3/1/2004 12:00 

According to section 37 of the Danish Securities Trading Act, Carlsberg A/S notify changes in shareholdings held by insiders:

ID code

Trading period

Net number of shares traded

Value of net number of shares traded in DKK

Total shareholding Number of shares

Market value of total shareholding in DKK

Carlsberg B
DK0010181759

19.02.2004

+3,000

796,500.-

14,175

3,763,462.-

 

Further information:

Hans Henrik Schmidt, Legal Counsel:   +45 33 27 12 06