ageas SA/NV — Major Shareholding Notification 2011

May 23, 2011

PRESS RELEASE Brussels / Utrecht, 23 May 2011 17:30

Regulated information - Ageas and Norges Bank: Notification

In accordance with the rules on financial transparency, Norges Bank sent a notification on 20 may 2011 advising that, on 18 May 2011, its interest has exceeded the statutory threshold of 3% of the shares issued by Ageas and reached 3.10%.

The notifications received by Ageas are available on the Ageas website under "Investor relations – The share – Transparency requirements": http://www.ageas.com/en/Pages/transparency_requirements.aspx.

Ageas is an international insurance company with a heritage spanning more than 180 years. Ranked among the top 20 insurance companies in Europe, Ageas has chosen to concentrate its business activities in Europe and Asia, which together make up the largest share of the global insurance market. These are grouped around four segments: Belgium, United Kingdom, Continental Europe and Asia and served through a combination of wholly owned subsidiaries and partnerships with strong financial institutions and key distributors around the world. Ageas operates successful partnerships in Belgium, UK, Luxembourg, Italy, Portugal, China, Malaysia, India and Thailand and has subsidiaries in France, Germany, Hong Kong and UK. It is the market leader in Belgium for individual life and employee benefits, as well as a leading non-life player, through AG Insurance, and in the UK, it has a strong presence as the second largest player in private car insurance and the over 50's market. It employs more than 13,000 people and has annual inflows of almost EUR 18 billion.

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Ageas Rue du Marquis 1 - 1000 Brussels - Belgium Archimedeslaan 6 - 3584 BA Utrecht - The Netherlands www.ageas.com