Ageas Hybrid Financing : Regulated information - Ageas Hybrid Financing notifies holders of intention to call the NITSH II

   Ageas Hybrid Financing : Regulated information - Ageas Hybrid Financing
 notifies holders of intention to call the NITSH II Securities on 3 June 2013

Ageas Hybrid Financing ("AHF") issued EUR 625 million 8% Perpetual  Securities 
(XS0362491291) (the "NITSH II Securities")  in 2008, supported and  guaranteed 
on a  subordinated  basis by  ageasSA/NV  (formerly Fortis  N.V.  and  Fortis 
SA/NV). The NITSH II  Securities have a  first call date  falling on Sunday  2 
June 2013.

The proceeds  of  the  issue  of  the NITSH  II  Securities  were  on-lent  to 
AGInsuranceSA/NV,  in  an  amount   of  EUR250million,  and  BNP   Paribas 
FortisSA/NV (formerly Fortis  BankSA/NV), in an  amount of EUR375  million. 
Both AG InsuranceSA/NV and  BNP Paribas FortisSA/NV  have notified AHF  that 
they intend to repay the on-loans in full as at their first call date.

AHF has therefore decided  to call the NITSHII  Securities in whole at  their 
first call date. Notice thereof will also be given to holders of the  NITSHII 
Securities in accordance with their terms and payment of the redemption  price 
will be made on Monday 3June2013. AHF has obtained the prior approval of the
National Bank  of  Belgium  for  this  optional  redemption  of  the  NITSHII 

AHF continues to have  a US$750 million subordinated  exposure to BNP  Paribas 
FortisSA/NV as  a  result of  the  on-lending  of the  US$750  million  8.25% 
Perpetual Securities (XS0346793713)  (the "NITSHI  Securities"). The  NITSHI 
Securities have  a first  call date  of 27August2013.  AHF will  inform  the 
market on or before 15July2013 with  regard to potential evolutions in  this 
exposure, and, in accordance with the terms of the NITSHI Securities,  inform 
the holders of these securities of its call intentions.

AHF also continues  to have a  EUR 336.4 million  subordinated exposure to  AG 
InsuranceSA/NV as a result of the on-lending of the proceeds of the remaining
Hybrone securities  after  settlement of  the  tender offer  for  the  Hybrone 
securities (see press  releases of  6, 14  and 21March  2013). The  remaining 
Hybrone securities have a first call date on 20June2016.

Ageas Hybrid  Financing S.A.  is  a fully  owned  Ageas company  with  limited 
liability under Luxembourg law registered  in Luxembourg with the Register  of 
Commerce and Companies under number R.C.S. Luxembourg B116.671. The object  of 
AHF is  the  issuing  of  securities  ranking  pari  passu  among  themselves, 
qualifying as solvency  for ageasSA/NV  and the  group of  companies it  owns 
and/or controls (the  "Ageas Group")  and to on-lend  proceeds in  instruments 
issued or loans  entered into by  any of the  Ageas Group operating  companies 
that qualify as solvency for such Group entity, with the exclusion of ordinary

Ageas Hybrid Financing S.A.
65 Boulevard Grande-Duchesse Charlotte
L-1331 Luxembourg

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Source: Ageas Hybrid Financing via Thomson Reuters ONE
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