Immobel NV

Notice of Dividend Amount • May 24, 2018

PRESS RELEASE Regulated information Brussels, 24th , May 2018 at 1.00 PM

IMMOBEL pays a dividend of 2.20 EUR per share in circulation

For 2017, the Board of Directors proposed the payment of a dividend of 2.20 EUR per share in circulation.

Further to the resolutions taken today by the Ordinary General Meeting of Shareholders, all unanimously approved, a dividend of 2.20 EUR per share in circulation will be paid for the financial year 2017, payable on presentation of coupon n° 28 as from 29th , May 2018.

Dividends can be received at the counter desks of BNP Paribas Fortis (principal paying agent), ING Belgium, KBC Bank and Banque Degroof Petercam.

• Ex-date: 25 th , May 2018.
• Record date: 28 th , May 2018.
• Payment date: 29th , May 2018.

For further details:

Alexander Hodac*, Chief Executive Officer +32 (0)2 422 53 11

alexander.hodac@immobel.be

* permanent representative of the company AHO Consulting sprl

About the Group IMMOBEL

IMMOBEL is the largest listed Belgian property developer. Ever since it was founded in 1863, the Group has developed and marketed innovative urban projects in response to the needs of cities and their inhabitants. Thanks to its bold strategy and a talented workforce of around a hundred people, IMMOBEL has succeeded in diversifying its expertise in the residential, office, retail and landbanking sectors and expanding internationally. It now has a market capitalization of more than MEUR 500 and has established a position as a market leader. Its portfolio today totals more than 800,000 m² under development in Belgium, the Grand Duchy of Luxembourg and Poland, plus - since December 2017 - 145,000 m² in France as a result of the gradual acquisition of the Group Nafilyan & Partners between now and 2020.

For more information, go to www.immobelgroup.com