Fondul Proprietatea

Declaration of Voting Results & Voting Rights Announcements • Jun 18, 2019

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To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange

Current report according to the provisions of Article 99 of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments.

Important events to be reported:

Shareholding structure and total number of voting rights as at 10 June 2019 - "Registration Date" for the payment of the dividends related to the 2018 financial year

The shareholding structure and total number of voting rights at the level of Fondul Proprietatea SA ("the Fund") as at 10 June 2019, considered as Registration Date for the payment of the dividends related to the 2018 financial year, in gross value of RON 0.0903 per share, as approved by the Fund's Ordinary General Shareholders Meeting Resolution no. 3 / 4 April 2019, as received from Depozitarul Central SA, were as follows:

Shareholder Type	% of subscribed share capital	% of paid– up share capital	% of total voting rights
The Bank of New York Mellon (depository bank for Global Depository Receipts)	27.82	28.98	35.59
Romanian institutional shareholders	18.52	19.28	23.70
Romanian private individuals	15.39	16.03	19.69
Foreign institutional shareholders	13.98	14.56	17.89
Foreign private individuals	2.37	2.47	3.04
Ministry of Public Finance	4.07	0.08	0.09
Treasury Shares1	17.85	18.60	0.00
Total	100	100	100

Also, please note that the total number of shareholders was 6,264 and the total number of voting rights was 7,113,165,099.

For further details regarding the dividend distribution to shareholders mentioned above, please see the latest current report published on the Fund's webpage on 27 May 2019, at: https://www.fondulproprietatea.ro/files/live/sites/fondul/files/en/investorreports/2019/2018%20dividend%20payment.pdf

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch acting as Investment Manager of FONDUL PROPRIETATEA S.A.

Johan MEYER - Legal Representative

Report date:

18 June 2019

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Name of the issuing entity: Fondul Proprietatea S.A.

Registered office: 78-80 Buzesti Street th floor, district 1, Bucharest, 011017 Phone/fax number: Tel.: + 40 21 200 9600 Fax: + 40 21 200 9631 Email: office@fondulproprietatea.ro Internet: www.fondulproprietatea.ro Sole Registration Code with the Trade Register Office: 18253260 Order number in the Trade Register: J40/21901/2005 Subscribed share capital: RON 4,733,020,898.32 Paid-up share capital: RON 4,543,838,476.32 Number of shares in issue: 9,101,963,266 Number of paid shares: 8,738,150,916 Regulated market on which the issued securities are traded: Shares on Bucharest Stock Exchange GDRs on London Stock Exchange

__________________________________________________________________________________________________________________________________________________________________________ ¹ 1,624,985,817 treasury shares out of which 136,993,248 treasury shares acquired in the tenth buyback program and 1,487,992,569 treasury shares acquired in the ninth buyback program

FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 78-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017, Romania. • Fiscal Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed share capital RON 4,733,020,898.32, Paid-up Share Capital: RON 4,543,838,476.32 • Tel.: + 40 21 200 9600; Fax: +40 21 200 9631; Email: office@fondulproprietatea.ro; Internet: www.fondulproprietatea.ro