Borregaard — Director's Dealing 2017

Oct 31, 2017

Borregaard: Mandatory notification of trade - primary insider

Borregaard: Mandatory notification of trade - primary insider

Jon Erik Reinhardsen, member of the board of Borregaard ASA (ticker: "BRG"), has

on 31 Oktober 2017 acquired 2,000 shares in Borregaard ASA at a price of

NOK 78.49 per share. Following this transaction, Jon Erik Reinhardsen owns 4,000

shares in Borregaard ASA.

This information is subject to the disclosure requirements pursuant to Section

5 - 12 of the Norwegian Securities Trading Act.