C.N.T.E.E. Transelectrica

M&A Activity • Jul 10, 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: 10 July 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 an addendum amounting to more than 50,000 Euro with SC TELETRANS SA.

Addendum (A):	Addendum (A) no. 2 to contract C256/2014;
Parties:	CNTEE Transelectrica SA – as purchaser; SC TELETRANS SA – as provider;
Contractual object:	Maintenance services and operation of the telecommunication, process IT and information technology systems;
Total addendum value:	28,164,402.02 Lei VAT fee;
Term of addendum:	12 months;
Guarantees:	Within 10 days from Addendum signature the Provider shall supplement the performance bond quantum up to the equivalent of 1,408,220.10 Lei, representing 5% of the amount by which the Contract value has been supplemented;
Penalties (changed clauses):	In case the Provider fails to carry out in due time the obligations assumed under Contract, the Purchaser can require 0.02% penalty per day of delay from the amount of the non executed order/service/executed with delay; The Provider commits to reimburse the complaints and law suits that result from the violation of certain intellectual property rights relating to the provided services, the damages, costs, fees and expenses of any kind;
Mutual liabilities:	None;
Terms of payment:	In accordance with the initial contract (that has been reported on 01 July 2014 according to article 225 of Law 297/2004).

All the other provisions of Contract C256/2014 which are not changed by Addendum provisions remain valid and apply further.

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.