KBC Ancora SA — Major Shareholding Notification 2016

Aug 4, 2016

Press Release Regulated information Leuven, 4 August 2016 (17.40 hrs CEST) Transparency notification

Regulated information, Leuven, 4 August 2016

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 2 August 2016 indicating that Parvus Asset Management Europe Limited, controlled by Mr Edoardo Mercadante, by virtue of acquisition or transfer of shares, now holds 1.27% of the voting rights of the company, and has therefore surpassed the notification threshold of 1%.

Content of the notification

Reason for the notification	Acquisition or transfer of voting rights or
	securities conferring a voting right
Notification by	A parent undertaking or a controlling person
Person subject to the notification	Parvus Asset Management Europe Limited – UK
requirement	Private Limited company/Edoardo Mercadante
Transaction date	27 July 2016
Threshold that has been crossed	1% (upwards)
	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
Number of voting rights held	996,102
% of voting rights held	1.27%
Chain of controlled undertakings	Parvus Asset Management Europe Limited is
	appointed investment manager to several funds,
	which in aggregate hold the voting rights
	disclosed above. Parvus Asset Management
	Europe Limited is able to exercise the voting
	rights at its discretion towards its clients. Mr.
	Edoardo Mercadante is the controller of Parvus
	Asset Management Europe Limited and can
	therefore influence the decision of the firm on
	how to exercise the voting rights

Press Release Regulated information Leuven, 4 August 2016 (17.40 hrs CEST) 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'

KBC Ancora is a listed company which holds 18.5% 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.

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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