KBC Group New segment reporting, pro forma figures 2005

2 Changes in reporting: background information KBC has restated its 2005 quarterly figures to comply with: The retro-active application of ‘portfolio hedge accounting’ (carve-out’) in Q Its new segment reporting approach The retro-active application of the principles of ‘portfolio hedging’ includes that: the financial impact of it (previously booked as a lump-sum amount in Q4 2005) is allocated to the relevant 2005 quarters (this has a negative impact of 40 m on the Q2 results, fully offset by the positive impact on the Q3 results (7 m) and the Q4 results (33 m) The segment reporting changes are explained on the following slide 1 Restatement of the P&L lines ‘Net gains from financial instruments at fair value’ and ‘taxes’ REMINDER

3 1 An exception has to be made for KBC Bank NV and KBC Insurance NV Belgium’s activities Changes in segment reporting: background information New business unit structure as major segment reporting criterion (i.e. Retail Belgium, CEE, European private banking, Merchant Banking, Group Centre) Disclosure of area of activity results in a full P&L format (which was not the case before) Full allocation of results of each subsidiary to a single segment 1 No further imputation of impact of capital ‘normalisation’ adjustments on segment bottom-line. In return, funding costs of goodwill related to equity participations will be allocated to the relevant segments Further restatements of historical time series Limitation of number of ‘Group Center’ items to: results of holding company non-allocated expenses of other entities that can be deemed holding-company overheads (e.g., strategic consultancy fees, BoD expenses, ‘group-level’ operating provisions, etc.) results of co-sourcing vehicles (such as e.g. Fin-Force - as a rule, expenditure is covered by service users, so, barring timing differences, impact on bottom line tends to be immaterial results of equity holdings within investment portfolio of banking business REMINDER

4 New organisational structure Europ. Private Banking Belgium Retail & Private Banc- assurance Merchant Banking CEE Slovenia Banc- assurance No majority control Czech Rep. Banc- assurance Slovakia Banc- assurance Poland Banc- assurance Hungary Banc- assurance KBC Group REMINDER Group Centre functions & Shared Services 4 5 The new business unit structure will be used as major segment reporting criterion

5 FY05 earnings, Group total Bank & Insurance, in millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at Fair Value Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests Net profit – share Group Risk-weighted assets, banking Total equity Return on equity Cost/income, banking Combined ratio, non-life insurance % 51% 92% % 57% 94% % 58% 95% % 60% 96%

6 FY05 earnings, by segment In millions of EUR Retail, Belgium CEE Merchant banking European Private Banking Group Center Total Net interest income Gross earned premium Dividend income Net gains from FI at FV Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests Net profit – share Group Share in group results Return on allocated capital Return on equity 45% 28% 18% 31% 35% 24% 9% 28% -6% - 100% 18%

7 Retail and Private bancassurance, Belgium Bank & Insurance, in millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at Fair Value Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests -20 Net profit – share Group Risk-weighted assets, banking Allocated capital Return on allocated capital Cost/income, banking Combined ratio, non-life insurance % 55% 89% % 77% 98% % 65% 93% % 55% 95% % 61% 94% % 63% 98% % 61% 95%

8 Central & Eastern Europe Bank & Insurance, in millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at Fair Value Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests Net profit – share Group Risk-weighted assets, banking Allocated capital Return on allocated capital Cost/income ratio, banking Combined ratio, non-life insurance % 50% 98% % 69% 93% % 59% 96% % 69% 104% % 62% 98% % 76% 100% % 65% 99%

9 CEE – Czech & Slovak Republics Bank & Insurance, in millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at FV Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests, local Net profit, local Risk-weighted assets, banking Allocated capital Return on allocated capital Cost/income, banking Combined ratio, non-life insurance % 36% 98% % 69% 99% % 48% 98% % 49% 98% % 49% 98% % 67% 117% % 53% 103%

10 CEE – Poland Bank & Insurance, in millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at FV Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests, local Net profit, local Risk-weighted assets, banking Allocated capital Return on allocated capital Cost/income ratio, banking Combined ratio, non-life insurance % 72% 101% % 82% 93% % 77% 97% % 72% 104% % 76% 99% % 83% 95% % 78% 98%

11 CEE – Hungary Bank & Insurance, in millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at FV Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests, local Net profit, local Risk-weighted assets, banking Allocated capital Return on allocated capital Cost/income ratio, banking Combined ratio, non-life insurance % 65% 83% % 73% 88% % 69% 86% % 77% 113% % 71% 95% % 64% 102% % 69% 97%

12 CEE – Other 1 Bank & Insurance, in millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at FV Net realized gains from AFS Net fee and commission income Other income (1) (2) (3) (3) (3) (3) (3) Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes (4) (5) (2) (6) Profit after tax Minority interests (7) Net profit Mainly: (1) The funding costs of the goodwill of the equity participations in CEE (2) NLB Vita, Slovenia (proportional consolidation) (3) Consolidation adjustments (4) Allocated group operating expenses (5) Impairments on goodwill of the equity participations in CEE (6) Contribution from NLB Bank, Slovenia (associated company) (7) Minorities on KBC level

13 Merchant Banking In millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at FV Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests Net profit – share Group Risk-weighted assets, banking Allocated capital Return on allocated capital Cost/income ratio, banking Combined ratio, non-life insurance % 46% 90% % 47% 92% % 46% 90% % 48% 88% % 47% 90% % 55% 100% % 49% 92%

14 European Private Banking In millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at FV Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests Net profit – share Group Risk-weighted assets, banking Allocated capital Return on allocated capital Cost/income ratio % 63% % 71% % 67% % 86% % 72% % 71% % 72%

15 Group Center 1 In millions of EUR 1Q052Q056M053Q059M054Q0512M05 Net interest income Gross earned premium Dividend income Net gains from FI at FV Net realized gains from AFS Net fee and commission income Other income Gross income Operating expenses Impairments Gross technical charges Ceded reinsurance result Share in result associated companies Taxes Profit after tax Minority interests Net profit – share Group including intrasegment eliminations Includes: Results of Holding company (-109 m for FY05) and Gevaert (-32m) Non-allocated operating expenses of KBC Bank and KBC Insurance that can be deemed holding company overheads (-26 m) Results of co-sourcing vehicles (-1 m) Results of equity holdings within the investment portfolio of banking business (+25m)

16 Return on allocated capital per segment - methodology ROAC = Net adjusted profit / average allocated capital Example: CEE, FY 2005 Net profit, group share409 m + minority interests+92 m = Net profit after tax501 m - Yield on excess capital (after tax)- 61 m = Net adjusted profit440 m (1) Allocated capital = 8% Tier 1 x RWA, banking+ 200% x capital required, insurance Allocated capital, m Allocated capital, m Average capital, m (2) ROAC = (1) / (2) = 31%

17 Contact information Investor Relations Office Luc Cool, Head of IR Luc Albrecht, Financial Communications Officer Tamara Bollaerts, IR Coordinator Christel Decorte, IR Assistant Marina Kanamori, CSR Communications Officer Nele Kindt, IR Analyst Surf to for the latest update