Immobel NV

Major Shareholding Notification • Jul 1, 2016

PRESS RELEASE Regulated information Brussels, July 1 st , 2016 at 12.30 p.m.

Disclosure made according to the requirements of the Law of May 2 nd , 2007

IMMOBEL discloses hereafter the information required under article 15, § 1 of the Law of May 2 nd , 2007 regarding the disclosure of important shareholdings in listed companies.

Following the merger between IMMOBEL and ALLFIN, IMMOBEL's capital amounts to 97,356,533.86 EUR and the total number of IMMOBEL shares amounts to 9,937,356 as from June 29th . Each share confers a right to vote in the General Meeting and the total number of shares represents the denominator for notification purposes in the context of the transparency regulation.

IMMOBEL owns 1,230,398 own shares. The voting rights relating to the shares owned by the Company are suspended.

According to IMMOBEL bylaws, the threshold as from which a shareholding needs to be disclosed, has been set at 3 %.

Notifications of important shareholdings to be made according to the Law of May 2 nd 2007 or IMMOBEL bylaws, should be sent to joelle.micha@immobel.be.

This information will be posted on www.immobel.be.

For more information:

Alexander Hodac*, Managing Director / CEO +32 2 422 53 23 alexander.hodac@immobel.be

* permanent representative of the company AHO Consulting bvba

About the new Group IMMOBEL:

The new IMMOBEL group stems from June 2016 merger between IMMOBEL and ALLFIN. IMMOBEL, listed on Euronext Brussels since September 19th, 1863, is since more than 150 years a major player in property development in Belgium. ALLFIN was founded in 2001 by Marnix Galle. It was a dynamic real-estate development company that grew rapidly, on the residential market in particular.

The merged IMMOBEL will be the largest listed real-estate development group in Belgium. IMMOBEL is mostly active in Belgium and the Grand Duchy of Luxembourg and is also active in Poland. IMMOBEL is mainly present on the residential market and, due to its expertise, also active on the office and landbanking markets. The company employs more than 90 persons and has a market capitalization of over 400 MEUR.

For more information, see also: www.immobel.be For more information, see also: www.allfin.be