Company Update

B.S.D. CROWN LTD - Company Update

PR Newswire

London, February 25

BSD Crown Ltd. (LSE: BSD)

(the “Company”)

Company Update

Ramat Gan, 25 February 2016

The Company refers to its announcement of 19 February 2016 (the “19 February Announcement”) regarding an investigation by the Israel Securities Authority ("ISA"). The Company has been requested by the ISA to clarify that the reference to in the 19 February Announcement to the Group not being party to the proceedings referred to such announcement was not based on ISA advice and/or an ISA statement.

The Company will continue to provide updates as mandated by law.

Enquiries:

Yossi Schneorson, CEO: [email protected]