Announcement regarding the litigations with ANRE

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 and CNVM Regulation no. 1/2006

Report date: 30 January 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:

Announcement regarding the litigations with ANRE

On January 27th, 2017, at the HQ of Electrica SA, the Board of Directors took note of the cases disputed by Electrica SA in contradiction with ANRE and approved the following:

- withdrawal of legal actions in cases on the suspension of applicability of ANRE orders by which the distribution tariffs were determined for 2015 and 2016;

- formulating motions of judgement suspension in cases on the annulment of ANRE orders by which the distribution tariffs were determined for 2015 and 2016, until the settlement of the case on the annulment of ANRE Order no. 146/2014, by which the regulatory rate (RRR) was changed.

CEO,

Dan Catalin Stancu