Orange Belgium S.A.

Transaction in Own Shares • Jan 21, 2019

Purchase of own shares in the context of the liquidity contract

Brussels, Wednesday January 21, 2019 – In the framework of the liquidity contract, range Belgium (Euronext Brussels: OBEL) announces today that it has bought 21,804 own shares during the period 14/01/2019 up to 18/01/2019. For the same period, Orange Belgium has sold 19,025 own shares.

Acquisition date	Number of shares purchased	Average price (euros)	Highest price (euros)	Lowest price (euros)
January 14, 2018	7,279	17.250	17.380	17.140
January 15, 2019	10,000	16.780	17.120	16.620
January 16, 2019	4,500	16.470	16.560	16.360
January 17, 2019	25	16.600	16.600	16.600
January 18, 2019	0	0	0	0

At January 18, 2019, Orange Belgium held 4,000 shares acquired in the framework of the liquidity contract. The summary of the acquisitions realized in the framework of the liquidity contract launched on August 1st, 2014 is available on the corporate website http://corporate.orange.be/en under the section "Financial information / Shareholders & Investors / Liquidity Contract".

More information on: corporate.orange.be, www.orange.be or follow us on Twitter : @pressOrangeBe.

Contact investors ir@orange.be

About Orange Belgium

Orange Belgium is one of the leading telecommunication operators on the Belgian market, with over 3 million customers, and in Luxembourg through its subsidiary Orange Luxembourg.

As a convergent actor, we provide mobile telecommunication services, internet and TV to private clients, as well as innovative mobile and fixed line services to businesses. Our high-performance mobile network supports 2G, 3G, 4G and 4G+ technology and is the subject of ongoing investments.

Orange Belgium is a subsidiary of the Orange Group, one of the leading European and African operators for mobile telephony and ADSL internet access, as well as one of the world leaders for telecommunication services to enterprises. Orange Belgium is listed on the Brussels Stock Exchange (OBEL).

Isabelle Vanden Eede (FR) – isabelle.vandeneede@orange.com – +32 474 77 77 28 press@orange.be