Valcourt, Québec, January 31, 2014 – BRP Inc. ("BRP" or the "Company") announced today the closing of the previously announced bought deal secondary offering and the concurrent closing of the exercise of the over-allotment option granted to the underwriters.

Pursuant to the secondary offering and exercise of the over-allotment option, Bain Capital Luxembourg Investments S.à r.l. ("Bain"), Caisse de dépôt et placement du Québec ("CDPQ") and other selling shareholders (collectively, the "Selling Shareholders") sold an aggregate of 10,000,000 subordinate voting shares of BRP ("Subordinate Voting Shares") at a price of $30.00 per share for aggregate gross proceeds of $300 million to the Selling Shareholders. 7,700,433 of the Subordinate Voting Shares were sold by Bain, 1,598,872 of the Subordinate Voting Shares were sold by CDPQ and 700,695 of the Subordinate Voting Shares were sold by the other selling shareholders. The Company did not receive any of the proceeds from this offering.

Following this offering, Beaudier Inc. (together with 4338618 Canada Inc.), Bain and CDPQ hold 41,237,476, 31,744,393 and 6,041,475 multiple voting shares of BRP ("Multiple Voting Shares" and, collectively with the Subordinate Voting Shares, the "Shares"), respectively, representing approximately 34.9%, 26.9% and 5.1%, respectively, of the Company's issued and outstanding Shares and approximately 48.2%, 37.1% and 7.1%, respectively, of the voting power attached to all outstanding Shares.

The Subordinate Voting Shares were offered by an underwriting syndicate led by BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., UBS Securities Canada Inc. and Citigroup Global Markets Canada Inc., acting as joint bookrunners, and including CIBC World Markets Inc., Desjardins Securities Inc., Scotia Capital Inc., Canaccord Genuity Corp., National Bank Financial Inc. and Robert W. Baird & Co. Incorporated.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act of 1933 and other applicable securities laws.