OGMS Resolution - Change of the Board

To: Bucharest Stock Exchange

Romanian Supervisory Authority

London Stock Exchange (LSE)

Current report in compliance with Art. 226 (1) of the Romanian Capital Market Law no. 297/2004, Art. 113 letter A of CNVM Regulation no. 1/2006, and Art. 99 of the Bucharest Stock Exchange Code, Title II, Issuers and Financial Instruments

Report date: 14.12.2015

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), London Stock Exchange (LSE)

Significant events to be reported:

Election of the members of the Board of Directors of S DFEE ELECTRICA SA by applying the cumulative voting method.

Electrica hereby informs that on December 14, 2015, the Ordinary General Meeting of Electrica's being dully held in accordance with the legal and statutory provision upon the first calling.

The shareholders of Electrica have decided the nomination of the following members of the Board of Directors by applying the cumulative voting method:

· Dna Arielle Malard de Rotschild;

· Dl. Cristian Bușu;

· Dna. Ioana Alina Drăgan;

· Dna. Corina Georgeta Popescu;

· Dl. Bogdan George Iliescu;

· Dl. Michael Adriaan Maria Boersma;

· Dl. Pedro Mielgo Alvarez.

Director General,

Ioan ROŞCA