Fondul Proprietatea S A : Exchange rate of the GDRs repurchased in the TO

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Fondul Proprietatea S.A. - FP. Exchange rate of the GDRs repurchased in the TO Released 15:32 16-Mar-2020

RNS Number : 3303G

Fondul Proprietatea S.A.

16 March 2020

To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange Current report according to Article 99 (s) of the Code of the Bucharest Stock Exchange Market Operator, Title II, Issuers and Financial Instruments Important events to be reported: Exchange rate applicable to the acquisition price for the GDRs repurchased in the public tender offer Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity as Investment Manager of Fondul Proprietatea SAwould like to inform shareholders that the exchange rate applicable to the acquisition price for the global depository receipts ('GDRs') repurchased in the public tender offer in accordance with the tender documentation was set at RON 4.3302 per 1 USD. As such, the USD equivalent of the purchase price of RON 69.50 per GDR, to be paid by the Fund for the GDRs, is USD 16.0500 per GDR. Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch acting as Investment Manager of FONDUL PROPRIETATEA S.A. Johan MEYER Legal Representative

Report date: 16 March 2020 Name of the issuing entity: Fondul Proprietatea S.A. Registered office: 78-80 Buzesti Street 7th floor, district 1, Bucharest, 011017 Phone/fax number: Tel.: + 40 21 200 9600 Fax: + 40 21 200 9631 Email: [e-mail] Internet: www.fondulproprietatea.ro Sole Registration Code with the Trade Register Office: 18253260 Order number in the Trade Register: J40/21901/2005 Subscribed share capital: RON 3,959,264,762.44 Paid-up share capital: RON 3,770,082,340.44 Number of shares in issue: 7,613,970,697 Number of paid shares: 7,250,158,347 Regulated market on which the issued securities are traded: Shares on Bucharest Stock Exchange GDRs on London Stock Exchange

http://www.rns-pdf.londonstockexchange.com/rns/3303G_1-2020-3-16.pdf

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Exchange rate of the GDRs repurchased in the TO - RNS