Euronav : Disclosure regarding a transparency notification

PRESS RELEASE Regulated information

Tuesday 14 November 2017 - 8 a.m. CET

DISCLOSURE REGARDING A TRANSPARENCY NOTIFICATION (article 14, 1stparagraph, of the Law of 2 May 2007 relating to the disclosure of important shareholdings in listed companies)

1. Summary of the notification

   ANTWERP, Belgium, 14 November 2017 - Euronav NV(NYSE: EURN & Euronext: EURN) ("Euronav" or the "Company") received a transparency notification dated 8 November 2017 from Châteauban SA, a holding company part of the CLdN-Cobelfret group whose main activities are in bulk shipments, ro-ro shipments and port companies. Following the acquisition of voting securities or voting rights on 7 November 2017, Châteauban SA now holds 5.15% of the voting rights in the Company and thus crossed the 5% threshold.

   The notification dated 8 November 2017 contains the following information:

   • Reason for the notification:

     Acquisition or disposal of voting securities or voting rights

   • Notification by:

     A person that notifies alone

   • Persons subject to the notification requirement:

     Châteauban SA, 3-7 rue Schiller, L-2519 Luxembourg, Luxembourg

   • Transaction date: 7 November 2017

   • Threshold that is crossed: 5%

   • Denominator: 159,208,949

     PRESS RELEASE Regulated information

     Tuesday 14 November 2017 - 8 a.m. CET

     • Notified details:

       A) Voting rights	Previous notification	After the transaction
       	Number of voting rights	Number of voting rights		% of voting rights
       Holders of voting rights	Linked to securities	Not linked to securities	Linked to securities	Not linked to securities
       Châteauban SA	8,197,498	5.15%
       TOTAL		8,197,498	0	5.15%	0.00%

       B) Equivalent financial instruments	After the transaction
       Holders of equivalent financial instruments	Type of financial instrument	Expiration date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights	Settlement
       TOTAL				0	0.00%

       TOTAL (A & B)	# of voting rights	% of voting rights
       8,197,498	5.15%

     • Chain of controlled undertakings through which the holding is effectively held: Not applicable

2. Miscellaneous

This press release is available on the Company's website in the investor relations section: https://www.euronav.com/en/investors/company-news-reports/press-releases/2017/.

The notification is available on the Company's website in the investor relations section: https://www.euronav.com/en/investors/share-information/transparency/declaration/.

PRESS RELEASE Regulated information

Tuesday 14 November 2017 - 8 a.m. CET

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe", "anticipate", "intends", "estimate", "forecast", "project", "plan", "potential", "may", "should", "expect", "pending" and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker vessel capacity, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the United States Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

PRESS RELEASE Regulated information

Tuesday 14 November 2017 - 8 a.m. CET

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Contact:

Mr. Brian Gallagher - Euronav Investor Relations

Tel: [phone]

Email:[e-mail]

Announcement of fourth quarter results 2017: Thursday, 25 January 2018 About Euronav

Euronav is an independent tanker company engaged in the ocean transportation and storage of crude oil. The Company is headquartered in Antwerp, Belgium, and has offices throughout Europe and Asia. Euronav is listed on Euronext Brussels and on the NYSE under the symbol EURN. Euronav employs its fleet both on the spot and period market. VLCCs on the spot market are traded in the Tankers International pool of which Euronav is one of the major partners. Euronav's owned and operated fleet consists of 56 double hulled vessels being 1 V-Plus vessel, 30 VLCCs, 19 Suezmaxes, four Suezmaxes under construction and two FSO vessels (both owned in 50%-50% joint venture). The Company's vessels mainly fly Belgian, Greek, French and Marshall Island flags.

Regulated information within the meaning of the Royal Decree of 14 November 2007.