Presently, the beverage giant takes nearly 15% of the Chinese packaged beverage market but lags behind rivals on the tea and fruit juice sector. The company predicts that 60% of its future growth will be contributed by business in China, India, and other emerging markets, while only 15% will come from the US and Europe.

Source: www.hexun.com (November 24, 2009)

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"A significant part of Molson Coors' growth strategy moving forward will come from international expansion and we are fortunate to have attracted someone of Kandy's calibre to help us expand this effort. In addition to his many years of senior leadership experience in global brand and marketing strategy in the beverage industry, Kandy has demonstrated a proven ability to build strong teams, drive change and deliver both revenue and profit growth," according to Peter Swinburn, CEO, Molson Coors Brewing Company. "We welcome Kandy to our senior leadership team and look forward to working with him to expand the reach of our extraordinary brands, unlock the value of new markets, and accelerate our position as a leading global brewer."

"Molson Coors is well known in the brewing industry as an exceptional brand builder and innovator and I am very excited to be joining at a time when the company is well positioned to continue its strong growth in new markets. I look forward to working closely with the international team to help focus and accelerate the company's international strategy around key markets including Asia, Europe and Latin America," said Anand. "This is truly an exciting time to be a part of Molson Coors and the beer business. I am eager to leverage my international background and brand marketing expertise to help advance Molson Coors' goal of being one of the world's top global brewers."

In order to better plan, coordinate and execute the expansion of the Molson Coors brand portfolio outside of the Company's mature markets, the company established a new international business unit called Molson Coors International in 2008. Molson Coors currently markets over 65 beer brands in 40 countries around the world. Dave Perkins led Molson Coors International until he was appointed President and CEO of Molson Coors Canada in June 2009.

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    About Molson Coors Brewing Company:
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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, Blue Moon, and Keystone Light across North America, Europe and Asia. It operates in Canada through Molson Coors Canada; in the US through MillerCoors; and in the U.K. and Ireland through Molson Coors UK. For more information on Molson Coors Brewing Company and our portfolio of brands, visit the company's Web site, www.molsoncoors.com.

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SOURCE: Molson Coors Brewing Company

Colin Wheeler of Molson Coors Brewing Company, +1-303-927-2443,
colin.wheeler@molsoncoors.com Web Site: http://www.molsoncoors.com