Dividend approval

Societatea Energetica Electrica S.A.

9, Grigore Alexandrescu str.

010621 District 1, Bucharest, Romania

Phone: 021-208 59 99; Fax: 021-208 59 98

Fiscal Registration Certificate RO 13267221

J40/7425/2000

Share capital: 3.459.399.290 RON

www.electrica.ro

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: 27 April 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:

The profit distribution corresponding to the financial year 2016, as well as distribution of dividends to the shareholders of Electrica, according to the resolution no. 1 of 27 April 2017 of the Ordinary General Meeting of Shareholders (OGMS)

Electrica hereby informs that on 27 April 2017, within the Ordinary General Meeting of Shareholders, Electrica's shareholders approved, according to provisions of Article 111, paragraph 2, letter a) of the Company Law no. 31/1990, republished, as subsequently amended, the profit distribution corresponding to the financial year 2016, as well as distribution of dividends to the shareholders of Electrica, according to the proposal from Company's Board of Directors, made available to the shareholders on 10th of March 2017, as follows:

a. Net profit remaining after the deduction of the income tax on 31 December 2016 in the amount of RON 265,026,109;

b. Distribution of profit in the amount of RON 265.026.109 to the following destinations:

The applicable dividend tax will be deducted prior to payment, within the legal rates, as the case may be.

The payment of the dividends for the financial year 2016 will be made starting with 22 June 2017 (the date of payment) to Electrica's shareholders registered in the Shareholders' Registry kept by Depozitarul Central S.A. on the registration date of 8 June 2017. The date of 7 June 2017 was set as ex-date from which the financial instruments are traded without the rights deriving from the April 27th 2017 OGMS of Electrica.

CEO,

Dan Catalin STANCU