Aedifica SA

Major Shareholding Notification • Dec 4, 2017

4 December 2017 – after closing of markets

AEDIFICA

Public limited liability company Public regulated real estate company under Belgian law Registered office: avenue Louise 331-333, 1050 Brussels Enterprise number: 0877.248.501 (RLE Brussels) (the "Company")

Publication relating to a transparency notification

(Article 14, 1 st paragraph, of the Act of 2 May 2007 on the disclosure of major holdings)

1. Summary of the notification

Pursuant to Article 14, 1st paragraph, of the law of 2 May 2007 on the disclosure of major holdings, Aedifica SA/NV announces that it has received transparency notifications in the last few days indicating that BlackRock, Inc. (having its registered offices at 55 East 52nd Street, New York, NY, 10055, USA) crossed several times the threshold of 5 %. Here is the summary of the different notifications:

Date on which the threshold was crossed	Voting rights	Shares on loan	Total
28/11/2017	5,00%	0,00%	5,01%
29/11/2017	4,99%	0,01%	5,01%
30/11/2017			< 5%

2. Content of the notification

The most recent notification, dated 1 December 2017 contains the following information:

• Reason of the notification: downward crossing of the lowest threshold.
• Notification by: a parent undertaking or a controlling person.

4 December 2017 – after closing of markets

- Persons subject to the notification requirement:

Name	Address (for legal entities)
BlackRock, Inc.	55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V.	Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands
BlackRock Advisors (UK) Limited	12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Advisors, LLC	100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A.
BlackRock Asset Management Canada Limited	161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management North Asia Limited	15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden Road, Central, Hong Kong
BlackRock Fund Advisors	400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock Institutional Trust Company, National Association	400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock International Limited	Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K.
BlackRock Investment Management (Australia) Limited	Level 37, Chifley Tower, 2 Chifley Square, Sydney NSW 2000 Australia
BlackRock Investment Management (UK) Limited	12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Japan Co., Ltd.	1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan

• Date of the transaction: 30 November 2017
• Threshold crossed: 5 %
• Denominator: 17,975,820

4 December 2017 – after closing of markets

- Notified details:

A) Voting rights	Previous notification
	# of voting rights
Holders of voting rights
BlackRock, Inc.	0
BlackRock (Netherlands) B.V.	1.962
BlackRock Advisors (UK) Limited	281.476
BlackRock Advisors, LLC	18.083
BlackRock Asset Management Canada Limited	25.837
BlackRock Asset Management North Asia Limited	663
BlackRock Fund Advisors	207.289
BlackRock Institutional Trust Company, National Association	316.223
BlackRock International Limited	6.243
BlackRock Investment Management (Australia) Limited	5.709
BlackRock Investment Management (UK) Limited	33.452
BlackRock Japan Co., Ltd.	885
Subtotal	897.822

• Chain of controlled undertakings through which the holding is effectively held: the complete chain of controlled undertakings has been added to the notification.

• Additional information: the disclosure obligation arose due to total holding in voting rights for BlackRock, Inc. going below 5%.

4 December 2017 – after closing of markets

3. Sundry

To the Company's knowledge, no shareholder holds 5 % or more of the Company's voting rights.

This press release is available on the Company's website (www.aedifica.be), under "Investor relations" / "Press releases" / "2017".

The transparency notification is available on the Company's website (www.aedifica.be), under "Investor relations" / "Shareholder's information" / "Shareholding structure".

The English version of this press release constitutes a free translation of the French language text and is made for information purposes only. In case of inconsistency with the French version or inaccuracy of the English translation, the French text shall prevail.

*****

Aedifica is a Regulated Real Estate Company under Belgian law specialised in healthcare real estate, particularly in senior housing. Aedifica has developed a portfolio worth more than €1.6 billion in Belgium, Germany and in The Netherlands.

Aedifica has been quoted on the regulated market of Euronext Brussels since 2006 and is identified by the following ticker symbols: AED; AED:BB (Bloomberg); AOO.BR (Reuters).

The Company's market capitalisation is €1.4 billion on 30 November 2017.

Aedifica is included in the EPRA indices.

For all additional information