Mandate & Roadshow Announcement

Beerenberg Holdco II AS has mandated Danske Bank and
Pareto Securities to arrange a series of fixed income
investor meetings in the Nordics commencing on 2
February 2017. A NOK 850 million 4-year senior secured
debt capital markets transaction may follow, subject
to inter alia market conditions. If successful, net
proceeds from such transaction will be used to redeem
the outstanding BBERG01 (NO0010713738) bond at the
current call price of 102.0% of par value plus accrued
interest.

For further information, please contact:
Arild Apelthun, CFO, +47 91819265

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