Company announcement No 28/2015 – 13 July 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 436,690 240.41 104,987,307.95 announcement -------------------------------------------------------------------------------- 6 July 2015 3,000 225.99 677,973.60 -------------------------------------------------------------------------------- 7 July 2015 5,062 225.71 1,142,539.97 -------------------------------------------------------------------------------- 8 July 2015 3,741 225.57 843,838.67 -------------------------------------------------------------------------------- 9 July 2015 4,091 226.86 928,103.90 -------------------------------------------------------------------------------- 10 July 2015 4,000 232.41 929,648.40 -------------------------------------------------------------------------------- Accumulated under the 456,584 239.85 109,509,412.49 programme -------------------------------------------------------------------------------- With the transactions stated above, Royal Unibrew owns a total of 756,584 shares, corresponding to 1.4% 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