Weekly Buyback Notification 23 -27 April 2018

To:

FINANCIAL SUPERVISORY AUTHORITY

BUCHAREST STOCK EXCHANGE

LONDON STOCK EXCHANGE

Re:

Notification regarding the transactions performed within the ninth 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

JEFFERIES INTERNATIONAL LIMITED (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") (ISIN US34460G1067) 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:

4,490,044

- current number of shares bought back

4,490,044

- equivalent shares of current number of GDRs bought back

0 (representing 0 GDRs)

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

4,321,623.56

- value of the shares acquisition (RON)

4,321,623.56

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

0

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

1,343,209,231

- number of shares bought back

760,142,081

- equivalent shares of current number of GDRs bought back

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

583,067,150 (representing 11,661,343 GDRs)

583,067,150 (representing 11,661,343 GDRs)

- % of subscribed share capital as at 29 March 2018

14.39% (and 16.88% computed to the total outstanding treasury shares and equivalent)

- % of paid-up share capital as at 29 March 2018

14.97% (and 17.57% computed to the total outstanding treasury shares and equivalent)

- % of total voting rights as at 29 March 2018

18.11% (and 21.25% computed to the total outstanding treasury shares and equivalent)

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

1,253,766,277.78

- value of the shares acquisition (RON)

709,523,155.25

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

544,243,122.53

j) Number of shares left to be repurchased within the ninth buy-back programme as of the date of this notification

291,008,213

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)

23 April 2018

BVB

RON 0.9600

1,022,249 shares

RON 981,359.04

24 April 2018

BVB

RON 0.9641

598,879 shares

RON 577,379.24

25 April 2018

BVB

RON 0.9665

1,151,182 shares

RON 1,112,617.40

26 April 2018

BVB

RON 0.9631

1,201,058 shares

RON 1,156,738.96

27 April 2018

BVB

RON 0.9552

516,676 shares

RON 493,528.92