Company announcement No 43/2015 – 12 October 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 831,966 235.24 195,711,420.45 announcement -------------------------------------------------------------------------------- 5 October 2015 5,200 252.41 1,312,543.44 -------------------------------------------------------------------------------- 6 October 2015 1,511 252.07 380,884.87 -------------------------------------------------------------------------------- 7 October 2015 5,769 249.71 1,440,551.03 -------------------------------------------------------------------------------- 8 October 2015 1,500 245.25 367,868.10 -------------------------------------------------------------------------------- 9 October 2015 5,000 242.06 1,210,305.50 -------------------------------------------------------------------------------- Accumulated under the 850,946 235.53 200,423,573.39 programme -------------------------------------------------------------------------------- With the transactions stated above, Royal Unibrew owns a total of 1.150.946 shares, corresponding to 2.1% 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