Share Buy-back Programme

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

Share Buy-back Programme

Company announcement No 7/2013 –   11 February 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             394,531               427.49        168,656,424.77
 announcement                                                                   
--------------------------------------------------------------------------------
February 4, 2013                1,708               505.53            863,439.95
--------------------------------------------------------------------------------
February 5, 2013                3,512               503.22          1,767,322.69
--------------------------------------------------------------------------------
February 6, 2013                1,000               508.47            508,470.00
--------------------------------------------------------------------------------
February 7, 2013                1,080               510.07            550,880.03
--------------------------------------------------------------------------------
February 8, 2013                2,600               506.91          1,317,953.00
--------------------------------------------------------------------------------
Accumulated under the         404,431               429.44        173,664,490.43
 programme                                                                      
--------------------------------------------------------------------------------



With the transactions stated above, Royal Unibrew owns a total of 418,561
shares, corresponding to 4.0% 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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