BSD Crown : Company's deposits and cash held in Azerbaijan

                           BSD Crown Ltd. (LSE: BSD)

                                (the 'Company')

          Company's deposits and cash held with a bank in Azerbaijan

                                                        Ramat Gan, 26 July 2016

Further to Company's announcement dated 29 December 2015 regarding the deposits
which are held on its behalf with a bank in Azerbaijan, the Company hereby
announces the following:

The International Bank of Azerbaijan ('IBAR' or the 'Bank') has confirmed to
the Company that it is holding, in aggregate, approximately US$13.6 million on
deposit for the Company. Furthermore, in response to the Company' request to
repatriate such monies, IBAR had proposed to transfer such monies held on
deposit to the Company, including all interest accrued on such monies, in 12
monthly installments until May 2017, the first of which, in the amount of
US$500,000. Having taken into account a number of considerations, including the
nature of IBAR being a partially state-owned bank and Azerbaijan's general
currency and liquidity issues, the Company were minded to accept IBAR's
proposal. However, by 20 July 2016, IBAR had transferred only US$250,000 to the
Company. As a result, the Company is further considering all options available
to it and continues to expect IBAR to fully repatriate the monies that the
Company holds on deposit with IBAR as soon as possible.

The Company will provide further updates in due course.

Enquiries:

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