Company announcement no 62/2017–  11 December 2017



On 9 March 2017, Royal Unibrew initiated a share buy-back programme, cf.
company announcement no. 12/2017 of 8 March 2017. The programme is carried out
under Art. 5 of Regulation (EU) No 596/2014 of the European Parliament and of
the Council of 16 April 2014 on market abuse (the Market Abuse Regulation -
MAR) and the resulting delegated legislation. The share buy-back programme is
expected to be realised in the period from 9 March 2017 to 28 February 2018.
The total share buy-back in the period will not exceed a market price of DKK
560 million. 


The following transactions have been made under the programme:

                            Number of    Average purchase     Transaction value,
                             shares           price                  DKK        
--------------------------------------------------------------------------------
Accumulated, last           1,199,524                320.20       384,091,222.95
 announcement                                                                   
--------------------------------------------------------------------------------
4 December 2017                10,101                360.25         3,638,839.80
--------------------------------------------------------------------------------
5 December 2017                 6,967                361.29         2,517,116.49
--------------------------------------------------------------------------------
6 December 2017                 6,000                363.58         2,181,472.80
--------------------------------------------------------------------------------
7 December 2017                 9,903                366.17         3,626,132.99
--------------------------------------------------------------------------------
8 December 2017                 9,399                369.89         3,476,632.77
--------------------------------------------------------------------------------
Accumulated under the       1,241,894                321.71       399,531,417.79
 programme                                                                      
--------------------------------------------------------------------------------

With the transactions stated above Royal Unibrew owns a total of 1,383,581
shares, corresponding to 2.6% of the share capital. The total amount of shares
in the company is 52,700,000, including treasury shares. 

Please direct any queries to me at tel. +45 29 23 00 44.

Yours sincerely

Royal Unibrew A/S



Lars Jensen

CFO



Encl.