Dividend Declaration

To: Bucharest Stock Exchange

Romanian Financial Supervisory Authority

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: 27.03.2015

Company name: Societatea de Distribuţie şi Furnizare a Energiei Electrice - "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:

Proposal to distribute gross dividend of RON 0.7217 per share for the year ended December 31, 2014

Societatea de Distribuţie şi Furnizare a Energiei Electrice - "ELECTRICA" S.A (Electrica) hereby informs that following the meeting of 26 March 2015, its board of directors endorsed and submitted for approval to the ordinary general meeting of shareholders to be held on 27 April 2015 (on the first calling) / 28 April 2015 (on the second calling), the proposal to distribute gross dividend of RON 0.7217 per share for the year ended December 31, 2014.

According to provisions of Article 111, paragraph 2, letter a) of the Company Law No. 31/1990, republished, as subsequently amended, it falls within the ordinary general meeting of shareholders' competence to set the dividend.

General Manager

Ioan Roşca