Pursuant to section 28(a) of the Danish Securities Trading Act, Carlsberg A/S shall report the transactions in Carlsberg A/S shares of managerial staff and connected persons.
| Name: | Kees van der Graaf | |
| Reason: | Member of Carlsberg A/S Supervisory Board | |
| Issuer: | Carlsberg A/S | |
| ISIN code: | DK0010181759 | |
| Type: | Shares | |
| Transaction: | Purchase | |
| Trading date: | 8 September 2011 | |
| Market: | OMX Nordic Exchange | |
| Number: | 950 | |
| Market price in DKK: | DKK 376,960 | |
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Contacts: Helle Bjørnskov Fischer, Group Legal, +45 3327 2189 |
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