SIF Oltenia S.A.

Legal Proceedings Report • Jan 25, 2017

Nr. 539 / 25.01.2017

Translation from Romanian into English

To: FINANCIAL SUPERVISORY AUTHORITY Financial Instruments and Investment Sector Fax no: 021.659.60.51

BUCHAREST STOCK EXCHANGE

Fax no: 021-307.95.19

CURRENT REPORT

according to the R.N.S.C. (C.N.V.M.) Regulation no. 1/2006 regarding the issuers and the securities transactions

and to the Law no. 297/2004 regarding the capital market

Report date: 25.01.2017 Name of the issuer: Societatea de Investiţii Financiare OLTENIA S.A. Headquarters: Dolj County, Craiova, 1, Tufănele St., zip code 200767 Phone /Fax: 0251-419.335 / 0251-419.340 Fiscal Registration Code (CIF): RO 4175676 Trade Register Number: J16/1210/30.04.1993 R.N.S.C. (C.N.V.M.) Register Number: PJR09SIIR/160003/14.02.2006 Share capital subscribed and paid: 58,016,571 RON Regulated market on which the issued securities are traded on: Bucharest Stock Exchange – Shares, Premium Tier, (market symbol SIF5)

Important event to report:

Litigation before the Bucharest Court contradictorily with BANCA COMERCIALĂ ROMÂNĂ SA, BCR REAL ESTATE MANAGEMENT SRL and BUCHAREST FINANCIAL PLAZZA SRL – file no. 44243/3/2016

SIF OLTENIA SA informs the investors that, in the file no. 44243/3/2016 before Bucharest Court, the VIth Civil Section, contradictorily with BANCA COMERCIALĂ ROMÂNĂ SA, BCR REAL ESTATE MANAGEMENT SRL and BUCHAREST FINANCIAL PLAZZA SRL, at the trial date on 25.01.2017, the court has judged the case and ordered the postponement of the ruling until 27.01.2017.

There are no other events to report.

Anina RADU Vice - President / Deputy General Manager

ec. Viorica BĂLAN Internal Control/Compliance