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Company Update

6 Oct 2014 07:00

B.S.D. CROWN LTD - Company Update

B.S.D. CROWN LTD - Company Update

PR Newswire

London, October 5

B.S.D Crown Ltd (LSE:BSD) ("BSD" or "the Company") Company Update Tel Aviv, Israel, 6 October, 2014 Approval of the Company's chief executive officer's service agreement Capitalised terms will have the meanings ascribed to them in the Company'sNotice of Extraordinary General Meeting published on 15 August 2014. Following the approval of the Schneorson Agreement at the Company'sextraordinary general meeting held on 8 September, 2014, entrance into effectof said agreement remained subject to the approval by BGI's shareholders. The Company has been informed by BGI that at BGI's annual general meeting on 5October, 2014 said approval was granted and as such, the Schneorson Agreementis now in effect. Further information about the Company For more information about the Company, visit www.bsd-c.com. Enquiries: Eyal Merdler, CFO: eyal.merdler@bsd-c.com 1

ERM/500678v1

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