Borregaard — Capital/Financing Update 2017

Nov 9, 2017

Borregaard: Issuance of commercial paper

Borregaard: Issuance of commercial paper

Borregaard ASA has issued a commercial paper ISIN 10810450 of NOK 100,000,000.

Start date:                  14 November, 2017

Maturity:                     28 February, 2018

Coupon:                       1,20 %

Organised by:             DNB Markets

Sarpsborg, 9 November 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.