Update - Discussions with Fondul Proprietatea (FP)

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: 01.04.2015

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:

The evolution of the preliminary discussions with Fondul Proprietatea (FP) regarding the potential acquisitions of the participations held by FP in the distribution and supply subsidiaries

Societatea de Distribuţie şi Furnizare a Energiei Electrice - "ELECTRICA" S.A (Electrica) hereby informs shareholders and investors that Electrica and FP have decided to cease the negotiations in relation to the potential acquisition by Electrica of the minority participations held by FP in the following subsidiaries: S.C. FDEE Electrica Distribuţie Muntenia Nord S.A., S.C. FDEE Electrica Distribuţie Transilvania Sud S.A., S.C. FDEE Electrica Distribuţie Transilvania Nord S.A., and Electrica Furnizare S.A., since no consensus was reached regarding the transaction's price.

General Manager

Ioan Roşca