BSD Crown Ltd. (LSE: BSD)

                                (the 'Company')

                                Company Update

                                                       Ramat Gan, 29 April 2016

The Company hereby announces that it will not be able to publish its annual
financial statement for the year ended 31 December 2015 (the 'Annual Financial
Statements') by 30 April 2016, as it is required to do by the Listing Rules and
the Disclosure and Transparency Rules. The Company is awaiting confirmation
from certain of its banks relating to the status of certain deposits held with
such institutions, in a form acceptable to the Company's auditors, the absence
of which means that the Company's auditors are unable to complete their audit
of the Annual Financial Statements.

The Company is working with its auditors and advisers in order to try and
obtain such documents as soon as practicable.

Share suspension

Given the delay in publishing the Annual Financial Statements, the Company has
requested that trading in its shares be temporarily suspended with effect from
3.15pm UK time today pending the publication of the Annual Financial
Statements.

The Company will provide further updates.

Enquiries:

Yossi Schneorson, CEO: yossi@bsd-c.com

Moran Attar, Financial Controller: moran@bsd-c.com

B.S.D Crown Ltd. issued this content on 29 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 April 2016 15:56:04 UTC

Original Document: http://otp.investis.com/clients/uk/bsd_crown_ltd/rns/regulatory-story.aspx?newsid=712307&cid=336