Immobel NV

Major Shareholding Notification • Jul 5, 2016

PRESS RELEASE Regulated information Brussels, July 5 th , 2016 at 6.00 p.m.

Shareholders Declarations in accordance to the requirements of the Law of May 2 nd , 2007 (regarding Transparency)

In accordance with the Belgian Transparency Act of 2nd May, 2007 on the disclosure of important shareholdings in listed companies, IMMOBEL states that, following the Extraordinary Shareholders Meeting of merger IMMOBEL SA - ALLFIN GROUP CVA of June 29th , 2016, it received notifications from the following companies and person respectively dated June 30th and July 5th, 2016:

• Capfi Delen Asset Management NV, Jan Van Rijswijcklaan 178, 2020 Antwerpen
• Marnix Galle, Astridlaan 14, 8300 Knokke-Heist A ³ Capital NV, Akenkaai 52, 1000 Bruxelles IMMOBEL SA, rue de la Régence 58, 1000 Bruxelles ALLFIN GROUP CVA, rue des Colonies 56, 1000 Bruxelles.

Following this merger, and the new total number of IMMOBEL shares (9,997,356), the participation of:

• Capfi Delen Asset Management NV, or 412,196 shares, 4.12%, fell below the 5 % threshold.
• ALLFIN GROUP CVA (which was of 1,230,398 shares) rose to 0 shares, 0 %, i.e. below the 25 % threshold; A ³ Capital NV, being 5,605,530 shares, 56.07 % went beyond the 55 % threshold; IMMOBEL SA, being 1,230,398 shares, 12.31 % went beyond the 10 % threshold.

Please find attached further details regarding the two above notifications.

For more information: Alexander Hodac*, Managing Director / CEO +32 2 422 53 23 alexander.hodac@immobel.be

* permanent representative of the company AHO Consulting bvba

About the new Group IMMOBEL:

The new IMMOBEL group stems from June 2016 merger between IMMOBEL and ALLFIN. IMMOBEL, listed on Euronext Brussels since September 19th, 1863, is since more than 150 years a major player in property development in Belgium. ALLFIN was founded in 2001 by Marnix Galle. It was a dynamic real-estate development company that grew rapidly, on the residential market in particular.

The merged IMMOBEL will be the largest listed real-estate development group in Belgium. IMMOBEL is mostly active in Belgium and the Grand Duchy of Luxembourg and is also active in Poland. IMMOBEL is mainly present on the residential market and, due to its expertise, also active on the office and landbanking markets. The company employs more than 90 persons and has a market capitalization of over 400 MEUR.

For more information, see also: www.immobel.be For more information, see also: www.allfin.be