You want the following option:
--group-separator=SEP
Use SEP as a group separator. By default SEP is double hyphen (--).
Demo:
$ cat file
before
exception 1
after
foo
bar
before
exception 2
after
$ grep -A 1 -B 1 --group-separator======================== exception file
before
exception 1
after
=======================
before
exception 2
after