1/23/2006 12:15 

Carlsberg Breweries is pleased to announce that it has been assigned investment grade ratings by both Moody's Investors Service and Fitch Ratings Ltd. Carlsberg Breweries has been assigned the rating Baa3 (stable outlook) by Moody's and BBB- (stable outlook) by Fitch.

"Carlsberg Breweries is pleased with these Investment Grade ratings, which are seen as an acknowledgement of current robust business strategy. The Investment Grade ratings reflect, that Carlsberg Breweries has a good credit quality and a strong business profile within the global brewing industry," says Jørn P. Jensen, CFO.



Investor Relations:
Mikael Bo Larsen, +45 33 27 1223

Media Relations:
Jens Bekke  +45 3327  1412