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This website should not be construed as the giving of advice or the making of a recommendation (actual or implied) and should not be relied on as the basis for any decision or action.  In particular, actual results and developments may be materially different from any forecast, opinion or expectation expressed in this website, or documents contained in it, and the past performance of the price of debt securities must not be relied on as a guide to their future performance.

The information contained on the website has been prepared for information purposes only and as a matter of record, and does not constitute, or form part of any offer or invitation to underwrite, subscribe for or otherwise acquire or dispose of, or any solicitation of any offer to underwrite, subscribe for or otherwise acquire or dispose of, any of the debt or other securities of Carlsberg Breweries, Carlsberg A/S or any group company (“Carlsberg”).

In particular, the information contained on this website does not constitute an offer of securities for sale in the United States.  None of the securities described directly or indirectly referred to in the information on the website have been nor will they be registered under the US Securities Act of 1933, as amended (“Securities Act”).  Such securities may not be offered or sold in the United States or to, or for the account or benefit of, US persons (as defined in Regulation S under the Securities Act) unless registered under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, such registration.

In addition, the information contained on this website has not been and may not be disseminated, distributed, sent, retransmitted or otherwise transferred to US persons or any person residing of or located in, or a partnership or corporation organized or incorporated or registered in the United States or a person acting on behalf of the foregoing.

The release, publication or distribution of documents on the website in certain jurisdictions may be restricted by the law and therefore persons in certain jurisdictions into which such documents are released, published, distributed or otherwise accessible should inform themselves about and observe any such restrictions.

 Carlsberg does not warrant the accuracy or completeness of any information contained in or referred to in the material on this website. To the extent permitted by law, Carlsberg and its directors, employees, agents exclude all liability for any loss or damage arising from the use of, or reliance on, the material contained on this website whether or not caused by a negligent act or omission.

Regarding information not prepared by Carlsberg itself, the information on which the material - contained on this website is based - has been obtained from sources which Carlsberg believes to be reliable but Carlsberg is not responsible for the accuracy and completeness of information supplied to it.

In the United Kingdom any information in the following web pages which may be construed as a financial promotion within section 21 of the Financial Services and Markets Act 2000 is exempt under Article 69 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (“FPO”). For the avoidance of doubt, the information contained in this website does not (a) constitute an invitation to underwrite, subscribe for or otherwise acquire or dispose of any “controlled investments” or enter into a transaction or otherwise make use of services provided by Carlsberg or any named person or (b) constitute an inducement relating to any investments other than those issued by Carlsberg.

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