Borregaard — Director's Dealing 2016

Apr 29, 2016

Borregaard: Mandatory notification of trade - primary insider

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]