| Name: | Social og Velfærdsfonden at Carlsberg, a related party to Hans Scott Andersen |
| Reason: | Section 28a, subsection 4(4) (legal entities). |
| Issuer: | Carlsberg A/S |
| ISIN code: | DK0010181759 |
| Type: | B-shares |
| Transaction: | Sale |
| Trading date: | 11 November 2015 |
| Market: | NASDAQ OMX Copenhagen |
| Number: | 4280 |
| Market price in DKK: | DKK 2,518,838.02 |
Contact: Monica Gregers Smith, Group Legal, +45 3327 2198