| E-Malt.com News article: Denmark: Reporting according to the Danish Securities Trading Act section 28a
Royal Unibrew announced on November 22 that in accordance with section 28 a of the Danish Securities Trading Act, Royal Unibrew shall hereby report the following information regarding the managerial staff's and their connected persons' transactions with Royal Unibrew's shares and associated securities. Name Erik Højsholt Reason Board member Issuer Royal Unibrew A/S Securities ID DK0010242999 Title Shares Transaction Purchase Trading date 17 November 2005 Market The Copenhagen Stock Exchange Number, pcs. 125 Market price in DKK 61,250
Name Connie Astrup-Larsen Reason International Director Issuer Royal Unibrew A/S Securities ID DK0010242999 Title Shares Transaction Purchase Trading date 22 November 2005 Market The Copenhagen Stock Exchange Number, pcs. 800 Market price in DKK 386,400 This was certified by Royal Unibrew’s CFO, Ulrik Sørensen
25 November, 2005
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