KBC Groupe : Publication of transparency notifications received by KBC Group NV

Press release

Outside trading hours - Regulated information*

Brussels, 20 April 2018, 08 h CEST

Publication of transparency notification(s) 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(s)

KBC Group NV has received transparency notifications dd. 16 April 2018 and 17 April 2018, which state that BlackRock Inc. has crossed the reporting threshold of 5% (voting rights, excluding equivalent financial instruments) first upwards and then downwards.

Content of the notification(s)

The notification(s) contain(s) following information:

•  Reason for the notification(s): acquisition or disposal of voting securities or voting rights

•  Notification(s) by: BlackRock Inc.

•  Persons subject to the notification requirement: see annex 1

•  Date(s) on which the threshold is crossed: 13 April 2018 and 16 April 2018

•  Threshold that is crossed: 5%

  (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): 418 597 567

•  Notified details: see annex 1

•  Chain of controlled undertakings through which the holding is effectively held:

  See "11: Full chain of controlled undertakings through which the holding is effectively held" in the PDF-file onwww.kbc.com(see below).

•  The relevant notification(s) is (are) available atwww.kbc.com> Investor relations > Shareholder information > Shareholder structure.

For more information, please contact:

Kurt De Baenst, General Manager, Investor Relations, KBC Group E-mail:investor.relations@kbc.be

Viviane Huybrecht, General Manager, Corporate Communication/Spokesperson, KBC Group E-mail:pressofficekbc@kbc.be

Annex 1

Notification dd. 16 April 2018

A) Voting rights

Holders of voting rights

Previous notification

# of voting rights

BlackRock, Inc.

BlackRock (Netherlands) B.V.

BlackRock (Singapore) Limited

BlackRock Advisors (UK) Limited

BlackRock Advisors, LLC

BlackRock Asset Management Canada Limited

BlackRock Asset Management Deutschland AG

BlackRock Asset Management North Asia Limited

BlackRock Capital Management, Inc.

BlackRock Financial Management, Inc.

BlackRock Fund Advisors

BlackRock Institutional Trust Company, National Association

BlackRock International Limited

BlackRock Investment Management (Australia) Limited

BlackRock Investment Management (UK) Limited

BlackRock Investment Management, LLC

BlackRock Japan Co., Ltd.

Subtotal

TOTAL

20.894.625

1.536.017

1.804.638

4.040.075 4.196.918

7.513.893

326.976 134.435

143.553

141.575 90.561

564.987 332.665

39.119 10.735

18.242

236

0

B) Equivalent financial instruments

After the transactionHolders of equivalent financial instrumentsType of financial instrument

# of voting rights

BlackRock Advisors (UK) Limited

BlackRock Investment Management (UK) Limited

Securities LentSecurities Lent

BlackRock Advisors (UK) LimitedContract For Difference

BlackRock Advisors, LLC

Contract For Difference

BlackRock Financial Management, Inc.

Contract For Difference

BlackRock Institutional Trust Company, National AssociationContract For Difference

BlackRock International LimitedContract For Difference

BlackRock Investment Management (UK) Limited

Contract For Difference

BlackRock Investment Management, LLC

Contract For Difference

BlackRock Investment Management, LLC

Depository Receipt

TOTALExpiration date

Notification dd. 17 April 2018

A) Voting rights

Holders of voting rights

Previous notification

# of voting rights

BlackRock, Inc.

BlackRock (Netherlands) B.V.

BlackRock (Singapore) Limited

BlackRock Advisors (UK) Limited

BlackRock Advisors, LLC

BlackRock Asset Management Canada Limited

BlackRock Asset Management Deutschland AG

BlackRock Asset Management North Asia Limited

BlackRock Capital Management, Inc.

BlackRock Financial Management, Inc.

BlackRock Fund Advisors

BlackRock Institutional Trust Company, National Association

BlackRock International Limited

BlackRock Investment Management (Australia) Limited

BlackRock Investment Management (UK) Limited

BlackRock Investment Management, LLC

BlackRock Japan Co., Ltd.

Subtotal

TOTAL

20.991.438

1.641.113

1.796.704

4.034.381 4.196.949

7.516.999

326.857 134.435

143.560

141.575 90.561

567.040 332.735

39.119 10.735

18.424

251

0

B) Equivalent financial instrumentsHolders of equivalent financial instrumentsType of financial instrumentAfter the transaction

BlackRock Advisors (UK) Limited

BlackRock Investment Management (UK) Limited

Securities LentSecurities Lent

BlackRock Advisors (UK) LimitedContract For Difference

BlackRock Advisors, LLC

Contract For Difference

BlackRock Financial Management, Inc.

Contract For Difference

BlackRock Institutional Trust Company, National AssociationContract For Difference

BlackRock International LimitedContract For Difference

BlackRock Investment Management (UK) Limited

Contract For Difference

BlackRock Investment Management, LLC

Contract For Difference

BlackRock Institutional Trust Company, National Association BlackRock Investment Management, LLC

Depository ReceiptDepository Receipt

TOTALExpiration dateExercise period or date