KBC Ancora SA — Earnings Release 2012

May 4, 2012

Press Release Regulated information Embargo until 4 May 2012 (17.40 hrs CEST) Interim Statement

Regulated information, Leuven, 4 May 2012 (17.40 hrs CEST)

Interim Statement for third quarter of financial year 2011/2012

KBC Ancora will close the current financial year with a negative recurring result. KBC Ancora will not distribute a dividend for the current financial year.

Key events in the past quarter

The assets of KBC Ancora consist almost entirely of a participating interest of 22.97% in KBC Group. KBC Group closed the financial year 2011 with a modest positive result, and on 9 February 2011 announced net profit for the financial year of EUR 13 million. The underlying result amounted to EUR 1.10 billion.

At the General Meeting of Shareholders held on 3 May 2012, the shareholders of KBC Group approved a dividend for the financial year 2011 of EUR 0.01 per KBC Group share. As a result, KBC Ancora will receive a dividend of EUR 822,163 on 14 May 2012.

KBC Ancora is expected to close the current financial year with a negative recurring result of approximately EUR 31 million. KBC Ancora will not distribute a dividend for the current financial year.

Participating interest in KBC Group, net debt and net asset value

KBC Ancora did not buy or sell any KBC Group shares in the first nine months of the current financial year, and holds 82,216,380 KBC Group shares.

As at 31 March 2012 the net asset value of the KBC Ancora share corresponded to 1.05 times the price of the KBC Group share, less the net debt of EUR 7.93 per share. The net debt per share increased during the last quarter by EUR 0.10 per share. This increase is attributable mainly to the pro rata interest charges on outstanding loans.

Based on the closing price of the KBC Group share on 30 March 2012 (EUR 18.81), the net asset value of one KBC Ancora share amounted to EUR 11.82, and the KBC Ancora share (EUR 7.58) was trading at a discount of 35.9% to the net asset value.

Based on the closing price of the KBC Group share on 3 May 2012 (EUR 14.085) the net asset value of one KBC Ancora share amounted to EUR 6.86 and the KBC Ancora share (EUR 5.75) was trading at a discount of 16.2% to the net asset value.

Press Release Regulated information Embargo until 4 May 2012 (17.40 hrs CEST) Interim Statement

Responsibility for compiling this Interim Statement

This Interim Statement was compiled under the responsibility of the Board of Directors of Almancora Société de gestion SA, statutory manager of KBC Ancora. The figures presented in this Statement have not been audited.

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KBC Ancora is a listed company which holds approximately 23% 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.

Financial calendar

31 August 2012 (17.40 hrs CEST): Annual press release 26 October 2012: General Meeting of Shareholders

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 27 96 72 fax: +32 (0)16 27 96 94 e-mail: jan.bergmans@kbcancora.be