Borregaard — Director's Dealing 2016

Apr 27, 2016

Borregaard: Mandatory notification of trade - primary insider

Borregaard: Mandatory notification of trade - primary insider

Åsmund Dybedahl, employee elected member of the board of Borregaard ASA (ticker:

"BRG"), has on 27 April 2016 acquired 500 shares in Borregaard ASA at a price of

NOK 59.00 per share. Following this transaction, Åsmund Dybedahl owns 6,192

shares in Borregaard ASA.

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.

[HUG#2007316]