CERTAIN TRANSACTIONS AND RELATIONSHIPS



From time-to-time, we employ members of the Coors and Molson families, which
together own a controlling interest in Molson Coors. Hiring and placement
decisions are made based upon merit, and compensation packages are offered that
are commensurate with policies in place for all employees of Molson Coors.
Melissa Coors Osborn, a director of Molson Coors, is employed by Coors Brewing
Company ("CBC") and is paid a base salary of $95,000 in addition to cash
bonuses, which in 2005 totaled $11,875. Geoff Molson is employed by Molson USA,
LLC and is paid a base salary of $170,000 in addition to cash bonuses, which in
2005 totaled $39,440 under the Sales Incentive Plan of the Molson USA, LLC
business. Peter J. Coors is employed by CBC and is paid a base salary of $80,000
in addition to cash bonuses, which in 2005 totaled $3,026.65. Christien Coors
Ficeli is employed by CBC and is paid a base salary of $97,592.52 in addition to
cash bonuses, which in 2005 totaled $15,823.25. Scott Coors was employed by CBC
until April 2005 and was paid a salary of $26,949 from January to April 2005.


We purchase a large portion of our paperboard packaging requirements from
Graphic Packaging Corporation ("GPC"), a related party. The Adolph Coors Jr.
Trust owns 39.62% of our Class A voting common stock, and various Coors family
trusts collectively beneficially (including through Keystone Financing LLC) own
approximately 13.3% of our Class B common stock, and approximately 30.41% of
GPC's common stock. Our payments under the packaging agreement in 2005, 2004 and
2003 totaled approximately $75.3 million, $104.5 million, and $106.4 million,
respectively. We expect payments in 2006 to be approximately the same as in
2005.


We are also a limited partner in a real estate development partnership in
which a subsidiary of GPC is the general partner. The partnership owns,
develops, operates and sells certain real estate previously owned directly by
us. We received no distributions from this partnership in 2005.


From time to time, National Public Relations (Canada) Inc., of which Andrew
Molson, a director of Molson Coors, is an employee and shareholder, provides
public relations services to Molson Coors. The amount of payments for such
services in 2005 was approximately $93,000.