KBC Groupe : Publication of transparency notification(s) received by KBC Group NV

Press release

Outside trading hours - Regulated information*

Brussels, 16 October 2018, 8h00 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 a transparency notification dd. 11 October 2018 and dd. 12 October 2018, which - as a result - state that BlackRock Inc. has crossed the reporting threshold of 5% (total voting rights and equivalent financial instruments) 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

•  Date(s) on which the threshold is crossed: 10 October 2018 and 11 October 2018

•  Threshold that is crossed: 5% downwards (first only 'total voting rights', then 'total voting rights and equivalent financial instruments)

  (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): 415 897 567

•  Notified details: see annex. As a consequence, on 11 October 2018, the number of KBC-shares with voting rights and equivalent financial instruments owned by BlackRock amounted to 4.88% and 0.04%, respectively, of the total number of KBC-shares.

•  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:[e-mail]

Viviane Huybrecht, General Manager, Corporate Communication/Spokesperson, KBC Group E-mail:[e-mail]

* This press release contains information provided in compliance with European transparency legislation for listed companies. KBC Group NV is listed at NYSE Brussels.
KBC Gr	oup NV
Havenlaan 2	- 1080 Brussels	Press Office		KBC press releases are available atwww.kbc.com
Viviane Huy	brecht	Tel. + 32 2 429 65 01		or can be obtained by sending an e-mail to
General Ma	nager, Corporate	Tel. + 32 2 429 29 15		[e-mail]
Communica	tion/	Fax + 32 2 429 81 60
Spokespers	on	E-mail:[e-mail]		Check this document's authenticity atwww.kbc.com/en/authenticity . Follow us onwww.twitter.com/kbc_group
Tel. + 32 2 429 85 45

Annex

Notification dd. 11 October 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

20.837.508

1.841.218

1.661.778

3.680.252 3.413.574

8.332.339

285.387 132.347

602.155 646.270

38.966 11.210

61.432

59.019 69.241

2.265

55

0

B) Equivalent financial instruments

After the transactionHolders of equivalent financial instrumentsType of financial instrument

# of voting rights

BlackRock Advisors (UK) Limited

BlackRock Asset Management Canada 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 Association BlackRock Investment Management (UK) Limited

Contract For DifferenceContract For Difference

BlackRock Investment Management, LLC

Contract For Difference

BlackRock Investment Management, LLC

Depositary Receipts

TOTALExpiration date

Exercise period or da te

that may be
acquired if the	% of voting rights	Settlement
instrument is
exercised
1.443	0,00%	physical
616	0,00%	physical
1.350	0,00%	cash
44.481	0,01%	cash
4.042	0,00%	cash
40.974	0,01%	cash
211	0,00%	cash
36.555	0,01%	cash
26	0,00%
129.698	0,03%

Notification dd. 12 October 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

20.785.476

1.964.312

1.661.778

3.676.192 3.413.574

8.462.020

285.387 138.733

591.108 355.656

38.966 11.210

56.014

59.019 69.241

2.265

0

1

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

BlackRock Advisors (UK) Limited

BlackRock Asset Management Canada 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 Association BlackRock Investment Management (UK) Limited

Contract For DifferenceContract For Difference

BlackRock Investment Management, LLC

Contract For Difference

BlackRock Investment Management, LLC

Depositary Receipts

TOTALExpiration dateExercise period or date