Borregaard: Mandatory notification of trade - primary insider

On 17 November 2016, primary insider Gisle Løhre Johansen, Senior Vice
President R&D/Business Development and Executive Vice President Fine
Chemicals of Borregaard ASA, sold 10,000 shares in Borregaard ASA at an
average price of NOK 80.13 per share.

Following this transaction, Gisle Løhre Johansen owns 20,059 shares and 50,000
options in Borregaard ASA.

Borregaard ASA,
Sarpsborg, 17 November 2016

Contact
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.

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Source: Borregaard via Globenewswire