Closure of the insolvency proceedings of SEMU

To: Bucharest Stock Exchange (BVB)

Romanian Financial Supervisory Authority (ASF)

London Stock Exchange (LSE)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, ASF Regulation no. 5/2018, and the Bucharest Stock Exchange Code

Report date: 4 April 2019

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) and London Stock Exchange (LSE)

Significant events to be reported:

Closure of the insolvency proceedings of Servicii Energetice Muntenia SA (SEMU)

Electrica informs investors that, considering the positive effects of the measures established by the Reorganization Plan confirmed on 25 November 2015, the Bucharest Court - Division VII Civil, on 3 April 2019, established the closure of the insolvency proceedings and decided that all the necessary measures to be taken for the reinsertion of the company in the business activity, according to court clerk certificate issued on 4 April 2019 by the Bucharest Court.

We remind our investors that, on 26 November 2014, Servicii Energetice Muntenia entered into insolvency with reorganization proceedings in accordance with Law no. 85/2014, ordered by the Bucharest Court.

Chief Corporate Governance and M&A Officer

Alexandra Borislavschi