03 March, 2006

Denmark & Iceland: FL Group increases its share in Royal Unibrew

FL Group announced on March 1 it has increased its share in Royal Unibrew A/S and holds now 16,35% share in the company. A spokesperson of FL Group told to Dow Jones: “We believe in the company, and we believe in the brewery business.”

Last month (on February 15) FL Group said it purchased 10,7% share in the Danish Brewery for the marketvalue of the share of 4,2 billion Icelandic Krona.

Royal Unibrew is Scandinavia’s second largest Brewery. The Group consists of four Danish, two Lithuanian, two Polish, one Latvian breweries and one Latvian soft drink producer.

Brand names include Albani, Faxe, Ceres, Maribo and Thor in Denmark, and Tauras and Kalnapilis in Lithuania. Royal Unibrew has approx. 2.300 employess worldwide, and exports to approx 65 Countries. The company’s turnover for 2004 var equal to approx. 30 billion Icelandic Krona.

FL GROUP is an investment company with an emphasis on investments in the flight- and tourism industry. On the website you will find various information regarding the company and its operation.

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