Disclosure of holdings over 10% of voting rights

To: Bucharest Stock Exchange

Financial Supervisory Authority

London Stock Exchange

The current report according to Art. 72 paragraph (6) of Law no. 24/2017 on issuers of financial instruments and market operations, as well as the provisions of Art. 105 of the Rulebook of the Bucharest Stock Exchange, Title II - Issuers and Financial Instruments

Important events to be reported:

Disclosure of holdings over 10% of the total voting rights held by Fondul de Pensii Facultative NN ACTIV, Fondul de Pensii Facultative NN OPTIM, Fondul de Pensii Administrat Privat NN and NN Investment Partners B.V. in Fondul Proprietatea S.A.

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity as Investment Manager of Fondul Proprietatea SA ("the Fund / Issuer") hereby announces that Fondul de Pensii Facultative NN ACTIV, Fondul de Pensii Facultative NN OPTIM, Fondul de Pensii Administrat Privat NN and NN Investment Partners B.V. have sent an aggregate disclosure of holdings over 10% of the total voting rights in the Fund, as reflected in the Annex.

According to the disclosure, by virtue of acting in concert, Fondul de Pensii Facultative NN ACTIV, Fondul de Pensii Facultative NN OPTIM, Fondul de Pensii Administrat Privat NN and NN Investment Partners B.V. held together, as of 06 March 2020 ("Report date"), a number of 685,469,767 voting rights, representing 10.01% of the total number of voting rights in Fondul Proprietatea.

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch acting as Investment Manager of FONDUL PROPRIETATEA S.A.

Johan MEYER

Legal Representative

http://www.rns-pdf.londonstockexchange.com/rns/4911F_1-2020-3-9.pdf 

Report date:

9 March 2020

Name of the issuing entity:

Fondul Proprietatea S.A.

Registered office:

78-80 Buzesti Street

7th floor, district 1,

Bucharest, 011017

Phone/fax number:

Tel.: + 40 21 200 9600

Fax: + 40 21 200 9631

Email:

[email protected]

Internet:

www.fondulproprietatea.ro

Sole Registration Code with the Trade Register Office:

18253260

Order number in the Trade Register:

J40/21901/2005

Subscribed share capital:

RON 3,959,264,762.44

Paid-up share capital:

RON 3,770,082,340.44

Number of shares in issue:

7,613,970,697

Number of paid shares:

7,250,158,347

Regulated market on which the issued securities are traded:

Shares on Bucharest Stock ExchangeGDRs on London Stock Exchange