NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Russell Breweries Inc. (TSX VENTURE:RB) (the "Company") announces that on
December 24, 2012 (the "Redemption Date"), the Company will redeem its
convertible debentures (the "Convertible Debentures") maturing on December 24,
2012. The aggregate principal amount (the "Principal Amount") of the Convertible
Debentures currently outstanding is $51,750.00.


On the Redemption Date, the Company will redeem the whole of the Principal
Amount of the Convertible Debentures by issuing fully paid and non-assessable
common shares (the "Common Shares") in the capital of the Company, at a price
equal to $0.15 per Common Share (the "Redemption"). The Company is entitled to
redeem the Convertible Debentures without any action required on the part of
holders (the "Holders") of the Convertible Debentures, including the surrender
of any certificates. On the Redemption Date, the Company will allot and issue,
as fully paid and non-assessable shares of the Company, an aggregate of 345,000
Common Shares to the Holders.


The securities issued pursuant to the Redemption will be subject to a hold
period of four months and one day from the date of issue in compliance with
applicable securities laws and the rules of the TSX Venture Exchange.


Russell Breweries Inc. is a leading Western Canadian brewer. It brews, markets,
sells and distributes a diverse portfolio of award-winning beers that are
produced by its wholly-owned regional breweries: Russell Brewing Company in
British Columbia and Fort Garry Brewing Company in Manitoba. Both breweries are
dedicated to producing high-quality, flavourful ales and lagers. Russell
Breweries Inc. is publicly listed on the TSX Venture Exchange (TSX VENTURE:RB).


FOR FURTHER INFORMATION PLEASE CONTACT: 
Russell Breweries Inc.
Brian Harris
CEO
778.846.2335
604.596.1048 (FAX)
bharris@russellbeer.com