TIDMBSD 
 
BSD Crown Ltd. (LSE: BSD) 
 
                                (the "Company") 
 
                   Company update in relation to Israel 18 
 
                                           Ramat Gan, Israel, 30 September 2016 
 
The Company hereby announces that Israel 18 B.V ("Israel 18") notified the 
Company that Israel 18, a company controlled by Mr. Gregory Gurtovoy, and 
Ta'aman Food Marketing Ltd have signed a memorandum Of understanding ("MoU") to 
set up a 50:50 joint venture for joint control over BGI Investments (1961) Ltd. 
("BGI"), the Company's controlling shareholder, and its subsidiaries. The MoU 
and joint venture arrangements are subject to the Israeli Anti-Trust approval. 
 
The Company will update in due course once negotiations have been progressed. 
 
Enquiries: 
 
Gregory Gurtovoy, chairman of the board: office@bsd-c.com 
 
 
 
END

(END) Dow Jones Newswires

September 30, 2016 09:43 ET (13:43 GMT)

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