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Borregaard Director's Dealing 2016

Apr 29, 2016

3562_dirs_2016-04-29_a5cd9c06-3d42-4240-ac12-b49a51107814.html

Director's Dealing

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Borregaard: Mandatory notification of trade - primary insider

Roy Kåre Appelgren, observer at the Board of Borregaard ASA (ticker: "BRG"), has

on 29 April 2016 sold 1,845 shares in Borregaard ASA at a price of NOK 60.50 per

share. Following this transaction, Roy Kåre Appelgren owns 0 shares in

Borregaard ASA.

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.

[HUG#2008497]

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Borregaard — Director's Dealing 2016

3562_dirs_2016-04-29_a5cd9c06-3d42-4240-ac12-b49a51107814.html

Borregaard: Mandatory notification of trade - primary insider

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Borregaard Director's Dealing 2016