Borregaard — Director's Dealing 2015

Oct 28, 2015

Borregaard: Mandatory notification of trade

Borregaard: Mandatory notification of trade

JAAG Consult AS, a closely related party to Jan Anders Oksum, chairman of the

Board of Directors of Borregaard ASA (ticker: "BRG"), has on 28 October 2015

acquired 2 000 shares in Borregaard ASA at a price of NOK 44.25 per share.

Following this transaction, Jan Anders Oksum's shareholding in Borregaard ASA,

including his closely related parties, is 10 000 shares.

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.

[HUG#1962028]