Company announcement No 64/2012 –   17 December 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             339,142               416.75        141,338,820.75
 announcement                                                                   
--------------------------------------------------------------------------------
December 10, 2012               1,110               474.15            526,307.50
--------------------------------------------------------------------------------
December 11, 2012               4,000               479.49          1,917,960.00
--------------------------------------------------------------------------------
December 12, 2012               2,579               480.90          1,240,249.61
--------------------------------------------------------------------------------
December 13, 2012               3,586               479.86          1,720,770.43
--------------------------------------------------------------------------------
December 14, 2012                 970               479.90            465,506.88
--------------------------------------------------------------------------------
Accumulated under the         351,387               418.94        147.209.615,17
 programme                                                                      
--------------------------------------------------------------------------------



With the transactions stated above, Royal Unibrew owns a total of 371,328
shares, corresponding to 3.5% 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