Borregaard: Repurchase of own shares

01.03.2017: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Reference is made to the stock exchange notice of 27 February 2017 where
Borregaard announced the intent to repurchase up to 300,000 of its outstanding
common stock.

Borregaard has today purchased 6,448 own shares through broker at an average
price of NOK 94.2888 per share.

After this transaction Borregaard holds a total of 196,515 own shares,
representing 0.197% of total shares outstanding.

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.