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Borregaard Capital/Financing Update 2017

Dec 18, 2017

Capital/Financing Update

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Borregaard: Extension of commercial paper

Borregaard ASA has made an extension of NOK 100,000,000 in ISIN

1081045-0/ticker BRG02. Total outstanding amount in the paper after extension is

NOK 200,000,000.

Organised by: DNB Markets

Sarpsborg, 18 December 2017

Contact:

Chief Financial Officer, Per Bjarne Lyngstad, mobile +47 952 44 515

This information is subject to the disclosure requirements pursuant to Section

5 -12 of the Norwegian Securities Trading Act.