Fondul Proprietatea Regulatory News (FP.)

To:

FINANCIAL SUPERVISORY AUTHORITY

BUCHAREST STOCK EXCHANGE

LONDON STOCK EXCHANGE

Re:

Notification regarding the transactions performed within the buy-back programme

From:

FONDUL PROPRIETATEA S.A.

a) Issuer's name (buyer)

FONDUL PROPRIETATEA S.A.

Bucharest Stock Exchange Symbol: FP

London Stock Exchange Symbol: FP.

b) Broker's name

WOOD & COMPANY FINANCIAL SERVICES A.S. (as buy-back agent in relation to the purchase of shares), and

GOLDMAN SACHS INTERNATIONAL (as buy-back agent in relation to the purchase of GDRs)

c) Description of the acquired financial instruments

Ordinary shares issued by the Fund (ISIN ROFPTAACNOR5) listed on the Bucharest Stock Exchange ("BVB"), and

Global Depositary Receipts ("GDRs") corresponding to the Fund's shares listed on the London Stock Exchange ("LSE")

d) Transaction's type

Buy-back

e) Details with respect to the execution of the buy-back market orders

Within the trading session

f) Total number of shares and equivalent shares of GDRs bought-back in the reporting period, out of which:

6,545,052

- current number of shares bought back

6,395,052

- equivalent shares of current number of GDRs bought back

150,000 (representing 3,000 GDRs)

g) Total value of the transactions performed in the reporting period (RON), out of which:

4,977,869.97

- value of the shares acquisition (RON)

4,864,901.67

- estimated value of the equivalent shares of GDRs based on the exchange rate communicated by the National Bank of Romania (RON)

112,968.30

h) Total number of shares and equivalent shares of GDRs repurchased since the start of the sixth buy-back program

225,815,087

- number of shares bought back

179,031,187

- equivalent shares of current number of GDRs bought back

- equivalent shares of current number of GDRs converted in shares from the start of sixth buy-back programme

46,783,900 (representing 935,678 GDRs)

40,123,700 (representing 802,474 GDRs)

- % of subscribed share capital as at 31 March 2016

2.05

- % of paid-up share capital as at 31 March 2016

2.12

- % of total voting rights as at 31 March 2016

2.17

i) Total value of the shares repurchased since the start of the sixth buy-back program (RON)

179,231,189.29

- value of the shares acquisition (RON)

141,499,647.71

- estimated value of the equivalent shares of GDRs based on the exchange rate communicated by the National Bank of Romania (RON)

37,731,541.58

j) Number of shares left to be repurchased from sixth buy-back programme

665,954,968

k) Number of shares left to be repurchased from seventh buy-back programme

204,815,025

Date of the transaction

Market on which the securities were traded

Average price per security

(currency)

Volume of the transaction

(no. of securities)

Value of the transaction (currency)

18 April 2016

BVB

0.7619 RON

359,960 shares

274,253.52 RON

19 April 2016

BVB

0.7595 RON

1,071,820 shares

814,047.29 RON

20 April 2016

BVB

0.7633 RON

1,885,673 shares

1,439,334.20 RON

21 April 2016

BVB

0.7605 RON

1,917,819 shares

1,458,501.35 RON

22 April 2016

BVB

0.7577 RON

1,159,780 shares

878,765.31 RON

LSE

9.500 USD

3,000 GDRs (equivalent 150,000 shares)

28,500.00 USD