Company announcement No 55/2013 –  20 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 was expected to be realised in the
period from 17 September 2013 to 20 November 2013. The maximum total share
buy-back in the period would 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              21,238               675.82         14,353,050.61
 announcement                                                                   
--------------------------------------------------------------------------------
18 November 2013                  250               698.95            174,737.50
--------------------------------------------------------------------------------
19 November 2013                  250               697.73            174,432.50
--------------------------------------------------------------------------------
20 November 2013                  250               702.16            175,540.00
--------------------------------------------------------------------------------
Accumulated under the          21,988               676.63         14,877,760.61
 programme                                                                      
--------------------------------------------------------------------------------



Royal Unibrew’s accumulated share buy-back from 1 September 2013 to 20 November
2013 amounted to 21,988  shares at a total cost of DKK 15 million. The
announced share buy-back programme has thus been completed. 

The transactions stated above imply that Royal Unibrew A/S now owns a total of
60,000 treasury shares of a nominal value of DKK 10 each, corresponding to 0.5%
of the share capital. The total amount of shares in the company is 11,098,500,
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