Bekaert NV

Major Shareholding Notification • Mar 10, 2015

Press release

Regulated information

10 March 2015

Press Katelijn Bohez T +32 56 23 05 71

Investor Relations Jérôme Lebecque T +32 56 23 05 72

www.bekaert.com

Disclosure in accordance with the provisions of the Act of 2 May 2007:

Transparency law

Notification of acquisition of voting securities and threshold crossing

On 6 March 2015, Kiltearn Limited (Exchange Place 3, 3 Semple Street, Edinburgh, Scotland, EH3 8BL), in its capacity as parent company or controlling person, has notified NV Bekaert SA ("Bekaert") that on 2 March 2015 the statutory threshold of 3% was crossed as a result of the acquisition of Bekaert's shares and voting rights.

Name	Date	# Voting rights	Denominator	% Voting rights
Kiltearn Partners LLP	02/03/2015	1 856 567	60 111 405	3.09%
Kiltearn Limited	02/03/2015	0	60 111 405	0.00%

Kiltearn Partners LLP is controlled by Kiltearn Limited, where Kiltearn Limited holds over 90% of the capital interests of Kiltearn Partners LLP.

According to the declaration, Kiltearn Partners LLP acts as the fully discretionary investment manager for a number of commingled funds, 1) The Kiltearn Global Equity Fund, 2) The Kiltearn Global Equity (SRI) Fund and 3) The Kiltearn Global Equity (Ireland) Fund. Kiltearn also manage three separate accounts. In acting for its Clients, Kiltearn are given full discretion over their investments. However, Kiltearn do not act as their Client's custodian and therefore shares are not held in their name but in the name of each Client's custodian bank.

Profile

Bekaert (www.bekaert.com) is a world market and technology leader in steel wire transformation and coating technologies. We pursue to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers worldwide. Bekaert (Euronext Brussels: BEKB) is a global company with 30 000 employees worldwide, headquarters in Belgium and € 4 billion in annual revenue.