Fondul Proprietatea Regulatory News (FP.)

To:

FINANCIAL SUPERVISORY AUTHORITY

BUCHAREST STOCK EXCHANGE

LONDON STOCK EXCHANGE

Re:

Notification regarding the transactions performed within the ninth 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

JEFFERIES INTERNATIONAL LIMITED (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") (ISIN US34460G1067) 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:

7,328,321

- current number of shares bought back

6,358,321

- equivalent shares of current number of GDRs bought back

970,000 (representing 19,400 GDRs)

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

6,202,505.84

- value of the shares acquisition (RON)

5,372,035.33

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

830,470.51

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

19,159,328

- number of shares bought back

13,955,428

- equivalent shares of current number of GDRs bought back

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

5,203,900 (representing 104,078 GDRs)

0

- % of subscribed share capital as at 30 November 2017

0.2052% (and 2.6983% computed to the total outstanding treasury shares and equivalent)

- % of paid-up share capital as at 30 November 2017

0.2136% (and 2.8077% computed to the total outstanding treasury shares and equivalent)

- % of total voting rights as at 30 November 2017

0.2195% (and 2.8859% computed to the total outstanding treasury shares and equivalent)

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

16,151,069.69

- value of the shares acquisition (RON)

11,742,050.45

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

4,409,019.24

j) Number of shares left to be repurchased within the ninth buy-back programme as of the date of this notification

1,615,058,116

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)

4 December 2017

BVB

RON 0.8435

1,398,640 shares

RON 1,179,752.84

5 December 2017

BVB

RON 0.8460

698,933 shares

RON 591,297.32

6 December 2017

BVB

RON 0.8468

1,259,754 shares

RON 1,066,759.69

LSE

USD 10.9000

10,000 GDRs (500,000 shares equivalent)

USD 109,000.00

7 December 2017

BVB

RON 0.8439

1,796,246 shares

RON 1,515,852.00

8 December 2017

BVB

RON 0.8453

1,204,748 shares

RON 1,018,373.48

LSE

USD 10.9500

9,400 GDRs (470,000 shares equivalent)

USD 102,930.00