SIF Oltenia S.A.

Report Publication Announcement • May 12, 2016

Societatea de Investiții Financiare OLTENIA s.A.

200767 Craiova, str. Tufănele nr.1 E-mail: public@sifolt.ro, www.sifolt.ro tel.: 0251 419.397, 419.398, 419.338, 419.347 fax: 0251 419,340

Nr. Reaistru C.N.V.M.: PJR09SIIR / 160003 / 14.02.2006 Cod Unic Inregistrare: 4175676. Atribut fiscal: R Nr. Rea Com.: J16 / 1210 / 30.04.1993 Capital social: 58.016.571 LEI

Nr. $2802/12.05.2016$

Translation from Romanian into English

To: FINANCIAL SUPERVISORY AUTHORITY

Financial Instruments and Investments 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 securities transactions and the Law no. 297/2004 regarding the capital market

Report date: 12.05.2016

Name of the issuer: Societatea de Investiții 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 Order number at the Trade Register: 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: Availability of the O1 2016 Report

S.I.F. OLTENIA S.A. informs the investors that THE QUARTERLY REPORT as of 31.03.2016, prepared in accordance with the provisions of the Law no. 297/2004 and R.N.S.C. Regulations no. 1/2006 and 15/2004, will be available to the public as from 13.05.2016, hours $18^{30}$ , as follows:

• in electronic form, on the Company's website: www.sifolt.ro:

• in written form, at the Company's headquarters from Craiova, 1, Tufănele St.

The quarterly report comprises:

• Individual Financial Statements as at March 31^st 2016 prepared according to the Implementing Rule no. 39/2015 for approval of the Accounting Regulations complying with the International Financial Reporting Standards ("IFRS"), applicable to the authorized entities, regulated and supervised by the Financial Supervisory Authority from the Financial Instruments and Investments Sector, with the mention that they are not audited by the company's financial auditor;

• Economic-financial Indicators stated in the Appendix no. 30 B of the R.N.S.C. Regulations no. 1/2006, calculated as at 31.03.2016;

• Statement of Assets and Liabilities and detailed Statement of Investments as at 31.03.2016 (Appendix no. 16 and Appendix no. 17), prepared according to the provisions of the R.N.S.C. Regulation no. 15/2004, with the subsequent amendments and supplements.

Additional information can be obtained by phone at numbers: 0251-419.335, 0251-419.347.

There are no more events to report.

Associate Prof. PhD. E. f[udor] Chairman / General Ma

Ec. Viorica Balan Internal Control

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