16 Organisation and Group Companies Organisation and Group Companies Carlsberg A/S Board of Directors Executive Boar d Treasury and IR Carlsberg Research Center Properties Trust Administration Carlsberg Breweries (60%) Group Accounting/ Legal Communications Group Companies CARLSBERG A/S Share Capital DKK 1,278,125,640 Brewing companies Denmark Carlsberg Breweries A/S, Copenhagen 60%  500,000 DKK Other Companies Investeringsselskabet af 17. januar 1991 A/S, Copenhagen 100%  14,500 DKK Ejendomsaktieselskabet af 4. marts 1982, Copenhagen  100%  9,500 DKK Ejendomsaktieselskabet Tuborg Nord B, Copenhagen 100% 25,000 DKK Ejendomsinteressentskabet Tuborg Nord B Ejendomsaktieselskabet Tuborg Nord C, Copenhagen 100%  10,000 DKK Ejendomsaktieselskabet Tuborg Nord D, Copenhagen 100%  10,000 DKK Vingaarden A/S, Odense 40%  15,000 DKK RS Holding A/S, Copenhagen  28%  100,500 DKK Royal Scandinavia A/S, Copenhagen Combio A/S, Copenhagen 33%  1,092 DKK Coca Cola Nordic Beverages a/s, Hellerup *) 51% 10,000 DKK Nominal share capital in GLYPH<212>000 Participating interest Currency Subsidiaries Other associated company *) See page 92