Orange Belgium S.A.

Transaction in Own Shares • Dec 31, 2018

Purchase of own shares in the context of the liquidity contract

Brussels, Wednesday December 31, 2018 – In the framework of the liquidity contract, range Belgium (Euronext Brussels: OBEL) announces today that it has bought 10,500 own shares during the period 24/12/2018 up to 28/12/2018. For the same period, Orange Belgium has sold 13,500 own shares.

Acquisition date	Number of shares purchased	Average price (euros)	Highest price (euros)	Lowest price (euros)
December 24, 2018	3,786	16.770	16.940	16.660
December 25, 2018	0	0	0	0
December 26, 2018	0	0	0	0
December 27, 2018	4,889	16.560	16.580	16.500
December 28, 2018	1,825	16.430	16.440	16.400

At December 28, Orange Belgium held 0 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".

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).

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.

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