Tessenderlo Group nv — Capital/Financing Update 2015

Jun 19, 2015

Regulated information1

Brussels, June 19, 2015 Press release

TESSENDERLO CHEMIE NV RAISES EXPECTED MAXIMUM OF EUR 250 MILLION WITH BOND ISSUE

Tessenderlo Chemie NV (the "Issuer") announces that the public offer in Belgium of two series of Bonds with a maturity of 7 years (the "2022 Bonds") and 10 years (the "2025 Bonds", and together with the 2022 Bonds, the "Bonds") for an expected minimum amount of EUR 75.0 million for the 2022 Bonds and an expected minimum amount of EUR 25.0 million for the 2025 Bonds and for a combined maximum amount of EUR 250.0 million, has been closed in consultation with the Joint Lead Managers (ING, BNP Paribas Fortis and KBC) after the second day of the subscription period, because the combined maximum amount of EUR 250.0 million has been achieved. The offer was closed on Friday June 19, 2015 at 5.30 p.m. (Brussels Time).

The total issue amount is EUR 250.0 million, of which approx. EUR 192.0 million for the 2022 Bonds and approx. EUR 58.0 million for the 2025 Bonds. EUR 250.0 million has been placed in the market, of which approx. EUR 30.0 million has been subscribed to by a 100% subsidiary of the Issuer operating in the re-insurance market, in line with its investment policy.

Luc Tack (CEO) and Stefaan Haspeslagh (CFO) are very happy with the outcome of the transaction and thank the investors for their confidence in the Tessenderlo Group.

More information about this public offer can be found in the corresponding prospectus of June 15, 2015, approved by the Financial Services and Markets Authority (the "FSMA"), which is available at the Joint Lead Managers as well as on the company's website: www.tessenderlo.com.

The bonds will be issued and accepted for trading on Euronext Brussels on July 15, 2015.

About Tessenderlo Group

Tessenderlo Group is a worldwide specialty company, focused on food, agriculture, water management and on valorizing bio-residuals. The group employs about 4,800 people and is a leader in most of its markets, with a consolidated revenue of 1.4 billion EUR in 2014. Tessenderlo Chemie NV is listed on Euronext Brussels and is part of Next 150 and BEL Mid indices. Financial News wires: Bloomberg: TESB BB – Reuters: TesBt.BR – Datastream: B:Tes

Media Relations Investor Relations Lars Vervoort Kurt Dejonckheere +32 2 639 16 74 +32 2 639 18 41

lars.vervoort@tessenderlo.com kurt.dejonckheere@tessenderlo.com

This press release is available in Dutch and English on the corporate website www.tessenderlo.com - under 'News & Media'.

¹ The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market. 1