26 Sep 2016 16:44
To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange
Current report according to Article 99 of the Code of the Bucharest Stock Exchange Market Operator, Title II, Issuers and Financial Instruments Important events to be reported: Proposal for a special cash distribution to shareholders of RON 0.05/share Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch (the "Investment Manager"), in its capacity as Investment Manager of Fondul Proprietatea (the "Fund") would like to underline that the cash distribution to shareholders of RON 0.05/share proposed for approval in the shareholder meeting on 31 October 2016 is a special distribution in addition to the annual cash distribution. The proposal for the special distribution is part of the Investment Manager's commitment to continue to reduce the discount to NAV, and is in accordance with the Fund's Cash Distribution Policy. The details of the proposal can be found under Item 1 of the Fund's Extraordinary General Shareholders Meeting agenda on 31 October 2016. If approved by shareholders, the special distribution will be paid to shareholders starting with 27 March 2017. The Investment Manager intends to recommend to shareholders an annual cash distribution of at least RON 0.05/share to be approved in early 2017 and paid in June 2017, subject to available funding and necessary approvals, in the absence of exceptional market conditions or circumstances, and subject to any restrictions under Romanian legal or tax regulations.
Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch acting as Investment Manager of FONDUL PROPRIETATEA S.A.
Oana Valentina TRUŢA Legal Representative | Report date:26 September 2016 Name of the issuing entity: Fondul Proprietatea S.A. Registered office: 78-80 Buzesti St.,7th floor, district 1, Bucharest, postal code 011017 Phone/fax number: Tel.: + 40 21 200 9600 Fax: + 40 21 200 9631 Sole Registration Code with the Trade Register Office:18253260 Order number in theTrade Register:J40/21901/2005 Subscribed share capital: RON 9,320,973,180.85 Paid-up share capital:RON 9,011,732,683.35
Number of shares in issue: 10,965,850,801
Number of paid shares: 10,602,038,451
Regulated market on which the issued securities are traded:Shares on Bucharest Stock Exchange GDRs on London Stock Exchange
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