Results of the mandatory takeover bid


Saku Õlletehase AS		
Stock Exchange Release		
30.06.2008

Results of the mandatory takeover bid

At the request and on behalf of Carlsberg Estonia Holding OÜ, Saku Õlletehase
AS makes the following announcement: 

On 29 May 2008 Carlsberg Estonia Holding OÜ (hereinafter Carlsberg) announced a
mandatory takeover bid for the acquisition of shares of Saku Õlletehase AS
(hereinafter Saku Õlletehas). 

The term for the acceptance of the takeover bid ended on 26 June 2008. The
purchase price offered by Carlsberg in the takeover bid was EEK 194.06 (i.e.
EUR 12.40) per share. 

In the course of the takeover bid the shareholders decided to sell to Carlsberg
a total of 1,390,810 shares of Saku Õlletehas, constituting approximately 17.4
per cent of all shares of Saku Õlletehas. 

Payment of the purchase price to shareholders who sold their shares and the
transfer of shares sold to Carlsberg will be executed on 3 July 2008 through
delivery-versus-payment method. 

After the acquisition of shares mentioned above Carlsberg will own a total of
7,391,651 shares of Saku Õlletehas, constituting approximately 92.40 per cent
of all shares of Saku Õlletehas and votes represented by such shares. As at 30
June 2008, persons acting in concert with Carlsberg and other companies
belonging to Carlsberg A/S group do not own any shares of Saku Õlletehas.
 
Taking into consideration the results of the takeover bid, Carlsberg has
decided to initiate actions for the squeeze-out of remaining minority
shareholders in accordance with Article 182 prim of the Securities Market Act
and de-listing of the shares. The shareholders of Saku Õlletehas will be
informed 
about further actions in this process in accordance with applicable rules. 
 
Carlsberg Estonia Holding OÜ

Priit Põiklik                                                                   
Saku Õlletehase AS                                                              
Tel: +372 6508303 
priit.poiklik@pruul.ee