Borregaard

Director's Dealing • Jul 17, 2018

Borregaard: Mandatory notification of trade - primary insider

Borregaard: Mandatory notification of trade - primary insider

Margrethe Hauge, shareholder-elected member of the board of Borregaard ASA

(ticker: "BRG"), has on 17 July 2018 acquired 4,077 shares in Borregaard ASA at

a price of NOK 75.00 per share. Following this transaction, Margrethe Hauge owns

4,077 shares in Borregaard ASA.

According to Borregaard's Annual meeting resolution, the board's shareholder-

elected members shall use 20% of their gross board remuneration to purchase

shares in the company until they own shares equal in value to one year's gross

board remuneration. The shares shall be retained for as long as the board member

serves on the board.

Contact:

SVP Organisation and Public Affairs, Dag Arthur Aasbø, +47 918 34 108

This information is subject to the disclosure requirements pursuant to Section

5 - 12 of the Norwegian Securities Trading Act