Company announcement No 34/2016– 13 June 2016 On 2 March 2016, Royal Unibrew initiated a share buy-back programme, cf. company announcement no. 10/2016 of 1 March 2016. The programme is 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 2 March 2016 to 28 February 2017. The total share buy-back in the period will not exceed a market price of DKK 450 million. The following transactions have been made under the programme: Number Average purchase Transaction value, of price DKK shares -------------------------------------------------------------------------------- Accumulated, last 353,931 297.14 105,165,992.58 announcement -------------------------------------------------------------------------------- 6 June 2016 3,855 305.54 1,177,852.85 -------------------------------------------------------------------------------- 7 June 2016 3,821 306.73 1,172,011.51 -------------------------------------------------------------------------------- 8 June 2016 16,000 301.13 4,818,108.80 -------------------------------------------------------------------------------- 9 June 2016 7,964 298.61 2,378,135.61 -------------------------------------------------------------------------------- 10 June 2016 12,415 294.94 3,661,686.31 -------------------------------------------------------------------------------- Accumulated under the 397,986 297.43 118,373,787.66 programme -------------------------------------------------------------------------------- With the transactions stated above Royal Unibrew owns a total of 709,827 shares, corresponding to 1.3% of the share capital. The total amount of shares in the company is 54,100,000, 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