ageas SA/NV — Director's Dealing 2017

Oct 13, 2017

PRESS RELEASE

Brussels, 13 October 2017 – 17:40 (CET)

Regulated information - Ageas and Norges Bank: Transparency notification

In accordance with the rules on financial transparency*, Norges Bank has notified Ageas on 10 October 2017 that, on 9 October 2017, its shareholding stands at 2.98%.

Reason for the notification Acquisition or disposal of voting securities or voting rights

Notification by A person that notifies alone

Persons subject to the notification requirement Norges Bank - Bankplassen 2, PO Box 1179 Sentrum, 0107 Oslo, Norway

Date on which the threshold is crossed 9 October 2017

Threshold that is crossed (in %) 3 %

Denominator 209,399,949

Notified details

A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voting rights		% of voting rights
		Linked to	Not linked to	Linked to	Not linked to
Holders of voting rights		securities	the securities	securities	the securities
Norges Bank	6,360,925	6,047,902		2.89%

TOTAL 6,047,902 2.89% 0.00%

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights	Settlement
Norges Bank	Shares out on loan (right to recall)		At any time	65,929	0.03%	Physical
Norges Bank	CFDs		At any time	128,178	0.06%	Cash
	TOTAL			194,107	0.09%

Total A & B	# of voting rights	% of voting rights
	6,242,009	2.98%

* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions

EURONEXT BRUSSELS Ticker: AGS ISIN: BE0974264930

MEDIA CONTACT +32 (0)2 557 57 36

INVESTOR RELATIONS +32 (0)2 557 57 33

Ageas

Rue du Marquis 1 1000 Brussels - Belgium www.ageas.com

Chain of controlled undertakings through which the holding is effectively held, if applicable

Norges Bank is the central bank of Norway. As part of its central bank activities, Norges Bank manages Norway's foreign exchange reserves and is responsible for management of the Norwegian Government Pension Fund Global (GPFG). The formal responsibility for management of the GPFG is placed with the Ministry of Finance, but is delegated to Norges Bank. All investments are executed by Norges Bank acting as principal and all holdings are registered in the name of Norges Bank.

This press release and the notifications received by Ageas are available on the website.

Ageas is a listed international insurance Group with a heritage spanning 190 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow. As one of Europe's larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Luxembourg, France, Italy, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of over 40,000 people and reported annual inflows close to EUR 32 billion in 2016 (all figures at 100%).