OREANDA-NEWS. October 18, 2012. KBC has announced the proposed sale of its treasury shares currently held on its balance sheet and representing 5,1% of its total share count of 358 million shares via an institutional private placement by way of an accelerated bookbuilding limited to institutional investors. The results of the private placement will be announced as soon as possible.

KBC’s strategic plan, as approved by the European Commission in November 2009, included the sale, within an agreed timeframe, of 18.2 million treasury shares held by KBC on its balance sheet

This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction, and the offer of KBC treasury shares does not constitute a public offering in Belgium or in any other jurisdiction.