VALBY, Denmark, Aug. 8, 2002 (PRIMEZONE) -- As previously announced, Carlsberg A/S will repurchase own shares within a framework of maximum DKK 1bn.
The repurchase will be carried out in the market on an ongoing basis during the period until the next Ordinary General Meeting.
The shares will be applied in connection with an adjustment of the capital structure, for the financing of acquisitions, sale, transfer in other connections or for cancellation.
Carlsberg A/S will implement the repurchase in a manner ensuring that the Carlsberg Foundation (the "Foundation") maintains the same proportion of capital and votes after the repurchase when excepting Carlsberg A/S' holding of own shares. In that connection, the Foundation has informed Carlsberg A/S that it will make the necessary number of shares available for the repurchase and will deposit an irrevocable power of attorney with Danske Securities, who will carry through the repurchase on behalf of Carlsberg A/S.
Carlsberg A/S will notify the Copenhagen Stock Exchange if/when thresholds for holdings of own shares are reached, cf. the Danish Securities Trading Act, sections 28 and 29, and when the repurchase has been completed.
Yours faithfully Carlsberg A/S