January 14, 2013 - after 17:45

Share buyback

Disclosure of transaction on GBL shares from 7 till 11 January 2013 (included)

Implementation of the authorization of the General Shareholders' Meeting of April 12, 2011

GBL, directly and through its subsidiaries, acquired during the period from January 7, 2013 to January 11, 2013 included:

- Liquidity agreement : 13,608 GBL shares

Liquidity agreement

Trade date

Number of shares

Average price (EUR)

Lowest price (EUR)

Highest price (EUR)

Amount (EUR)

Negotiation method / market

09/01/2013

11,308

61.03

60.73

61.58

690,139

Stock Exchange
Euronext

10/01/2013

2,300

60.98

60.65

61.17

140,253

Stock Exchange
Euronext

Total

13,608

61.02

830,392

- Share buyback program: 822 GBL shares

Share buyback program

Trade date

Number of shares

Average price (EUR)

Lowest price (EUR)

Highest price (EUR)

Amount (EUR)

Negotiation method / market

11/01/2013

822

60.50

60.50

60.99

49,730

Stock Exchange
Euronext, Chi-X, Turquoise, BATS

Total

822

60.50

49,730

The summary of the acquisitions in the share buyback program as from July 1st, 2009 is available under section "Legal Aspects / Share Capital" of the websitehttp://www.gbl.be.

At January 11, 2013, GBL holds directly and through its subsidiaries 6,143,586 GBL shares representing 3.8% of the issued capital, of which 8,250 shares under the liquidity agreement.

distributed by