Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WOLF TIMOTHY V
   2. Issuer Name and Ticker or Trading Symbol
MOLSON COORS BREWING CO [TAP.A; TAP] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
V.P., Global CFO
(Last)
(First)
(Middle)
C/O MOLSON COORS BREWING COMPANY, 1225 17TH STREET, SUITE 3200		 3. Date of Earliest Transaction (Month/Day/Year)
05/01/2006
(Street)

DENVER, CO 80202		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 05/01/2006   M(1)   3,000 A $ 49.015 18,701 D  
Class B Common Stock 05/01/2006   S(1)   200 D $ 72.52 18,501 D  
Class B Common Stock 05/01/2006   S(1)   200 D $ 72.55 18,301 D  
Class B Common Stock 05/01/2006   S(1)   2,600 D $ 72.57 15,701 D  
Class B Common Stock               39.82 I by 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 49.015 05/01/2006   M(1)     3,000   (2) 02/13/2013 Class B Common Stock 3,000 $ 0 25,000 D  
Employee Stock Option (Right to Buy) $ 74.355               (2) 03/15/2015 Class B Common Stock 50,000   50,000 D  
Employee Stock Option (Right to Buy) $ 65.32               (2) 02/12/2014 Class B Common Stock 40,000   40,000 D  
Employee Stock Option (Right to Buy) $ 56               (2) 02/14/2012 Class B Common Stock 30,000   30,000 D  
Employee Stock Option (Right to Buy) $ 69.095               (2) 02/16/2011 Class B Common Stock 20,000   20,000 D  
Employee Stock Option (Right to Buy) $ 51.5938               (2) 01/03/2010 Class B Common Stock 16,959   16,959 D  
Employee Stock Option (Right to Buy) $ 59.25               (2) 02/16/2009 Class B Common Stock 18,149   18,149 D  
Employee Stock Option (Right to Buy) $ 56.8438               (2) 01/04/2009 Class B Common Stock 10,641   10,641 D  
Employee Stock Option (Right to Buy) $ 69.14             03/16/2007(3) 03/16/2016 Class B Common Stock 25,000   25,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WOLF TIMOTHY V
C/O MOLSON COORS BREWING COMPANY
1225 17TH STREET, SUITE 3200
DENVER, CO 80202		       V.P., Global CFO  

Signatures

 Laura L. McGee as agent for Timothy V. Wolf   05/02/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Mr. Wolf executed a pre-determined exercise and sale pursuant to a written plan.
(2) This option is fully vested and exercisable.
(3) This option vests in three equal annual increments beginning on the first anniversary of the grant date.

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