CARLSBERG A/S AND THE BANK OF NEW YORK MELLON As Depositary AND OWNERS AND HOLDERS OF AMERICAN DEPOSITARY SHARES Deposit Agreement Dated as of ___________, 2010 DEPOSIT AGREEMENTDeposit Agreement • February 17th, 2010 • Bank of New York / Adr Division • American depositary receipts • New York
DEPOSIT AGREEMENT dated as of __________, 2010, among CARLSBERG A/S, a corporation incorporated under the laws of Denmark (herein called the Company), THE BANK OF NEW YORK MELLON, a New York banking corporation (herein called the Depositary), and all Owners and Holders from time to time of American Depositary Shares issued hereunder.
