Global Brewer Names New Leadership for StarBev Acquisition and UK &
Ireland Businesses, Also New Chief Financial Officer As Company Enters
Growth Markets

08/05/2012 — DENVER & MONTREAL — (BUSINESS WIRE)

Molson Coors Brewing Company (NYSE: TAP; TSX) today provided further
detail on its plans to incorporate the recently announced StarBev
acquisition into its business by naming Mark
Hunter CEO of the new business unit, which adds nine Central
European countries to its growth market portfolio. Hunter, who currently
serves as CEO of the company’s UK & Ireland business, is a 20-year
industry veteran with extensive experience in the European beer business.

“Mark is an extraordinary brand builder and a strong leader who knows
how to win in a highly-competitive, complex environment. We are
fortunate to have a proven leader ready to step into this new business
and drive results from day one,” said Peter Swinburn, CEO and President
of Molson Coors.

Prior to his appointment as CEO of the UK & Ireland business in 2007,
Mark served as chief commercial officer for Molson Coors Canada where he
was responsible for all sales and marketing activities. He worked in a
number of senior roles since joining the brewing industry in 1989,
including managing the export markets and business unit strategy for
Bass Brewers and marketing management of the Carling brand. He also has
served on the board of Bass Brewers as marketing director and on the
board of Coors Brewers Ltd. Prior to 1989, he held a variety of sales
positions with Hallmark Cards and Bulmers Drinks.

Mark holds a Bachelor Honours degree in Marketing and Business
Administration from the University of Strathclyde in Glasgow, Scotland.

Alain Beyens, current CEO of StarBev, will leave the business upon close
of the transaction with Molson Coors. “Alain has been a highly effective
leader and he deserves full credit for building this business. Thanks to
his leadership, we are taking on a strong operation with great brands
and a high-performing team,” noted Swinburn.

Stewart Glendinning, current Global
Chief Financial Officer for Molson Coors, has been named to replace
Hunter as CEO of the company’s UK & Ireland business. Prior to his
current role, Glendinning was Chief Financial Officer for Molson Coors
UK, where he was responsible for overseeing all Finance and IT
activities within the business.

“Stewart brings deep knowledge of the UK marketplace and a lot of
first-hand experience working with our big customers there,” remarked
Swinburn. “His leadership of our global financial strategy and team give
him the right credentials to grow the performance of our UK business.”

Before joining Molson Coors in 2005, Glendinning worked with KPMG and
then with The Hackett Group, both professional services companies, where
he held various senior audit and consulting roles and worked with a
broad group of Fortune 500 clients. He has lived and worked across
Europe, Africa, and North and South America.

Glendinning attended the College of William and Mary, where he obtained
a BBA in Accounting. He also earned a law degree from the University of
Miami (Florida).

Gavin Hattersley has been named to
succeed Glendinning as Global Chief Financial Officer for Molson Coors.
Prior to this promotion, Hattersley served as executive vice president
and chief financial officer for MillerCoors, the US joint venture owned
by Molson Coors and SAB Miller plc, since its inception in 2008. In this
role, Hattersley has been responsible for establishing strong financial
management and commercial disciplines for the business unit and
reporting financial performance to the two parent companies and to
analysts and investors globally.

“We are pleased to have Gavin join us from MillerCoors, where he gained
extensive insight into our business,” said Swinburn. “Gavin also brings
his long-standing relationships with financial markets and the beer
industry, where he is well-known and well-respected.”

Previously, Hattersley was senior vice president, finance, for Miller
Brewing Company, a position he took in October 2002. He came to Miller
from SAB Limited in Johannesburg, South Africa, where he served as chief
financial officer since 1999. He joined SAB Limited in 1997 and held
several financial management positions before his appointment as CFO.
Prior to joining SAB Limited, he spent almost 10 years at Barloworld
Limited. Hattersley earned both a bachelor’s degree and an honors degree
in accounting science from the University of South Africa. In 1987, he
passed the Public Accountants and Auditors Board exam.

“Our ability to fill these key positions with top talent reflects the
strength and depth of the Molson Coors talent bench,” said Swinburn. “We
have the leadership and the expertise to grow our business globally
while continuing to build brands and deliver steadily improving
performance in our big home markets.”

The appointments are contingent upon the closing of the transaction to
acquire StarBev, which operates breweries and markets beer in Central
Europe, announced on April 3, 2012. Molson Coors reported the completion
of financing for the acquisition on May 3, 2012, and expects to close by
the end of its second quarter this year, pending regulatory approvals.

Overview of Molson Coors Brewing Company

Molson Coors Brewing Company is a leading global brewer delivering
extraordinary brands that delight the world’s beer drinkers. It brews,
markets and sells a portfolio of leading premium brands such as Coors
Light, Molson Canadian, Carling, and Blue Moon across The Americas,
Europe and Asia. It operates in Canada through Molson Coors Canada; in
the US through MillerCoors; in the U.K. and Ireland through Molson Coors
UK; and outside these core markets through Molson Coors International.
Molson Coors is listed on the Dow Jones Sustainability Index for North
America and is constantly looking for ways to improve its Beer
Print. For more information on Molson Coors Brewing Company visit
the company’s Web site, http://molsoncoors.com.

CONTACT:

Molson Coors Brewing Company
News Media
Colin Wheeler,
303-927-2443
colin.wheeler@molsoncoors.com
or
Investor
Relations
Dave Dunnewald, 303-927-2334

KEYWORDS: United Kingdom United States Europe North America Canada Colorado Ireland

INDUSTRY KEYWORDS: Retail Food/Beverage Wine & Spirits

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