Company Update

B.S.D. CROWN LTD - Company Update

PR Newswire

London, February 19

BSD Crown Ltd. (LSE: BSD)

(the “Company”)

Company Update

Ramat Gan, 19 February 2016

The Company hereby announced today that as a result of suspicions of certain breaches of Israeli securities laws and criminal offenses, the Israel Securities Authority (“ISA”) initiated an investigation. The ISA conducted a search on February 17, 2016 at the offices of the Company, and the offices of its Parent Company, B.G.I Investments (1961) Ltd., and its subsidiaries Willi-Food Investments Ltd. And G. Willi-Food International Ltd. (the “Group”) during which certain computers and other materials were seized by the ISA. Similarly, a number of officers and directors within the Group are being questioned by the ISA, and the chairman of our board of directors and the indirect controlling shareholder of the Group, Mr. Gregory Gurtovoy, has been detained

The Group is not a party to these proceedings. The Company will continue to provide updates as mandated by law.

Enquiries:

Yossi Schneorson, CEO: [email protected]