Fondul Proprietatea

Transaction in Own Shares • Jun 8, 2015

_________________________________________________________________________ To: FINANCIAL SUPERVISORY AUTHORITY BUCHAREST STOCK EXCHANGE LONDON STOCK EXCHANGE Re: Notification regarding the transactions performed within the buy-back programme From: FONDUL PROPRIETATEA S.A.

The undersigned, FONDUL PROPRIETATEA S.A., duly represented by Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, acting in its capacity as Sole Administrator and Fund Manager, hereby inform you in its capacity of issuer on the following information regarding the transactions concluded during 1 – 5 June 2015, according to Article 150 of the NSC's Regulation no. 1/2006 regarding issuers and operations with securities:

a) Issuer's name (buyer)	FONDUL PROPRIETATEA S.A. (FP)
b) Broker's name	Wood & Company Financial Services, a.s.
c) Description of the acquired financial instruments	Ordinary shares issued by Fondul Proprietatea (ISIN ROFPTAACNOR5)
d) Transaction's type	Buy-back
e) Details with respect to the execution of the buy	Within the trading session
back market orders
f) Total number of shares bought-back in the	3,647,454
reporting period
g) Total value of the transactions performed in the	3,201,890.91
reporting period (RON)
h) Total number of shares repurchased since the start	128,579,181
of the buy-back program
i) Total value of the shares repurchased since the	113,061,818.00
start of the buy-back program (RON)
j) Number of shares left to be repurchased	98,993,069

The details of the transactions carried out during the reporting period with respect to the shares issued by Fondul Proprietatea SA for the purpose of the buy-back are described further below:

Date and place of the transaction	Average price per share (RON)	Volume of the transaction (no. of shares)	Value of the transaction (RON)
2 June 2015 – BVB	0.883164	898,000	793,081.27
3 June 2015 – BVB	0.883507	995,000	879,089.47
4 June 2015 – BVB	0.874798	867,000	758,449.87
5 June 2015 – BVB	0.869082	887,454	771,270.30

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity as Sole Director of FONDUL PROPRIETATEA S.A.

Oana Valentina TRUŢA Legal Representative

FONDUL PROPRIETATEA S.A., a closed-end investment company administrated under a unitary system • 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 • Register on Data Protection Notification Register under number 18668 • Subscribed share capital RON 10,965,850,800.30, Paid-up Share Capital: RON 10,638,419,685.30 • Tel.: + 40 21 200 9600; Fax: +40 21 200 9631; Email: office@fondulproprietatea.ro; Internet: www.fondulproprietatea.ro

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