Ontex: Transparency Declaration Notification

Regulatory News:

Ontex Group NV ("Ontex”) discloses the notifications of significant shareholdings that it has received according to the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies.

On 13 March 2015, The Goldman Sachs Group, Inc. and TPG Group Holdings (SBS) Advisors, Inc., and their affiliated entity Whitehaven B S.à r.l., and former/current members of the executive management team of Ontex notified Ontex that it had, as a result of sales of shares, crossed below the threshold of 3% of the total number of voting rights in Ontex.

On 16 March 2015, Aviva plc, and its affiliated entities, notified Ontex that it had acquired 3,433,938 shares in Ontex and so had crossed the threshold of 5% of the total number of voting rights in Ontex to 5.05%.

According to its obligation Ontex publishes the content of the notifications that it has received.

Date of Notifications: 13 March 2015 and 16 March 2015

Dates Threshold Crossed: 10 March 2015 and 12 March 2015

Thresholds Crossed: 3.00% and 5.00%

Notifications by:

Denominator on the date of notifications: 68,055,555 shares

Voting rights and assimilated financial instruments:

Notification of 16 March 2015:

Chain of controlled entities through which the shareholding is effectively owned:

The TPG entities and Goldman Sachs entities referred to in the chart below are funds advised by affiliates of TPG Group Holdings (SBS) Advisors, Inc. and The Goldman Sachs Group, Inc., respectively. Please click here to see the chart: http://www.ontexglobal.com/transparency-declaration-notification-9

Please click here to see the diagram presenting the chain of controlled entities for Aviva plc: http://www.ontexglobal.com/transparency-declaration-notification-9

Other remarks:

As a result of the transfer of Ontex shares which has given rise to the present transparency notification

(1) The number of shares of Ontex held by Whitehaven B has fallen below the lowest threshold and;

(2) The arrangements entered into between the former members of current members of the executive management team of Ontex and Whitehaven B (aimed at preserving, to the extent provided and on the terms and conditions set out therein, the economic entitlements of the original equity interests and options that the individuals had in the group pre-IPO) which qualified as "agreement to hold, acquire or dispose of securities” under article 3, §1, 13°, c) of the Belgian law of 2 May 2007 on the disclosure of major shareholdings, have fully and finally terminated.

Please note that Aviva Investors Global Services Ltd, and Aviva Investors France SA, are investment management companies that hold and exercise the voting rights at their discretion in the absence of specific instructions.

Notifications of significant shareholdings to be made according to the Law of 2 May 2007 should be sent to: investorrelations@ontexglobal.com

This notification will be posted on: http://www.ontexglobal.com/press-room

About Ontex

Ontex is a leading manufacturer of branded and retailer brand hygienic disposable products across Europe, the Middle East and Africa. The Company primarily sells its products to retailers, helping them to establish or enhance their own brands. While historically Western Europe has been the Company’s largest geographic market in terms of sales (68% of sales in 2013), the Company also has a growing presence in emerging markets where it offers both retailer brands and its own brands, with the mix varying by product category and geography. The Company believes that it operates a strong and diversified business across multiple geographies and serves a blue chip customer base with high quality products in core, resilient and non-discretionary categories.