Molson Coors Brewing Company Announces Regular Quarterly Dividend

DENVER & MONTREAL–(BUSINESS WIRE)–Molson Coors Brewing Company (NYSE: TAP, TAP.A) today declared a regular
quarterly dividend on its Class A and Class B common shares of US$0.41
per share, payable December 17, 2018, to shareholders of record on
November 30, 2018. The quarterly dividend is payable to holders of Class
A and Class B common stock of Molson Coors Brewing Company.

In addition, Molson Coors Canada Inc. (TSX: TPX.B, TPX.A) declared a
quarterly dividend of approximately CDN$0.54 (the Canadian dollar
equivalent of the dividend declared on Molson Coors stock), payable
December 17, 2018, to its Class A and Class B exchangeable shareholders
of record on November 30, 2018. The dividends declared in respect of the
Class A and Class B Exchangeable Shares are eligible dividends for
Canadian tax purposes.

Overview of Molson Coors

Molson Coors has defined brewing greatness for more than two centuries.
As one of the largest global brewers, Molson Coors works to deliver
extraordinary brands that delight the world’s beer drinkers. From Coors
Light, Coors Banquet, Miller Lite, Molson Canadian, Carling, Staropramen
and Sharp’s Doom Bar to Leinenkugel’s Summer Shandy, Blue Moon Belgian
White, Hop Valley, Creemore Springs and Crispin Cider, Molson Coors
offers a beer for every beer lover.

Molson Coors operates through Molson Coors Canada, MillerCoors in the
U.S., Molson Coors Europe and Molson Coors International. The company is
not only committed to brewing extraordinary beers, but also running a
business focused on respect for its employees, communities and drinkers,
which means corporate responsibility and accountability right from the
start. It has been listed on the Dow Jones Sustainability Index for the
past seven years. To learn more about Molson Coors Brewing Company,
visit molsoncoors.com,
ourbeerprint.com
or on Twitter through @MolsonCoors.

About Molson Coors Canada Inc.

Molson Coors Canada Inc. (MCCI) is a subsidiary of Molson Coors Brewing
Company (MCBC). MCCI’s Class A and Class B exchangeable shares offer
substantially the same economic and voting rights as the respective
classes of common shares of MCBC, as described in MCBC’s annual proxy
statement and Form 10-K filings with the U.S. Securities and Exchange
Commission. Specifically, the trustee holder of MCBC’s special Class A
voting stock and the special Class B voting stock has the right to cast
a number of votes equal to the number of then outstanding Class A
exchangeable shares and Class B exchangeable shares, respectively.

Contacts

Molson Coors Brewing Company
Media:
Colin
Wheeler, 303-927-2443
or
Investor
Relations:

Mark Swartzberg, 303-927-2334
or
Kevin
Kim, 303-927-2515

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