Share Buy-back Programme

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

Share Buy-back Programme

Company announcement No 2/2013 –   7 January 2013





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             363,007               420.89        152,786,362.66
 announcement                                                                   
--------------------------------------------------------------------------------
January 2, 2013                 1,742               495.34            862,889.94
--------------------------------------------------------------------------------
January 3, 2013                 2,382               492.42          1,172,934.91
--------------------------------------------------------------------------------
January 4, 2013                   317               489.32            155,113.01
--------------------------------------------------------------------------------
Accumulated under the         367,448               421.77        154,977,300.53
 programme                                                                      
--------------------------------------------------------------------------------



With the transactions stated above, Royal Unibrew owns a total of 387,389
shares, corresponding to 3.7% 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

Royal UNIBREW A/S

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