Orange Belgium S.A.

Transaction in Own Shares • Dec 24, 2018

Purchase of own shares in the context of the liquidity contract

Brussels, Monday December 24, 2018 – In the framework of the liquidity contract, range Belgium (Euronext Brussels: OBEL) announces today that it has bought 3,724 own shares during the period 17/12/2018 up to 21/12/2018. For the same period, Orange Belgium has sold 5,224 own shares.

Acquisition date	Number of shares purchased	Average price (euros)	Highest price (euros)	Lowest price (euros)
December 17, 2018	0	0	0	0
December 18, 2018	724	16.640	16.640	16.640
December 19, 2018	0	0	0	0
December 20, 2018	0	0	0	0
December 21, 2018	3,000	17.170	17.120	17.240

At December 21, Orange Belgium held 3,000 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