Share Buy-back Programme

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

Share Buy-back Programme

Company announcement No 3/2013 –   14 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             367,448               421.77        154,977,300.53
 announcement                                                                   
--------------------------------------------------------------------------------
January 7, 2013                   250               489.00            122,250.00
--------------------------------------------------------------------------------
January 8, 2013                 1,422               490.46            697,435.97
--------------------------------------------------------------------------------
January 9, 2013                   728               491.76            358,003.97
--------------------------------------------------------------------------------
January 10, 2013                1,768               494.56            874,388.44
--------------------------------------------------------------------------------
January 11, 2013                   76               493.00             37,468.00
--------------------------------------------------------------------------------
Accumulated under the         371,692               422.57        157,066,846.91
 programme                                                                      
--------------------------------------------------------------------------------



With the transactions stated above, Royal Unibrew owns a total of 391,633
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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