Company announcement No 15/2013 –  2 April 2013





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             465,624               441.32        205,487,598.78
 announcement                                                                   
--------------------------------------------------------------------------------
March 25, 2013                  2,283               514.70          1,175,061.93
--------------------------------------------------------------------------------
March 26, 2013                  1,976               514.00          1,015,664.00
--------------------------------------------------------------------------------
March 27, 2013                  1,000               513.50            513,500.00
--------------------------------------------------------------------------------
Accumulated under the         470,883               442.13        208,191,824.71
 programme                                                                      
--------------------------------------------------------------------------------



With the transactions stated above, Royal Unibrew owns a total of 478,738
shares, corresponding to 4.5% 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