ANDREW T. MOLSON SUCCEEDS PETER H. COORS AS MOLSON COORS CHAIRMAN

DENVER, CO and MONTREAL, May 26, 2011 /PRNewswire/ – In a planned
transition consistent with the Company’s by-laws, Molson Coors Brewing
Company (NYSE: TAP) (TSX: TAP) today announced that Andrew Molson, the
current vice chairman of the Molson Coors board of directors will
assume the role of chairman, and Pete Coors, current chairman, will
assume the role of vice chairman, effective May 26, 2011. The by-laws
provide for the chairman and vice chairman to alternate between the
Molson and Coors families every two years.

“As incoming chairman, I wish to thank Pete for his valuable
contribution during his term. I look forward to continued engagement
with our strong, independent board as we further strengthen and expand
Molson Coors’ position as a leading global brewer. Our entire
organization is focused on creating even greater value for our
shareholders through global growth and a unique brand portfolio. On
behalf of the Molson family, I look forward to continued success in
this great partnership.”

Pete Coors commented, “I am pleased to be passing the chairmanship to
Andrew, a seventh-generation member of the Molson family and I look
forward to his leadership and our continued strong relationship. As we
look to the future, both families continue to share a long-term
commitment to the beer industry and this company. Our generations of
family leadership drive us to take a long-term view of building value
by investing in brands, attracting and retaining the best talent, and
ensuring quality across the entire enterprise.” 

Andrew Molson has been a member of the Molson Coors board of directors
since 2005. He is a partner and vice chairman of RES PUBLICA Consulting
Group, a Montreal-based holding and management company for two leading
professional services firms, NATIONAL Public Relations and Cohn & Wolfe
| Canada. He is a director of DundeeWealth, Groupe Deschenes and of the
Montreal Canadiens Hockey Club. Mr. Molson is president of the Molson
Foundation and serves on the board of directors of several other
non-profit, business and community institutions. He is a member of the
Quebec Bar and holds an AB from Princeton University and a Masters in
corporate governance and ethics (Msc) from the University of London
(Birkbeck College).

Pete Coors is chairman of the board of MillerCoors, Molson Coors’ US
joint venture. He previously served as chairman of the board of Adolph
Coors Company from 2002 to 2005, and was chief executive officer from
May 2000 to July 2002. Mr. Coors also served as a director of Coors
Brewing Company, the company’s US-based subsidiary, beginning in 1973.
In 2002, he was named executive chairman, and was chief executive
officer from 1992 to 2000. He joined Adolph Coors Company in 1971 where
he held a number of executive and management positions. Mr. Coors is a
director of both Energy Corporation of America and University of
Colorado Hospital, and serves as chairman of the University of Colorado
Hospital Foundation.  Mr. Coors also serves on the board and executive
committee of the National Western Stock Show Association.

About 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, Blue Moon, and Keystone Light 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. For more information on Molson Coors Brewing
Company and our portfolio of brands, visit the company’s Web site, www.molsoncoors.com

SOURCE MOLSON COORS CANADA