Borregaard: Mandatory notification of trade options

21.10.2016: Borregaard ASA ("Borregaard", OSE ticker: BRG)

On 21 October 2016, in connection with Borregaard's option programme, 25,000 options in Borregaard shares were exercised at a strike price of NOK 15.18 per share.

After this transaction, the total number of options issued in Borregaard shares is 980,000. Borregaard owns 343,380 treasury shares representing 0.34% of total shares outstanding.

Borregaard ASA
Sarpsborg, 21 October 2016

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

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