Carlsberg A/S – Report of transactions in Carlsberg A/S' shares of managerial staff and connected persons

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

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| Source: Carlsberg A/S
multilang-release

Name: Søren-Peter Olesen

Reason: Member of Carlsberg A/S' Supervisory Board

Issuer: Carlsberg A/S

ISIN code: DK0010181759

Type: B-shares

Transaction: Acquisition

Trading date: 22 August 2014

Market: NASDAQ OMX Copenhagen

Number: 200

Market price in DKK: DKK 102.200,00

         Contacts: Monica Gregers Smith, Group Legal, +45 3327 2198