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B.S.D. CROWN LTD - Company Update

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                           B.S.D Crown Ltd (LSE:BSD)

                           ("BSD" or "the Company")

                                Company Update

Tel Aviv, Israel, 11 December, 2014

Parent company announcement

Further to an announcement made earlier today in Israel by BGI Investments
(1961) Ltd. ("BGI") (which owns, or controls, Company shares representing
approximately 25.02% of the total issued and outstanding share capital of the
Company (excluding dormant shares)), Israel 18 B.V. ("Israel 18"), which is the
controlling shareholder of BGI, has been negotiating the potential introduction
of a partner in relation to its holding in BGI and the Company. Israel 18 owns,
or controls, voting rights in relation to Company shares representing
approximately 44.1% of the total issued and outstanding share capital of the
Company (excluding dormant shares). BGI's announcement was made following
press-speculation in Israel, such negotiations are still ongoing and no
agreement has been reached to date.

The Company will update the market in respect of further developments, as
appropriate.

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

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