SIF Oltenia S.A.

Report Publication Announcement • Jan 23, 2017

Translation from Romanian into English

No. 476 / 23.01.2017

To: FINANCIAL SUPERVISION AUTHORITY Financial Instruments and Investments Sector

Fax no.: 021-659.60.51

BUCHAREST STOCK EXCHANGE

Fax no.: 021-307.95.19

Hereby we send you the Financial Communication Agenda of S.I.F. OLTENIA S.A. for the year 2017 according to the provisions of the Art. 92, Section 2, Chapter VI of the Bucharest Stock Exchange Code.

FINANCIAL COMMUNICATION SCHEDULE FOR THE YEAR 2017

Item No.	Communicated Information	2017 Reporting date
1	Presentation of the preliminary annual financial statements as of 31.12.2016	15.02.2017
2	General Meeting of the Shareholders for approval of the annual financial statements as of 31.12.2016	the second decade of April
3	Presentation of the annual financial statements as of 31.12.2016	the second decade of April within 24 hours as from the GMS's approval
4	Presentation of the half-yearly financial statements	14.08.2017
5	Presentation of the quarterly financial statements	Q I - 12.05.2017
		Q III - 14.11.2017
6	Meetings (teleconferences) with the press, financial analysts, investment advisers, intermediaries and investors , as the case may be	will be communicated later

The information related to the points 2 and 3 will be communicated to the Bucharest Stock Exchange and, implicitly, updated within the Financial Communication Schedule, only after the Administration Board of S.I.F. OLTENIA S.A. will make a decision regarding the convocation date for the General Meeting of the Shareholders.

Should there will be further changes in the current schedule, they will be notified at least 48 hours before the date initially set.

There are no other events to report.

Sincerely,

Assoc. Prof. DEc. Tudor CIUREZU

Chairman / General Manager