Company announcement No 34/2015 – 17 August 2015 On 11 March 2015, Royal Unibrew initiated a share buy-back programme, cf. company announcement no. 2/2015 of 10 March 2015. 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 595,469 238.14 141,806,787.44 announcement -------------------------------------------------------------------------------- 10 August 2015 2,266 224.04 507,684.61 -------------------------------------------------------------------------------- 11 August 2015 7,734 223.01 1,724,730.72 -------------------------------------------------------------------------------- 12 August 2015 10,000 219.28 2,192,758.00 -------------------------------------------------------------------------------- 13 August 2015 9,631 218.22 2,101,697.05 -------------------------------------------------------------------------------- 14 August 2015 3,732 217.12 810,275.42 -------------------------------------------------------------------------------- Accumulated under the 628,832 237.18 149,143,933.24 programme -------------------------------------------------------------------------------- With the transactions stated above, Royal Unibrew owns a total of 928,832 shares, corresponding to 1.7% 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