KBC Ancora SA — Major Shareholding Notification 2014

Jul 22, 2014

FORM TR-1 BE PARTI
1) Status of the notification
	Final
2) Issuer
	Name KBC ANCORA Identification number 0464-965-639
3) Reason for the notification
	Acquisition or disposal of voting securities or voting rights
4) Notification by
	A parent undertaking or a controlling person
	5) Persons subject to the notification requirement
	Name (& legal form for legal persons)	Address (for legal persons)
	Landsdowne Partners International Limited	PO Box 309, Ugland House, Grand Cayman, Cayman Islands, KY1-1104
	Lansdowne Partners Austria GmbH	Wallnerstrasse 3/4/21, A-1010 Wien
	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)
	Please continue entering the information in part II concerning the	Click
		persons referred to in points 5 and 6
7) Date on which the threshold is crossed
	10/07/2014	(DD/MM/YYYY)
8) Threshold that is crossed (in %)
		If the holding has fallen below the lowest threshold, you have the option of not entering any numbers under point 10
9) Denominator
	78,301,314
	Please enter the denominator before filling in the data

10) Notified details

A) Voting 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
Lansdowne Partners International Limited		0		0.00%
Lansdowne Partners Austria GmbH		796,477		1.02%
subtotal		796,477
TOTAL		796,477	0	1.02%	0.00%

Start with "groups" of holders. Calculate subtotals and then finish with the persons who are "alone". The totals, subtotals and % will be updated once you have clicked on

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights

The totals will be updated once you have clicked on

TOTAL (Voting rights & Equivalent financial instruments)	# of voting rights	% of voting rights
	CALCULATE	796,477	1.02%

TOTAL 0 0.00%

(in relation to all expiration dates)

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

Please describe, or join a diagram in attachment

Lansdowne Partners Austria GmbH is controlled by Lansdowne Partners Cyprus Limited. Lansdowne Partners Cyprus Limited is controlled by Lansdowne Partners International Limited, ultimate company.

12) In case of proxy voting for only one GM

Holder will cease to hold / will hold again ⁰ +

voting rights as of

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
	Lansdowne Partners Austria GmbH is the discretionary investment manager and exercises the voting rights at its discretion in the absence of specific instructions.
Done at	Wallnerstrasse 3/4/21, A-1010 Wien
On	(DD/MM/YYYY) 16/07/2014
Name & capacity

Steve Heinz (Director, Lansdowne Partners Austria GmbH)

Signature