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Press release from Business Wire

Molson Coors Makes New Appointments

<p class='bwalignc'> <i>Bill Waters Moves from Controller to Chief Corporate Strategy Officer</i> </p> <p class='bwalignc'> <i>Former Starbucks Finance Director Appointed as Head of Internal Audit</i> </p>

Monday, January 24, 2011

Molson Coors Makes New Appointments10:00 EST Monday, January 24, 2011 DENVER & MONTREAL (Business Wire) -- Global brewer Molson Coors (NYSE: TAP) is pleased to announce that Bill Waters, 42, has been named the Company's new Chief Corporate Strategy Officer, reporting to Kandy Anand, President of Molson Coors International (MCI). Waters has been with Molson Coors for nearly twenty years serving in various senior roles across the finance team including CFO of Coors Brewing Company, Vice President of Finance for MCI, as well as other roles in corporate planning and commercial finance. A search is underway to identify Waters' replacement in his current role as Controller and Chief Accounting Officer. Waters will assume his new role once a suitable successor as Chief Accounting Officer has been identified. Therefore, he will continue to serve in his current role and be responsible for the preparation of the company's financial statements, including its upcoming Annual Report on Form10-K. Molson Coors also announced today that Christine Watkins has been appointed to lead the company's internal audit function, reporting to the CFO and the Audit Committee of the Board of Directors. Watkins is an accomplished financial professional with more than fifteen years of senior management experience across operations, strategic planning, and financial analysis and reporting at leading consumer packaged goods companies. Watkins, 44, assumes the role, effective February 28, 2011. Most recently, Watkins served as Director of Operations for Starbucks in the southeast region leading the strategic and operational plans for over eighty Starbucks stores. Earlier in her career at Starbucks, she served as the Financial Director for the company's east division in the United States. Prior to her time at Starbucks, Watkins was Director of Finance for Coca-Cola's southeast region and national logistics, and also served as Director of corporate consolidations, planning and analysis. Peter Swinburn, President and CEO of Molson Coors stated, “This is an exciting time for the company and we recognize the importance of having the right people in the right roles at the right time. On behalf of our Board and the leadership team, I want to congratulate Bill on this exciting new opportunity and welcome Christine to the company. I look forward to working closely with both of them as they take on these critical responsibilities for the company.” 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 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. Molson Coors Brewing CompanyMedia Contact:Colin Wheeler, 303-927-2443colin.wheeler@molsoncoors.com