C.N.T.E.E. Transelectrica

Capital/Financing Update • Jul 5, 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 Law 24/2017, Regulation 1/2006 of CNVM and BVB Code Date of the report: July 5, 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

Important event to report: Fitch has assigned Company a rating of BBB, stable outlook

The National Power Grid Company "Transelectrica" SA informs its stakeholders that Fitch Ratings has assigned BBB rating, stable outlook.

This credit opinion recognizes Company's efforts to achieve operational excellence and its responsible approach to the business environment it operates in.

The complete report can be accesed on Fitch Ratings' official site:https://www.fitchratings.com/site/pr/1026057

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.