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Updated transparency announcement

Disclosure pursuant to the provisions of the Act of 2 May 2007

In accordance with the Act of 2 May 2007 regarding the disclosure of significant holdings and the Royal Decree of 14 November 2007, Zenitel NV publishes the following new transparency announcement received from 3D NV and De Wilg GCV.

According to the Articles of Zenitel NV (NYSE Euronext: ZENT), each shareholder holding shares of Zenitel NV with voting rights, must disclose this information as soon as its voting rights linked to the shares reach the threshold of 5% or a multiple of 5%.

3D NV, Rijvisschestraat 118 in 9052 Zwijnaarde and De Wilg GCV, Frillinglei 113 in 2930 Brasschaat, together, have notified the FSMA and Zenitel NV on 24th June 2014 that combined they have passed the statutory threshold of 55%. In a previous transparency announcement of November 7th 2013, 3DNV and De Wilg GCV combined, were holding a participation of 45.25%.

3D NV and De Wilg GCV, acting in concert, have informed Zenitel NV that they are currently holding a participation in Zenitel NV of 19,088,471 shares or 57.65%.