Fondul Proprietatea S A : Notification regarding the transactions performed during the buy-back program

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To:	FINANCIAL SUPERVISORY AUTHORITY
	BUCHAREST STOCK EXCHANGE
	LONDON STOCK EXCHANGE
Re:	Notification regarding the buy-back transactions
From:	FONDUL PROPRIETATEA S.A.

Considering article 2 of Commission Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures, Article 5(3) of Regulation (EU) No 596/2014 on market abuse (market abuse regulation) and Article 26 (3) of Regulation (EU) No 600/2014 on markets in financial instruments, FONDUL PROPRIETATEA S.A. ("FP" / the "Fund"), represented by Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager, hereby informs you in its capacity as Issuer on the following information regarding the transactions concluded during 4 January - 8 January 2021:

a) Issuer's name (buyer)	FONDUL PROPRIETATEA S.A.
	Bucharest Stock Exchange Symbol: FP
	London Stock Exchange Symbol: FP.
b) Brokers' names	•	SWISS CAPITAL S.A., and
	•	AUERBACH GRAYSON
c) Description of the acquired financial instruments and	Ordinary shares issued by the Fund (ISIN
trading place	ROFPTAACNOR5) listed and traded on the
	Bucharest Stock Exchange ("BVB"), and
	Global Depositary Receipts ("GDRs") (ISIN
	US34460G1067) corresponding to the Fund's
	shares listed and traded on the London Stock
	Exchange ("LSE")
d) Transaction's type	Buy-back
e) Details with respect to the execution of the buy-back	Within the trading session
market orders

The details of the transactions carried out during the reporting period with respect to the shares and GDRs issued by Fondul Proprietatea SA for the purpose of the buy-back are described further below:

Date of the	Weighted	Weighted	Volume of	Volume of	Value of the	Value of the
transaction	average	average	the	the	transaction	transaction
	price per	price per	transaction	transaction	with shares	with GDRs
	share	GDR	(no. of	(no. of	(RON)	(USD)
	(RON)*	(USD)*	shares)	GDRs)
4 January
2021	1.4491	17.1000	1,668,733	18,996	2,418,160.99	324,831.60
5 January	1.4402	17.6000	1,688,902	18,808	2,432,356.66	331,020.80
2021
6 January	1.4357	17.4872	1,668,829	19,008	2,395,937.80	332,396.70
2021

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FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 78-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017, Romania • Fiscal

Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed share capital RON 3,749,282,292.08 RON, Paid-up share capital RON

3,560,099,870.08 • Tel.: + 40 21 200 9600; Fax: [phone]; Email: [e-mail]; Internet: www.fondulproprietatea.ro

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7 January	1.4447		-	1,674,272	-	2,418,820.76	-
2021
8 January	1.5030		-	1,720,782	-	2,586,335.35	-
2021
Number of shares and GDRs bought-back	8,421,518	56,812	-	-
during the reporting period		shares	GDRs
					(representing
					2,840,600
					shares)
Total value of the transactions performed	-	-	12,251,611.56	988,249.10
in the reporting period				RON total	USD total
						value of the	value of the
						shares	GDRs
						acquisition	acquisition
							3,917,740.96
							RON
							estimated
							value of the
							equivalent
							shares of
							GDRs based
							on the
							exchange rate
							communicated
							by the
							National Bank
							of Romania
Total number of shares and GDRs	8,421,518	56,812	-	-
bought-back and total value of	shares	GDRs
transactions performed during 2021			(representing
					2,840,600
					shares)
Number of shares left to be repurchased		788,737,882 shares
within the twelfth buy-back programme1
as of the date of this notification

* The weighted average price per security was rounded to 4-digits

Franklin Templeton International Services S.À R.L., acting as Alternative Investment Fund Manager of FONDUL PROPRIETATEA S.A.

Johan MEYER - Permanent Representative

1 As per the Fund's Extraordinary General Shareholders Meeting Resolution no. 5 of 13 November 2020, published in the Official Gazette of Romania, Part IV, no. 4233/02.12.2020, the twelfth buyback programme refers to the acquisition by the Fund of a maximum number of 800,000,000 shares and/or equivalent global depository receipts corresponding to the Fund's shares ("GDRs"). The duration of the twelfth buyback programme is 1 January 2021 - 31 December 2021. The shares repurchased during this buyback programme will be cancelled.

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FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 78-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017, Romania • Fiscal

Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed share capital RON 3,749,282,292.08 RON, Paid-up share capital RON

3,560,099,870.08 • Tel.: + 40 21 200 9600; Fax: [phone]; Email: [e-mail]; Internet: www.fondulproprietatea.ro