TINC N.V.

Declaration of Voting Results & Voting Rights Announcements • May 24, 2016

Publication in accordance with the law of 2 May 2007 regarding the total number of shares, voting rights and publication of major shareholdings (the "Transparency Law")

Regulated information

Antwerp, 24 May 2016, 17h45 CET

Transparency notification

Pursuant to the law of 2 May 2007 on the disclosure of major shareholdings, TINC received on 23 May 2016 a transparency notification concerning the transfer of 1.455.598 shares of TINC by Belfius Bank NV to its subsidiary Belfius Insurance NV on May 18, 2016.

This transfer of shares does not bring any change to the control over TINC, currently held by TINC Manager NV, the statutory manager of TINC. TINC Manager is under the joint control of Belfius Bank and Gimv, through their joint subsidiary TDP.

Belfius Insurance NV, Gimv NV and TINC Manager NV, jointly hold 2.911.697 shares or 21,35% of the 13.636.364 shares and voting rights (nominator) of TINC currently outstanding.

The full version of the transparency notification is available on TINC's website www.tincinvest.com.

Contact: Manu Vandenbulcke, CEO TINC T +32 3 290 21 73 – manu.vandenbulcke@tincinvest.com

About TINC

TINC is an investment company listed on Euronext Brussels, holding investments in predominantly mature and operational infrastructure assets. TINC holds a diversified portfolio of investments in infrastructure assets, including road, light rail, accommodation, car park and energy infrastructure, located in Belgium and the Netherlands. This portfolio of predominantly operational infrastructure assets is generating cash flows of a long term sustainable nature, which is the basis of TINC's dividend policy.

For more information please visit www.tincinvest.com.