EXMAR NV — Capital/Financing Update 2013

Nov 25, 2013

25/11/2013 7.00 pm

Regulated information

"NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW"

RESULTS PRIVATE PLACEMENT

EXMAR NV (Euronext Brussels: EXM) has been informed that SAVEREX NV has sold 4,900,000 existing shares of EXMAR NV at EUR 10.20 per share, for an amount of EUR 49,980,000, through a successful private placement conducted by way of an accelerated bookbuilding.

In view of the high demand for the EXMAR shares, SAVEREX NV has decided to increase the amount compared to the originally announced EUR 45 million.

SAVEREX NV is a private company, based in Antwerpen and controlled by Nicolas Saverys, CEO of EXMAR NV. SAVEREX NV is the reference shareholder of EXMAR NV since 2003 and still owns 46.09 % of EXMAR NV and remains the reference shareholder of EXMAR NV after the sale.

The proceeds of the sale will be used to reimburse the loan granted by SOFINA SA and to reimburse partially short-term loans granted by a.o. BNP Paribas Fortis and KBC Bank.

SAVEREX NV has agreed to a lock-up of 6 months.

BNP Paribas Fortis, KBC Securities and Petercam have acted as joint-bookrunners in connection with the private placement.

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This communication is not and does not form a part of any offer for sale of securities.

This communication may not be published, distributed or transmitted in the United States of America (including their territories and dependencies, any State of the United States of America and the district of Columbia). This press release does not constitute an offer to sell or the solicitation of an offer to purchase or to subscribe securities in the United States of America. The securities referred to in this press release have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States of America except pursuant to an exemption from the registration requirements of the Securities Act.

This communication is not being made, nor has it been approved by, an authorized person for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended and accordingly is for distribution only to, and is directed solely at, persons who: (i) are outside the United Kingdom; (ii) are investment professionals, as such term is defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Financial Promotion Order"); or (iii) are persons falling within Article 49(2)(a) to (d)

PRESS RELEASE

25/11/2013 7.00 pm

Regulated information

("high net worth companies, unincorporated associations, etc") of the Financial Promotion Order; (all such persons together being referred to as "relevant persons"). This communication is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons.

Any investment decision to buy shares in Exmar must be made solely on the basis of publicly available information regarding Exmar.

Release, publication or distribution of this press release is forbidden in any country where it would violate applicable laws or regulations.

Contact NV EXMAR Mr. Miguel de Potter – CFO Tel : +32 3 247.56.70 www.exmar.be