Mandatory notification of trade
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Reference is made to the stock exchange announcement by UBS Limited on 19 November 2012 regarding the expiry of the stabilisation period for the initial public offering (the "Offering") of Borregaard ASA ("Borregaard", ticker: "BRG"). As the over-allotment option to UBS (on behalf of the managers) to purchase additional shares from Orkla ASA ("Orkla",