KBC Ancora SA — Director's Dealing 2018

Oct 30, 2018

Press Release Regulated information Leuven, 30 October 2018 (17.40 hrs CET) Transparency notification

Regulated information, Leuven, 30 October 2018 (17.40 CET)

Publication of a transparency notification received by KBC Ancora SCA

(Section14, first subsection, of the Act of 2 May 2007 on disclosure of major holdings)

Summary of the notification

KBC Ancora has received a transparency notification dated 26 October 2018 indicating that BlackRock Inc., by virtue of acquisition or disposal of voting securities or voting rights, has fallen below the notification threshold of 1%. The number of KBC Ancora shares with voting right reduced to 0.998%. However, the sum of the number of KBC Ancora shares with voting right (0.998%) and the number of equivalent financial instruments (0,07%), via which voting rights may be acquired if the instrument is exercised, remains above 1%.

Content of the notification

Reason for the notification	Acquisition or disposal of voting securities or
	voting rights
Notification by	A parent undertaking or a controlling person
Person subject to the notification requirement	BlackRock, Inc. / BlackRock (Netherlands) B.V. / BlackRock Advisors (UK) Limited / BlackRock Asset Management Canada Limited / BlackRock Fund Advisors / BlackRock Institutional Trust Company, National Association / BlackRock Investment Management (Australia) Limited / BlackRock Investment Management (UK) Limited / BlackRock Investment Management, LLC
Transaction date	25 October 2018
Threshold that has been crossed	1% (downward) In addition to the thresholds of 5% and any multiple thereof, the statutory thresholds of 1% and 3% also apply for KBC Ancora
Denominator	78,301,314
A) Voting rights	781,826 (0.998%)
B) Equivalent financial instruments	56,342 (0.07%)
Total number of voting rights A) + B)	838,168
% of voting rights held	1.07%
Chain of controlled undertakings	BlackRock, Inc. Trident Merger, LLC BlackRock Investment Management, LLC BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P.

Press Release Regulated information Leuven, 30 October 2018 (17.40 hrs CET) Transparency notification

BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe Limited BlackRock Investment Management (UK) Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Australia Holdco Pty. Ltd. BlackRock Investment Management (Australia) Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Institutional Trust Company, National Association

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Fund Advisors

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Canada Holdings LP BlackRock Canada Holdings ULC BlackRock Asset Management Canada Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe Limited BlackRock Advisors (UK) Limited

BlackRock, Inc. BlackRock Holdco 2, Inc.

Press Release Regulated information Leuven, 30 October 2018 (17.40 hrs CET) Transparency notification

Miscellaneous

This press release and the accompanying notification and other notifications may be consulted on the website of KBC Ancora, www.kbcancora.be, under 'Shareholders'/'Transparency reports'

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KBC Ancora is a listed company which holds 18.6% of the shares in KBC Group and which together with Cera, MRBB and the Other Permanent Shareholders is responsible for the shareholder stability and further development of the KBC group. As core shareholders of KBC Group, these parties have signed a shareholder agreement to this effect.

This press release is available in Dutch, French and English on the website www.kbcancora.be.

KBC Ancora Investor Relations & Press contact: Jan Bergmans Tel.: +32 (0)16 279672 e-mail: jan.bergmans@kbcancora.be e-mail (general enquiries): mailbox@kbcancora.be