BSD Crown Ltd. (LSE: BSD)                           

                                    (the "Company")                                

                                                 Ramat Gan, Israel, 12 January 2016

                             Company Update - Share Pledge                         

    Further to its announcement of 22 July 2015, the Company has received
    information to the effect that Israel 18 BV ("Israel 18") has repaid all its
    debts to Fortissimo Capital Management Ltd. ("Fortissimo") using a loan taken
    from a third party, who, to the Company's knowledge, is unconnected to existing
    shareholders of the Company (the "Loan"). By way of security for the Loan,
    Israel 18 has granted security to the third party lender over 4.13% of the
    shares in the Company and has received an irrevocable authority to continue to
    vote such shares.

    Enquiries:

    Gregory Gurtovoy, Chairman of the Board: office@bsd-c.com