BerGenBio

Share Issue/Capital Change • Dec 14, 2017

BerGenBio ASA: Share capital increase

BerGenBio ASA: Share capital increase

Bergen, Norway, 14 December 2017 - Reference is made to the stock exchange

notice published by BerGenBio ASA (the "Company") (OSE: BGBIO) on 17 November

2017 where the Company announced that the board of directors of the Company had

resolved to increase the Company's share capital in connection with the exercise

options pursuant to the Company's employee share option program. A total of

165,000 options were exercised at an average subscription price of NOK 9.73 per

share. The share capital increase has been duly registered in the Norwegian

Register of Business Enterprises. Following such registration, the Company's

share capital is NOK 4,992,220 divided into 49,922,200 shares, each with a

nominal value of NOK 0.10.

-End-

Contacts

Richard Godfrey

CEO, BerGenBio ASA

+47 917 86 304

Tom Henrik Sundby

Finance Director, BerGenBio ASA

tom.sundby@bergenbio.com

+47 477 54 415

Forward looking statements

This announcement may contain forward-looking statements, which as such are not

historical facts, but are based upon various assumptions, many of which are

based, in turn, upon further assumptions. These assumptions are inherently

subject to significant known and unknown risks, uncertainties and other

important factors. Such risks, uncertainties, contingencies and other important

factors could cause actual events to differ materially from the expectations

expressed or implied in this announcement by such forward-looking statements

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.