Fagron N.V.

Major Shareholding Notification • Apr 14, 2016

FORM TR-1 BE PARTI
1) Status of the notification
	Final
2) Issuer
	Name FAGRON
Identification number 0890-535-026
3) Reason for the notification
	Acquisition or disposal of voting securities or voting rights		۰
4) Notification by
	A parent undertaking or a controlling person
			۰
5) Persons subject to the notification requirement
	Name	Address (for legal persons)
	(& legal form for legal persons) The Goldman Sachs Group, Inc.	Corporation Trust Center, 1209 Orange Street, Wilmington, DE 19801, USA	٠
	6) Persons that dispose of, voting rights (Only to be filled in if art. 7 of the Law applies)
	Name (& legal form for legal persons)	Address (for legal persons)
			$\Phi$
Please continue entering the information in part il concerning the Click persons referred to in points 5 and 6
7) Date on which the threshold is crossed
	07/04/2016	(DD/MM/YYYY)
8) Threshold that is crossed (in %)
	$\overline{5}$
		If the holding has fallen below the lowest threshold, you have the option of not entering any numbers under point 10
9) Denominator

$\overline{a}$

32,111,827

Please enter the denominator before filling in the data

10) Notified details

A) Voling rights	Previous notification	After the transaction
	# of voting rights		# of voting rights	% of voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
The Goldman Sachs Group, Inc.
Goldman Sachs International		279,259		0.87%
Goldman, Sachs & Co.		61.867		0.19%
Goldman Sachs Asset Management, L.P.		706.971		2.20%
Goldman Sachs Asset Management International		13.391		0.04%
subtotal		1,061,488		3.31%
TOTAL		1.061.488	٥	3.31%	0.00%

the ratio of the start with "groups" of holders. Calculate subtotels and then finish with the Start with "groups" of holders. Calculate subtotels and the new selected on The totals, subtotals and % will be undated once you

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration date	Exercise period or dale	# of voting rights that may be acquired if the instrument is exercised	% of voting rights
	TOTAL		(in relation to all expiration dates)		$0.00\%$

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The totals will be updated once you have clicked on

TOTAL (Voting rights & Equivalent financial instruments)	# of voting rights	% of voting rights
	CALCULATE	1,061,488	3.31%

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

Please describe, or join a diagram in attachment

__ Please Refer to Annexure - Structure Chart	-------	The Second Control of the Second
----- ______ STATISTICS	______	SERECH WAS SERECTED FOR ANY ON A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A

12) In case of proxy voting for only one GM

	-------- ___		State State	STATISTICS
ALCOHOL: HUME 24 L.M. Holder		will cease to hold / will hold again		voting rights as of
	Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution Constitution

13) Additional information

A) Convertible bonds and rights to subscribe to voting securities not yet issued
Holder	Type of financial instrument	Expiration date (DD/MM/YYYY)	Exercise/Conversion period or date	Number	# of voting rights that may be acquired if the instrument is exercised/converted
B) Shares without voting rights
Holder	Number
C) Remarks
Done at	London
On	13/04/2016	(DD/MM/YYYY)
Name & capacity	Joanna Foley, Executive Director, Regulatory Operations		Signature		$J\cdot\sqrt{2}$

Chain of Controlled Undertakings:

• . GOLDMAN SACHS INTERNATIONAL IS CONTROLLED BY GOLDMAN SACHS GROUP UK LIMITED WHICH IS CONTROLLED BY GOLDMAN SACHS (UK) L.L.C., WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.
• GOLDMAN, SACHS & CO. IS CONTROLLED BY THE GOLDMAN, SACHS & CO. L.L.C. WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.
• GOLDMAN SACHS ASSET MANAGEMENT, L.P. IS CONTROLLED BY GSAM HOLDINGS LLC WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.
• GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL IS CONTROLLED BY GOLDMAN SACHS GROUP UK LIMITED WHICH IS CONTROLLED BY GOLDMAN SACHS (UK) L.L.C. WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.