ANNOUNCEMENT

FONDUL PROPRIETATEA S.A. having its headquarters located in Bucharest, 78-80 Buzeşti street, 7th floor, district 1, registered with the Bucharest Trade Registry under  no. J40/210901/2005, sole registration number 18253260, through Franklin Templeton Investment Management Limited United Kingdom Bucharest Branch, having its headquarters in Bucharest, 78-80 Buzesti street, 7th floor, district 1, registered with the Bucharest Trade Registry under no. J40/8587/2009, sole registration number 25851096, legally represented by Mr. Johan MEYER, announces the organization of the sale procedure for the selling of the shares owned by Fondul Proprietatea S.A. in SN Plafar S.A. The shares which are the object of the sale process represent a number of 132,784 shares, issued by SN Plafar S.A., representing 49% of the total share capital.

The indicative timetable of the sale process shall be the following:

Submission of non-binding offers                                                9 March 2018

Finalization of the period for preliminary negotiations                   26 March 2018

Submission of binding offers                                                      27 April 2018

Selection of the winning offer                                                     11 May 2018

The sale regulation and additional information regarding SN Plafar S.A. may be obtained, by a written request sent to the Fondul Proprietatea S.A. at the following address: Premium Point Building, 78-80 Buzesti street, 7th floor, district 1, 011017, Bucharest, Romania, by fax at 021.200.96.31/32 or by email at office@fondulproprietatea.ro.

The documents will be provided to the potential bidders free of charge, should they be sent by Fondul Proprietatea S.A. to the potential bidder by fax or e-mail. The potential bidder that requests the documentation through another method will pay the total value of the transport upon receipt of the requested documents.

Interested persons may consult publicly available financial information on the website of SN Plafar S.A. at the following address:  http://www.plafar.com/ro/media/