C.N.T.E.E. Transelectrica

M&A Activity • Jun 20, 2017

To the: Bucharest Stock Exchange – Department of Operations Issuers Regulated Markets

Financial Supervision Authority - General Directorate Supervision - Issuers Division

Current report according to the provisions of article 82 from Law 24/2017 Date of the report: 20 June 2017 Name of Issuer Company: CNTEE TRANSELECTRICA SA, Company Managed in Two-tier System Headquarters: Bucharest 1, Blvd. Magheru no. 33 Working location: Bucharest 3, Str. Olteni no. 2-4 Phone / fax numbers: 4021 3035 611 / 4021 3035 610 Single registration code: 13328043 Number in the Commercial Register: J40/8060/2000 Share capital subscribed and paid: 733,031,420 Lei Regulated market where the issued securities are transacted: Bucharest Stock Exchange

Event to report

The National Power Grid Company Transelectrica SA informs the shareholders and investors about its signing a contract amounting above 50,000 Euro with the National Company Nuclearelectrica SA (SNN).

Contract:	No. C123 / 16.06.2017;
Parties:	CNTEE Transelectrica SA – as purchaser; National Company Nuclearelectrica SA (SNN) – as seller;
Contractual object:	Electricity sale-purchase transacted on the Centralised Electricity Bilateral Contracts Market, transaction mode on the PCCB-LE;
Estimated total value:	24,673,932.5 Lei, VAT free;
Guarantees:	None;
Penalties:	The level of penalty interest corresponds as percentage to the interest rate owed for failure to pay in due time the liabilities to the state budget, for each day of delay;
Mutual liabilities:	None;
Terms of payment:	No later than 6 week-days from invoice receipt by fax or email; the settlement invoice will be paid until due date defined as the 15th day of the month following the contractual one.

Georgeta - Corina POPESCU

Executive Director General Directorate Chairwoman

LANGUAGE DISCLAIMER: This document represents the English version of the original official Romanian document filed with the Financial Supervisory Authority ASF. The English version has been created for English readers' convenience. Reasonable efforts have been made to provide an accurate translation, however, discrepancies may occur. The Romanian version of this document is the original official document. Any discrepancies or differences created in the translation are not binding. If any questions arise related to the accuracy of the information contained in the English version, please refer to the Romanian version of the document which is the official version.