Fondul Proprietatea : Notification regarding the transactions performed during the buy-back program

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

Considering article 2 of Commission Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures, Article 5(3) of Regulation (EU) No 596/2014 on market abuse (market abuse regulation) and Article 26 (3) of Regulation (EU) No 600/2014 on markets in financial instruments, FONDUL PROPRIETATEA S.A. ("FP" / the "Fund"), represented by Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager, hereby informs you in its capacity as Issuer on the following information regarding the transactions concluded during 20 - 24 December 2021:

a) Issuer's name (buyer)	FONDUL PROPRIETATEA S.A.
	Bucharest Stock Exchange Symbol: FP
b) Brokers' names	London Stock Exchange Symbol: FP.
•	SWISS CAPITAL S.A., and
	•	AUERBACH GRAYSON
c) Description of the acquired financial instruments and	Ordinary shares issued by the Fund (ISIN
trading place	ROFPTAACNOR5) listed and traded on the
	Bucharest Stock Exchange ("BVB"), and
	Global Depositary Receipts ("GDRs") (ISIN
	US34460G1067) corresponding to the Fund's
	shares listed and traded on the London Stock
	Exchange ("LSE")
d) Transaction's type	Buy-back
e) Details with respect to the execution of the buy-back	Within the trading session
market orders

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

	Weighted	Weighted	Volume of	Volume of
	average	Value of the	Value of the
Date of the	average	the	the
price per	transaction
price per	transaction	transaction	transaction with
transaction	GDR	with GDRs
share	(no. of	(no. of	shares (RON)
	(USD)*	(USD)
	(RON)*	shares)	GDRs)
20 December 2021	1.8642	-	361,040	-	673,050.77	-
21 December 2021	1.8808	-	355,470	-	668,555.54	-
22 December 2021	1.8815	-	346,290	-	651,544.64	-
23 December 2021	1.9167	-	346,303	-	663,758.96	-
24 December 2021	-	-	-	-	-	-
Number of shares	and GDRs	bought-back	1,409,103	0 GDRs
during the reporting period		(representing	-	-
	shares
			0 shares)

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FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 76-80 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 • Subscribed share capital RON

3,334,342,422.84 RON, Paid-up share capital RON 3,145,160,000.84 • Tel.: + 40 21 200 9600; Fax: [phone]; Email: [e-mail];

Internet:www.fondulproprietatea.ro

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	Weighted		Weighted	Volume of	Volume of
		average	Value of the	Value of the
	average		the	the
Date of the		price per	transaction
price per		transaction	transaction	transaction with
transaction		GDR	with GDRs
share		(no. of	(no. of	shares (RON)
		(USD)*	(USD)
	(RON)*		shares)	GDRs)
							0 USD total
							value of the
							GDRs
							acquisition
							0 RON
							estimated
						2,656,909.91	value of the
Total value of the transactions performed	-	-	RON total value	equivalent
in the reporting period			of the shares	shares of
						acquisition	GDRs based
							on the
							exchange rate
							communicated
							by the
							National Bank
							of Romania
							19,776,054
							USD total value
							of the GDRs
							acquisition
Total number of shares and GDRs bought-		983,610	244,342,905.09	80,987,128.51
	RON estimated
	GDRs	RON total
back and total value of	transactions 143,807,761	value of the
(representing	value of the
performed during 2021			shares	equivalent
		49,180,500	shares
					shares of GDRs
					shares)	acquisition
					based on the
							exchange rate
							communicated
							by the National
							Bank of
							Romania
Number of shares left to be repurchased
within the twelfth buy-back programme1		607,011,739 shares
as of the date of this notification

* The weighted average price per security was rounded to 4-digits

Franklin Templeton International Services S.À R.L., acting as Alternative Investment Fund Manager of

FONDUL PROPRIETATEA S.A.

Johan MEYER - Permanent Representative

1 As per the Fund's Extraordinary General Shareholders Meeting Resolution no. 5 of 13 November 2020, published in the Official Gazette of Romania, Part IV, no. 4233/02.12.2020, the twelfth buyback programme refers to the acquisition by the Fund of a maximum number of 800,000,000 shares and/or equivalent global depository receipts corresponding to the Fund's shares ("GDRs"). The duration of the twelfth buyback programme is 1 January 2021 - 31 December 2021. The shares repurchased during this buyback programme will be cancelled.

__________________________________________________________________________________________________________________________________________________________

FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 76-80 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 • Subscribed share capital RON

3,334,342,422.84 RON, Paid-up share capital RON 3,145,160,000.84 • Tel.: + 40 21 200 9600; Fax: [phone]; Email: [e-mail];

Internet:www.fondulproprietatea.ro