Company announcement No 48/2013 –   7 October 2013







On 16 September 2013, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 44/2013 of 16 September 2013. 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 17 September 2013 to 20 November 2013. The maximum total share
buy-back in the period will represent 21,988 shares (a nominal value of DKK 0.2
million) corresponding to 0.2% of the share capital. 



The following transactions have been made under the programme:





                              Number    Average purchase     Transaction value, 
                                of            price                  DKK        
                              shares                                            
--------------------------------------------------------------------------------
Accumulated, last               7,150               660.13          4,719,952.50
 announcement                                                                   
--------------------------------------------------------------------------------
30 September 2013               1.285               653.83            840,175.41
--------------------------------------------------------------------------------
1 October 2013                    350               657.78            230,223.00
--------------------------------------------------------------------------------
2 October 2013                    400               659.50            263,800.00
--------------------------------------------------------------------------------
3 October 2013                    450               656.89            295,601.85
--------------------------------------------------------------------------------
4 October 2013                    500               659.50            329,750.00
--------------------------------------------------------------------------------
Accumulated under the          10,135               659.05          6,679,502.76
 programme                                                                      
--------------------------------------------------------------------------------



Following the transactions stated above, Royal Unibrew owns a total of 48,147
shares, corresponding to 0.4% of the Company’s share capital. The Company has a
total number of 11,098,500 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