Press Release

Molson Coors Brewing Company Announces a Quarterly Dividend

November 16, 2006

DENVER, Colorado, and MONTREAL, Canada, November 16, 2006 – Molson Coors Brewing Company (NYSE; TAP; TSX) today declared a quarterly dividend of US$0.32 per share, payable on December 15, 2006, to shareholders of record November 30, 2006. The quarterly dividend is payable to holders of Class “A” and Class “B” common stock of Molson Coors Brewing Company, as well as to holders of Class “A” and Class “B” exchangeable shares of Molson Coors Canada Inc.

Molson Coors Brewing Company is one of the worlds largest brewers. It brews, markets and sells a portfolio of leading premium quality brands such as Coors Light, Molson Canadian, Molson Dry, Carling, Coors, and Keystone Light. It operates in Canada, through Molson Canada; in the US, through Coors Brewing Company; in the UK, Europe and Asia, through Coors Brewers Limited. For more information on Molson Coors Brewing Company, visit the companys website, www.molsoncoors.com.

CONTACT INFORMATION:

Media:
Paul de la Plante
(514) 590-6349

Investors Relations:
Kevin Caulfield
(303) 277-6894

or

Dave Dunnewald
(303) 279-6565
www.molsoncoors.com