Weekly Buyback Notification 28 Aug - 1 Sep 2017

To:

FINANCIAL SUPERVISORY AUTHORITY

BUCHAREST STOCK EXCHANGE

LONDON STOCK EXCHANGE

Re:

Notification regarding the transactions performed within the eighth 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:

3,126,162

- current number of shares bought back

2,126,162

- equivalent shares of current number of GDRs bought back

20,000 (representing 1,000,000 GDRs)

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

2,720,903.40

- value of the shares acquisition (RON)

1,848,916.30

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

871,987.10

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

79,213,156

- number of shares bought back

45,185,306

- equivalent shares of current number of GDRs bought back

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

34,027,850 (representing 680,557 GDRs)

5,936,500 (representing 118,730 GDRs)

- % of subscribed share capital as at 31 July 2017

0.7863 (and 9.0277% computed to the total outstanding treasury shares and equivalent)

- % of paid-up share capital as at 31 July 2017

0.8158 (and 9.3660% computed to the total outstanding treasury shares and equivalent)

- % of total voting rights as at 31 July 2017

0.8978 (and 10.3078% computed to the total outstanding treasury shares and equivalent)

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

69,170,746.47

- value of the shares acquisition (RON)

39,419,699.90

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

29,751,046.57

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

97,947,300

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)

28 August 2017

BVB

RON 0.8700

407,703 shares

RON 354,701.61

29 August 2017

BVB

RON 0.8699

195,493 shares

RON 170,059.36

LSE

USD 11.3000

10,000 GDRs (500,000 shares equivalent)

USD 113,000.00

30 August 2017

BVB

RON 0.8700

608,259 shares

RON 529,185.33

31 August 2017

BVB

RON 0.8694

607,744 shares

RON 528,372.63

1 September 2017

BVB

RON 0.8685

306,963 shares

RON 266,597.37

LSE

USD 11.3000

10,000 GDRs (500,000 shares equivalent)

USD 113,000.00