SIF Muntenia : Current report regarding dividend payments as for 2016 fiscal year

MUNTENIA S.A. informs that, starting from September 28, 2017, the dividends shall be paid to the shareholders as follows:

The dividends for the financial year 2016 shall be paid to the shareholders starting from September 28, 2017 - the payment date, according to the Resolutions of the S.G.O.A. held on April 27, 2017;

The shareholders entitled to receive the dividends allocated from the net profit achieved in the financial year 2016 are those registered in the consolidated register of shareholders as of September 12, 2017 - the registration date according to the Resolutions of the

S.G.O.A. held on April 27, 2017. September 11, 2017 is the ex-date according to the Resolutions of the S.G.O.A. held on April 27, 2017;

The payment of dividends, in compliance with the related legal provisions, will be made through Depozitarul Central and the paying agent appointed by SIF MUNTENIA SA is Banca Comercială Română SA;

The dividend payment method is presented in the "Procedure for the payment of dividends due to SIF MUNTENIA SA shareholders valid from September 28, 2017", which is Annex to this Current Report;

In case of deceased shareholders, the dividens are to be paid upon request by the heirs only after the transfer of the shares on the heirs' name by Depozitarul Central, according to the provisions of the "Procedure for the payment of dividends due to SIF MUNTENIA SA shareholders valid from September 28, 2017";

The dividends for the financiar years 2014 and 2015 still not collected shall be paid further according to the provisions of the Procedure for the payment of dividends available on the websitewww.sifmuntenia.ro.

The "Procedure for the payment of dividends due to SIF MUNTENIA SA shareholders valid from September 28, 2017" is available on the websitewww.sifmuntenia.ro.

Further information on the procedure for payment of dividends may be requested from:

• Depozitarul Central S.A., headquarters in București, B-dul Carol I, nr. 34-36, sector 2, et. 3, 8 and 9; phone 021.408.58.56 / 021.408.59.23, e-mail: dividende@depozitarulcentral.ro;

• SIF MUNTENIA SA , headquarters in Bucuresti, Splaiul Unirii, nr. 16, sector 4 (from Monday to Friday between hours 9.00 - 14.00); phone 021.3873280 or 021.3873253; email: relatii@sifmuntenia.ro.

SIF MUNTENIA SA

Represented by it's Asset Management Company SAI MUNTENIA INVEST SA

Chairman - Corporate Executive Manager Florica TRANDAFIR

Internal Control Claudia Jianu

Annex to the Current Report from 19.09.2017 regarding the payment of dividends for the shareholders of SIF MUNTENIA SA

SAI Muntenia Invest SA, the administrator of SIF Muntenia SA informs the shareholders on the fact that according to S.G.O.A. Resolution dated 27.04.2017, respectively art. 146 of Law no. 297/2004, art. 86 par.5 of Law no. 24/2017 and art. 1061of NSC Regulation no. 1/2006, payment of dividends for the 2016 financial exercise will be conducted through the Depozitarul Central SA, as follows:

• Starting from 28.09.2017 - payment date - to the shareholders registered in the Shareholders Register of SIF Muntenia SA as of 12.09.2017 registration date;

• The gross dividend/share is 0.04 lei/share, of which the tax on dividends will be withheld, amounting to the quota stipulated by law as of the payment date. The payment costs will be deducted from the net dividend value, according to the S.G.O.A. Resolution dated 27.04.2017.

  Dividends related to the 2014 and 2015 financial years that remained uncollected will be paid further along with the dividends for the financial year 2016.

  The methods and terms of payment are the following:

  Chapter I. Payment of dividends to shareholders holding accounts with Participants

  For individuals, legal bodies or other entities shareholders, which as of the registration date hold shares registered in Section II of the Register of Shareholders of SIF Muntenia SA in the account opened with Participants (custodian banks or brokerage houses), dividends will be paid by bank transfer through the Depozitarul Central in the Participants' accounts on the payment date, without requiring an express request or additional documents.

  Chapter II. Payment of dividends to shareholders who do not hold accounts with Participants
• By bank transfer (in lei, to accounts open at a bank in Romania)

  Starting from 28.09.2017, the individuals and legal entities shareholders which are not represented by a Participant and want the payment of dividends by bank transfer may request and submit to the Depozitarul Central the documents necessary for the payment of dividends, as follows:

• Shareholders unrepresented by a Participant, individuals, in person or by legal or conventional representative will transmit to the Depozitarul Central the IBAN collection form signed by hand, indicating the bank and the account (IBAN code) opened in the name of the Shareholder (the model is available on the website of the Depozitarul Central - www.depozitarulcentral.ro), accompanied by:

• a legible, valid copy of the identity document - certified "according to the original" by the holder;

• bank statement or a document issued by the bank (signed and stamped) confirming the existence of the account in the name of the Shareholder, specifying the IBAN code, in original;

• copy of documents proving the quality of the signatory as conventional or legal representative, if the case may be - certified according to the original" by the holder".

  Annex to the Current Report from 19.09.2017 regarding the payment of dividends for the shareholders of SIF MUNTENIA SA

• Shareholders unrepresented by a Participant, legal entities, by legal or conventional representative will transmit to the Depozitarul Central the IBAN collection form signed by hand, indicating the bank and the account (IBAN code) opened in the name of the Shareholder (the model is available on the website of the Depozitarul Central - www.depozitarulcentral.ro), accompanied by:

• copy of the registration certificate (CUI) - certified "according to the original" by the holder;

• copy of the document proving the quality of company's legal representative (certificate of status issued by the Trade Register/equivalent entity - for foreign entities) - certified "according to the original" by the holder;

• copy of documents proving the application signatory's quality as conventional representative, if necessary - certified "according to the original" by the holder;

• bank account statement or a document issued by the bank (signed and stamped) confirming the existence of the account on the holder's name - legal entity, specifying the IBAN code, in original.

• a legible, valid copy of the legal representative's identity card - certified "according to the original" by the holder

• Pension funds

• For the pension funds the following documents are needed:

• copy of the identity card of the management company's legal representative, within the validity period - card/ID card with PIN for Romanian citizens or passport with identification number for foreigners;

• copy of the fund management company's certificate of status/equivalent, not older than 3 months, mentioning the legal representative of the fund management company

• copy of the registration certificate/equivalent document for the fund management company

• copy of the regulatory authority's decision attesting the authorization of the fund management company and pension fund

• For non-resident pension funds: tax residence certificate, original or certified copy, authenticated/legalized, if necessary, accompanied by a certified translation into Romanian, an affidavit of the legal representative of fund management company stating that the authorization of the fund management company and the pension fund is valid on the date of payment if the pension fund is as defined in the State of origin legislation, and, if available, information on the official website of the regulating authority from the country of origin, where the status of the pension fund can be verified.

Observations

If the documents submitted are drawn up in a foreign language, they must be accompanied by a certified translation into Romanian language, as well as legalized or apostilled as the case may be, for those issued by a foreign authority.

For shareholders who send the requests together with the documents requested by the Depozitarul Central at least three working days prior to the date of payment, namely 28.09.2017, the payment will be made on the payment date. For requests submitted after the date of 28.09.2017, the Depozitarul Central will perform the payment by bank transfer within three working days as of the receipt of the request accompanied by full documentation. Depozitarul Central will block the payment in cash upon the receipt of the complete documentation.