Press release

Outside trading hours - Regulated information*

Brussels, 2 December 2016, 18 h

Publication of a transparency notification received by KBC Group NV (art. 14, 1st section of the Act of 2 May 2007 concerning the disclosure of significant participations) Summary of the notification

KBC Group NV has received a transparency notification dated 23 November 2016, which states that FMR LLC (Fidelity), as a result of a net purchase of shares, now has 3,02% of the voting rights in KBC Group NV and as a consequence crossed the reporting threshold of 3%.

Content of the notification

The notification contains following information:

  • Reason for the notification: acquisition or disposal of voting securities or voting rights

  • Notification by: FMR LLC (Fidelity)

  • Persons subject to the notification requirement: see annex 1

  • Date on which the threshold is crossed: 18 November 2016

  • Threshold that is crossed: 3%

    (KBC Group's Articles of Association set a notification threshold of 3% of the total number of voting rights. In addition, the legal thresholds of 5% or any multiple thereof also apply)

  • Denominator (number of shares KBC Group NV): 418 087 058

  • Notified details: see annex 1

  • Chain of controlled undertakings through which the holding is effectively held: "The holdings attributable to FMR LLC arisefrom holdingsof various undertakings for collective investment that are managed by FMR Co, Inc, Fidelity Institutional Asset Management Trust Company, FMR INVESTMENT MANAGEMENT (UK) LIMITED, FIDELITY MANAGEMENT TRUST COMPANY and FIAM LLC, each of which are entities that are subsidiaries of and controlled by FMR LLC. These undertakings for collective investment have granted FMR LLC discretionarypower to vote the securities in accordance with the FMR LLC board proxy voting policy. FMR LLC is not a controlled undertaking."

  • The relevant notification is available at www.kbc.com > Investor relations > Shareholder information > Shareholder structure.

For more information, please contact:

Wim Allegaert, General Manager, Investor Relations, KBC Group Tel + 32 2 429 50 51 - E-mail: wi m.a l l ega ert@kbc.be

Viviane Huybrecht, General Manager, Corporate Communication/Spokesperson, KBC Group Tel + 32 2 429 85 45 - E-mail: pres s offi cekbc@kbc.be

* This press release contains information provided in compliance with European transparency legislation for listed

companies. KBC Group NV is listed at NYSE Brussels.

KBC Group NV

Havenlaan 2 - 1080 Brussels Viviane Huybrecht

General Manager, Corporate Communication/ Spokesperson

Tel. + 32 2 429 85 45

Press Office

Tel. + 32 2 429 65 01

Tel. + 32 2 429 29 15

Fax + 32 2 429 81 60

E-mail:pre ssoffice kbc@kbc.be

KBC press releases are available at www.kbc.com or can be obtained by sending an e-mail to pressofficekbc@kbc.be

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Annex 1:

A) Stemrechten

Voting rights

Vorige notif icatie

(aantal stemrechten) Previous notification (number of voting rights)

Na de transactie

After the transaction

Aantal stemrechten

Number of voting rights

% v an stemrechten

% of voting rights

Gelinked aan

ef f ecten Linked to securities

Niet gelinked aan

ef f ecten Not linked to securities

Gelinked aan

ef f ecten

Linked to securities

Niet gelinked

aan ef f ecten Not linked to securities

FMR LLC

12 312 076

0

-

0,00%

-

FMR Co., Inc.

9 043 731

-

2,16%

-

Fidelity Institutional Asset

Management Trust Company

880 815

-

0,21%

-

FIAM LLC

926 232

-

0,22%

-

FMR INVESTMENT MANAGEMENT (UK) LIMITED

1 761 413

-

0,42%

-

FIDELITY MANAGEMENT TRUST COMPANY

16 652

-

0,00%

-

Totaal

Total

12 312 076

12 628 843

-

3,02%

-

B) Equiv alente

f inanciële instru- menten (equivalent financial instruments)

Geen

None

KBC Group NV published this content on 02 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 December 2016 17:08:05 UTC.

Original documenthttps://www.kbc.com/system/files/doc/newsroom/pressreleases/2016/20161202_TRP_FMR_en.pdf

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