Borregaard: Mandatory notification of trade - primary insider

On 24 November 2016, Bente Seljebakken Klausen, employee observer at the Board of Directors of Borregaard ASA, and a related party sold 1,180 shares in Borregaard ASA at an average price of NOK 84.50 per share.

Following this transaction, Bente Seljebakken Klausen and related parties own 650 shares in Borregaard ASA.

Borregaard ASA,
Sarpsborg, 24 November 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.