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Beerenberg

Capital/Financing Update Jan 25, 2018

6527_rns_2018-01-25_6282ce82-0092-4268-9796-b346abb1caff.html

Capital/Financing Update

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Summons to bondholders meeting

Summons to bondholders meeting

Beerenberg Holdco II AS (the "Company") today summons to a bondholders' meeting in its BBERG02 bond issue to request certain amendments to the bond agreement.

On 18 December 2017, Beerenberg Holdco II AS announced its intra-group merger in order to simplify the Company's structure as part of its assessment of strategic alternatives, which includes a potential initial public offering (IPO) on the Oslo Stock Exchange.

The proposal to bondholders includes, inter alia, changes to the permitted distributions definition in the bond agreement, in an event where an IPO is carried out.

For further information, please see the attached summons to the bondholders' meeting.

Contacts:

Ole Klemsdal, Vice President Communications,

tlf. (+47) 91101791, [email protected]

Arild Apelthun, CFO,

tel. (+47) 91819265, [email protected]

Bergen, 25 January 2018

Beerenberg Holdco II AS

This information is subject of the disclosure requirements pursuant to section 3-3 of the Bond Rules of Oslo Børs.

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