Electrica Regs Regulatory News (ELSA)

To: Romanian Financial Supervisory Authority (ASF)

Bucharest Stock Exchange (BVB)

London Stock Exchange (LSE)

Current report in compliance with the Romanian Capital Market Law no. 297/2004, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code

Report date: 24 March 2017

Company name: Societatea Energetica Electrica S.A.

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone/fax no: 004-021-2085999/ 004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,459,399,290

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)

Significant events to be reported:

Correction of clerical errors in the content of the Convening Notice of the Ordinary General Meeting and of the Extraordinary General Meeting of Shareholders of Societatea Energetica ELECTRICA S.A. dated 9 March 2017

In compliance with the Companies Law no. 31/1990, Capital Markets Law no. 297/2004 and CNVM Regulation no. 1/2006 on issuers and operations with securities, Societatea Energetica Electrica S.A. convened the Ordinary General Meeting of Shareholders (OGMS) on 27 April 2017, 10.00 o'clock (Romanian time) and the Extraordinary General Meeting of Shareholders (EGMS) on 27 April 2017, 12.00 o'clock (Romanian time).

In this regard, the Company transmitted the current report named "Convening of Ordinary and Extraordinary GMS on April 27(28) 2017" on 10 March 2017.

The following clerical errors identified in the English version of the convening notice of the OGMS and EGMS are corrected:

- page 2, Item 2 of the OGMS agenda erroneously refers to art. 19 (1) lit. l from the Articles of Association of Electrica SA instead of art. 19 (1) lit. t.

This item will be read "The empowerment of Electrica Board of Directors to approve changes in the structure of the income and expenses budget of Electrica for financial year 2017, at individual levels, according to art. 19 (1) lit. t from the Articles of Association of Electrica SA up to a total variation of 10% in the line of total of income and total of expenses compared to the amounts set out in the income and expenses budget mentioned within the above item 1 from the Agenda"

instead of "The empowerment of Electrica Board of Directors to approve changes in the structure of the income and expenses budget of Electrica for financial year 2017, at individual levels, according to art. 19 (1) lit. l from the Articles of Association of Electrica SA up to a total variation of 10% in the line of total of income and total of expenses compared to the amounts set out in the income and expenses budget mentioned within the above item 1 from the Agenda".

- page 2, Item 4 of the OGMS agenda erroneously refers to art. 19 (1) lit. l from the Articles of Association of Electrica SA instead of art. 19 (1) lit. t.

This item will be read "The empowerment of Electrica Board of Directors to approve changes in the structure of the income and expenses budget of Electrica for financial year 2017, at consolidated level, according to art. 19 (1) lit. t from the Articles of Association of Electrica SA up to a total variation of 10% in the line of total of income and total of expenses compared to the amounts set out in the income and expenses budget mentioned within the above item 3 from the Agenda"

instead of "The empowerment of Electrica Board of Directors to approve changes in the structure of the income and expenses budget of Electrica for financial year 2017, at consolidated level, according to art. 19 (1) lit. l from the Articles of Association of Electrica SA up to a total variation of 10% in the line of total of income and total of expenses compared to the amounts set out in the income and expenses budget mentioned within the above item 3 from the Agenda".

The correct English version of the Convening notice of GMS on 27 April 2017 will be published on company's website at the following address: https://www.electrica.ro/en/investors/general-meetings-of-shareholders/2017-gms/general-meeting-of-shareholders-as-of-april-27th-2017/

CEO,

Dan Catalin Stancu