Orange Belgium S.A.

Transaction in Own Shares • May 16, 2016

Purchase of own shares in the context of the liquidity contract

Brussels, Monday May 16, 2016 – In the framework of the liquidity contract, Orange Belgium (Euronext Brussels: OBEL) announces today that it has bought 2,170 own shares during the period 09/05/2016 up to 13/05/2016. For the same period, Orange Belgium has sold 93,670 own shares.

Acquisition date	Number of shares purchased	Average price (euros)	Highest price (euros)	Lowest price (euros)
May 09, 2016	0	0	0	0
May 10, 2016	2,070	19.625	19.860	19.500
May 11, 2016	0	0	0	0
May 12, 2016	100	19.783	19.790	19.780
May 13, 2016	0	0	0	0

At May 13, 2016, 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 Siddy Jobe – ir@orange.be - +32 (0)2 745 80 92

Press contact

Annelore Marynissen (NL) – annelore.marynissen@orange.com - +32 479 01 60 58 Jean-Pascal Bouillon (FR) – jean-pascal.bouillon@orange.com – +32 473 94 87 31 press@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.