Share Buy-back Programme

9/24/2012 3:47 AM EST

Royal UNIBREW A/S
Changes in company's own shares

Share Buy-back Programme

Company announcement No 49/2012–   24 September 2012





On 1 May 2012, Royal Unibrew initiated a share buy-back programme, cf. company
announcement no. 20/2012 of 30 April 2012. Cf. company announcement no. 42/2012
of 28 August 2012 the existing share buy-back programme has been increased and
extended.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 1 May 2012 to 25 April 2013. The total share
buy-back in the period will not exceed a market price of DKK 210 million. 


The following transactions have been made under the programme:





                              Number    Average purchase     Transaction value, 
                                of            price                  DKK        
                              shares                                            
--------------------------------------------------------------------------------
Accumulated, last             204,401               390.66         79,851,272.42
 announcement                                                                   
--------------------------------------------------------------------------------
September 17, 2012                999               426.98            426,553.02
--------------------------------------------------------------------------------
September 18, 2012              1,828               426.45            779,542.01
--------------------------------------------------------------------------------
September 19, 2012              2,361               427.32          1,008,897.09
--------------------------------------------------------------------------------
September 20, 2012                489               428.18            209,381.98
--------------------------------------------------------------------------------
September 21, 2012              6,028               428.92          2,585,512.28
--------------------------------------------------------------------------------
Accumulated under the         216,106               392.68         84,861,158.79
 programme                                                                      
--------------------------------------------------------------------------------


With the transactions stated above, Royal Unibrew owns a total of 236,162
shares, corresponding to 2.2% of the share capital. The total amount of shares
in the company is 10,570,000 shares, 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