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Borregaard

Director's Dealing May 2, 2018

3562_dirs_2018-05-02_75ec2b19-cfc9-4f6c-a81b-327f12016364.html

Director's Dealing

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Borregaard: Mandatory notification of trade - primary insider

Borregaard: Mandatory notification of trade - primary insider

Terje Andersen, member of the board of Borregaard ASA (ticker: "BRG"), has on 2

May 2018 acquired 800 shares in Borregaard ASA at a price of NOK 84.30 per

share. Following this transaction, Terje Andersen owns 4,371 shares in

Borregaard ASA.

This information is subject to the disclosure requirements pursuant to Section

5 - 12 of the Norwegian Securities Trading Act.

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