Company announcement No 19/2015 –   1 June 2015







On 30 April 2013, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 20/2013 of 30 April 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 11 March 2015 to 1 March 2016. The total share buy-back in the
period will not exceed a market price of DKK 350 million. 


The following transactions have been made under the programme:



                              Number    Average purchase     Transaction value, 
                                of            price                  DKK        
                              shares                                            
--------------------------------------------------------------------------------
Accumulated, last             268,537               242.90         65,228,274.37
 announcement                                                                   
--------------------------------------------------------------------------------
26 May 2015                     6,100               242.39          1,478,570.46
--------------------------------------------------------------------------------
27 May 2015                     3,966               244.33            969,004.45
--------------------------------------------------------------------------------
28 May 2015                     6,033               245.33          1,480,095.20
--------------------------------------------------------------------------------
29 May 2015                     7,933               243.25          1,929,676.07
--------------------------------------------------------------------------------
Accumulated under the         292,569               242.97         71,085,620.55
 programme                                                                      
--------------------------------------------------------------------------------



With the transactions stated above, Royal Unibrew owns a total of 592,569
shares, corresponding to 1.1% of the share capital. The total amount of shares
in the company is 55,492,500, 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