Borregaard

Capital/Financing Update • Apr 16, 2018

Borregaard: Issuance of commercial paper

Borregaard: Issuance of commercial paper

Borregaard ASA has issued a commercial paper ISIN NO0010821333 of NOK

150,000,000.

Start date:                  18 April, 2018

Maturity:                     28 May, 2018

Coupon:                     0,97 %

Organised by:            Handelsbanken

Sarpsborg, 16 April 2018

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.