Fondul Proprietatea

Declaration of Voting Results & Voting Rights Announcements • Sep 6, 2019

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 31 August 2019

The shareholding structure and total number of voting rights at the level of Fondul Proprietatea SA ("the Fund") as at 31 August 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)
	24.73	25.76	31.80
Romanian institutional shareholders	20.76	21.62	27.41
Romanian private individuals	15.07	15.70	19.91
Foreign institutional shareholders	13.34	13.90	17.62
Foreign private individuals	2.39	2.49	3.16
Ministry of Public Finance	4.07	0.08	0.10
Treasury Shares1	19.64	20.46	0.00
Total	100	100	100

Also, please note that the total number of shareholders was 6,322 and the total number of voting rights was 6,890,276,214.

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

Johan MEYER Legal Representative

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1 1,787,932,252 treasury shares out of which 299,939,683 treasury shares acquired in the tenth buyback program and 1,487,992,569 treasury shares acquired in the ninth buyback program

Report date: 6 September 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