibrew owns a total of 343,265
shares, corresponding to 3.2% 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

CFO