Borregaard: Mandatory notification of trade options - repurchasing of own shares

10.02.2014: Borregaard ASA ("Borregaard", OSE ticker: BRG)

On 10 February 2014, in connection with Borregaard's option programme, 35 000 options in Borregaard shares were exercised at a strike price of NOK 19.03 per share.

In the same transaction, Borregaard repurchased 35 000 own shares at an average price of NOK 36.1881 per share. The repurchase is conducted in accordance with a proxy given at the Ordinary General Meeting held on 15 April 2013.

After the transaction, the total number of options issued in Borregaard shares is 2 034 500. Borregaard owns 1 179 502 treasury shares representing 1.18% of total shares outstanding.

Borregaard ASA

Sarpsborg, 10 February 2014

Contact

Lotte Kvinlaug, Investor Relations Officer, + 47 922 86 909

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.