Company announcement No 52/2013 –   4 November 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              16,460               667.48         10,986,688.41
 announcement                                                                   
--------------------------------------------------------------------------------
28 October 2013                   300               714.75            214,425.00
--------------------------------------------------------------------------------
29 October 2013                   450               718.00            323,100.00
--------------------------------------------------------------------------------
30 October 2013                   400               719.85            287,940.00
--------------------------------------------------------------------------------
31 October 2013                   350               707.75            247,712.50
--------------------------------------------------------------------------------
1 November 2013                   350               707.45            247,607.50
--------------------------------------------------------------------------------
Accumulated under the          18,310               672.17         12,307,473.41
 programme                                                                      
--------------------------------------------------------------------------------



Following the transactions stated above, Royal Unibrew owns a total of 56,322
shares, corresponding to 0.5% 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