$13.5 Million Investment - Molson Coors Inaugurates A New Flexible Packaging Line At Its Toronto Brewery

June 27, 2012

TORONTO, Jun 27, 2012, 2012 (Canada NewsWire via COMTEX) --Molson Coors today officially inaugurated a state-of-the-art packaging line at its Toronto brewery, designed to efficiently support product innovation. The announcement of the $13.5 million investment was attended by Brad Duguid, Ontario Minister of Economic Development and Innovation, and Rob Ford, Mayor of Toronto.

The new packaging line, the only line offering this flexible production capacity for Molson Coors in Canada, was installed in response to evolving consumer demand for a greater variety of packaging and will serve as an incubation line for innovative new formats. Its key differentiating feature is the option to add capabilities to fill and package a variety of different types of containers, allowing for a range of future packaging innovations.

"This major investment in the modernization of our brewery speaks to our commitment to innovation,"stated Cathy Noonan, Chief Supply Chain Officer, Molson Coors Canada. "We'll be able to develop new products more effectively, so we can focus on creating industry-leading packaging formats for our Canadian consumers."

The first new format to be produced on the line is the new Widemouth bottle made of 100% recyclable aluminum, which will be initially produced for Coors Light, Molson Canadian and Coors Light Iced T. The Widemouth feature offers a smoother and enhanced drinking experience. Great for outdoor occasions, the aluminum packaging can be resealed after opening, making it the perfect picnic, park or campsite companion. It will be available across Canada early July, in time for the peak of summer.

The installation of this new line follows other recent investments in the province, such as the addition of new fermentation tanks to the Molson Coors Toronto brewery in early 2011, translating into capital investments of nearly $90 million in Ontario alone since 2010.

"Innovation is key to creating jobs and strengthening the economy," said Brad Duguid, Minister of Economic Development and Innovation. "Ontario welcomes Molson Coors Canada's commitment to bringing new products to customers while growing its manufacturing capability in Toronto."

"Molson Coors' continued investment in their Toronto operations is great news," said Mayor Rob Ford. "Today's opening of the flexible packaging line will help to ensure the Molson Coors Toronto Brewery continues to be a fixture at one of Toronto's busiest intersections, as it has been for over 50 years."

About Molson Coors Brewing Company

Molson Coors is a leading global brewer delivering extraordinary brands that delight the world's beer drinkers. The company brews, markets and sells a portfolio of leading premium brands such as CoorsLight, Molson Canadian, Carling, Blue Moon, and Keystone Light across the Americas, Europe and Asia. It operates in Canada through Molson Coors Canada, in the UnitedSates through Miller Coors, and in the United Kingdom and Ireland through Molson Coors (UK & Ireland). Molson Coors is listed on the Dow Jones Sustainability Index for North America. For more information on Molson Coors Brewing Company and our portfolio of brands, visit the company's website at www.molsoncoors.com.

Image with caption: "Economic Development Minister Brad Duguid, Molson Coors Chairman Andrew Molson and Mayor Rob Ford join members of the Toronto brewery to inaugurate the facility's new $13-million packaging line. (CNW Group/Molson Coors Brewing Company)". Image available at: http://photos.newswire.ca/images/download/20120627_C4542_PHOTO_EN_15782.jpg

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SOURCE: Molson Coors Brewing Company

Steve Presant Paradigm Public Relations spresant@paradigmpr.ca 416-413-5194  Forest
Kenney Molson Coors Canada forest.kenney@molsoncoors.com 416-679-5493