Interim statement on the first months of the financial year 2009/2010

Notes on the first months of the current financial year 2009/2010

Leuven, Tuesday, 3 November 2009 (17.40 CET) - The first months of the financial year 2009/2010 of KBC Ancora were characterised by the expected operating costs and interest charges. No income was generated. The participating interest in KBC Group remained unchanged and comprises 82,216,380 shares, or 22.98% of the total number of KBC Group shares in issue. KBC Ancora’s net debt position increased in the first three months of the current financial year by EUR 0.10 to EUR 7.73 per share as at 30 September 2009.

As a result, the net asset value of one KBC Ancora share is equivalent to 1.05 times the price of the KBC Group share less the net debt per share. Based on the closing prices on 30 October 2009, the net asset value of the KBC Ancora share was EUR 23.06 and the discount to the net asset value was 28.1%.

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