04.03.2020: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Reference is made to the stock exchange notice of 28 February 2020 where
Borregaard announced the intent to repurchase up to 300,000 of its outstanding
common stock.

Borregaard has today purchased 23,000 own shares through broker at an average
price of NOK 105.68 per share.

After this transaction Borregaard holds a total of 169,097 own shares,
representing 0.17% 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.

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