Transaction in Own Shares 11-15 April 2016

To:

FINANCIAL SUPERVISORY AUTHORITY

BUCHAREST STOCK EXCHANGE

LONDON STOCK EXCHANGE

Re:

Notification regarding the transactions performed within the buy-back programme

From:

FONDUL PROPRIETATEA S.A.

a) Issuer's name (buyer)

FONDUL PROPRIETATEA S.A.

Bucharest Stock Exchange Symbol: FP

London Stock Exchange Symbol: FP.

b) Broker's name

WOOD & COMPANY FINANCIAL SERVICES A.S. (as buy-back agent in relation to the purchase of shares), and

GOLDMAN SACHS INTERNATIONAL (as buy-back agent in relation to the purchase of GDRs)

c) Description of the acquired financial instruments

Ordinary shares issued by the Fund (ISIN ROFPTAACNOR5) listed on the Bucharest Stock Exchange ("BVB"), and

Global Depositary Receipts ("GDRs") corresponding to the Fund's shares listed on the London Stock Exchange ("LSE")

d Transaction's type

Buy-back

e) Details with respect to the execution of the buy-back market orders

Within the trading session

f) Total number of shares and equivalent shares of GDRs bought-back in the reporting period, out of which:

8,389,517

- current number of shares bought back

8,139,517

- equivalent shares of current number of GDRs bought back

250,000 (representing 5,000 GDRs)

g) Total value of the transactions performed in the reporting period (RON), out of which:

6,386,077.84

- value of the shares acquisition (RON)

6,195,734.74

- estimated value of the equivalent shares of GDRs based on the exchange rate communicated by the National Bank of Romania (RON)

190,343.10

h) Total number of shares and equivalent shares of GDRs repurchased since the start of the sixth buy-back program

219,270,035

- number of shares bought back

172,636,135

- equivalent shares of current number of GDRs bought back

- equivalent shares of current number of GDRs converted in shares from the start of sixth buy-back programme

46,633,900 (representing 932,678 GDRs)

40,123,700 (representing 802,474 GDRs)

- % of subscribed share capital as at 31 March 2016

1.99

- % of paid-up share capital as at 31 March 2016

2.06

- % of total voting rights as at 31 March 2016

2.10

i) Total value of the shares repurchased since the start of the sixth buy-back program (RON)

174,253,319.32

- value of the shares acquisition (RON)

136,634,746.04

- estimated value of the equivalent shares of GDRs based on the exchange rate communicated by the National Bank of Romania (RON)

37,618,573.28

j) Number of shares left to be repurchased from sixth buy-back programme

672,500,020

k) Number of shares left to be repurchased from seventh buy-back programme

204,815,025

Date of the transaction

Market on which the securities were traded

Average price per security

(currency)

Volume of the transaction

(no. of securities)

Value of the transaction (currency)

11 April 2016

BVB

0.7605 RON

1,724,894 shares

1,311,781.89 RON

12 April 2016

BVB

0.7609 RON

1,449,999 shares

1,103,304.24 RON

LSE

9.7000 USD

5,000 GDRs (equivalent to 250,000 shares)

48,500.00 USD

13 April 2016

BVB

0.7621 RON

1,889,942 shares

1,440,324.80 RON

14 April 2016

BVB

0.7613 RON

1,995,684 shares

1,519,314.23 RON

15 April 2016

BVB

0.7609 RON

1,078,998 shares

821,009.58 RON