FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF 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 *   BAX Investments LTD 2. Date of Event Requiring Statement (Month/Day/Year) 02/09/2005 3. Issuer Name and Ticker or Trading Symbol MOLSON COORS BREWING CO [TAP] (Last) (First) (Middle) 421 7TH AVENUE, S.W. 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) __X__ Other (specify below) See Remarks 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) CALGARY, A0 T2P 4K9 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 Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A exchangeable shares of Molson Coors Canada Inc.	02/09/2005	  (1)	Class A Common Stock	6,964	$ (4)	D	Â
Class A Common Stock (2)	02/09/2005	  (3)	Class B Common Stock	6,964	$ (4)	D	Â
Class B exchangeable shares of Molson Coors Canada Inc.	02/09/2005	  (1)	Class B Common Stock	279,392	$ (4)	D	Â
Class B exchangeable shares of Molson Coors Canada Inc.	02/09/2005	  (1)	Class B Common Stock	143,698	$ (4)	I	By 6339522 Canada Inc. (5)

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
BAX Investments LTD 421 7TH AVENUE, S.W. CALGARY, A0 T2P 4K9	Â	Â	Â	See Remarks

Signatures

/s/ Cynthia Baxter - Vice President		02/18/2005
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	Class A exchangeable shares and Class B exchangeable shares are redeemable by a subsidiary of Molson Coors Brewing Company at any time after February 9, 2045 for the corresponding class of Molson Coors Common Stock or, for non-affiliates only, the equivalent value in cash.
(2)	These shares of Class A Common Stock are not outstanding, but are issuable upon conversion of the Class A exchangeable shares of Molson Coors Canada Inc.
(3)	No expiration date.
(4)	The shares are convertible on a 1-for-1 basis.
(5)	These shares are owned directly by 6339522 Canada Inc., which is a wholly owned subsidiary of BAX Investments Limited.
  Remarks: The reporting person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the issuer's  outstanding Class A Common Stock, but disclaims membership in any such group and beneficial ownership of any securities held  by the other members of any such group.

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