Trading disclosure - Q4 2011

4th quarter 2011

Barco warrants/stock options granted/exercized
  Board of Directors:
    15000 stock options were granted.
No warrants/stock options were exercised.
  Executive Committee:
    24000 stock options were granted.
No warrants/stock options were exercised.
  Employees:
    50750 stock options were granted.
No warrants/stock options were exercised.

Barco shares traded
  Board of Directors:
    No shares were bought nor sold.
  Executive Committee:
    1000 shares were bought.
No shares were sold.
  Employees:
    No shares were bought nor sold.
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