Către: No. 4257/25.05.2015 To: Bucharest Stock Exchange Financial Supervisory Authority Financial Instruments and Investments Sector CURRENT REPORT According to the N.S.C. Regulation no. 1/ 2006 Report date: 25.05.2015

S.I.F. Transilvania S.A.

Headquarters: 2, Nicolae Iorga Street, Brasov 500057

Telephone: +40 268 415529, 416171; Fax: +40 268 473215, 473216

Tax registration code: RO3047687

Order number in the Trade Register: J08/3306/92

Registration number in the NSC Register: PJR 09 SIIR/080004

Subscribed and paid-in share capital: RON 218,428,666.40

Regulated market on which the issued securities are traded: Bucharest Stock Exchange (ticker: SIF3)

Important event to be reported: Resignation of the Supervisory Board's President

S.I.F. Transilvania informs that, according to the notification sent to the Company and to the Supervisory Board, Mr. Razvan Gavaneanu resigned from the position of President of the Supervisory Board starting with 21 May 2015. Mr. Gavaneanu will carry on his mandate of member of the Supervisory Board elected by the Ordinary General Meeting of Shareholders dated 20 April 2013.
According to the Company's Articles of Incorporation, the Supervisory Board will meet in the shortest time to elect a new President from its members. Until the election of the new President, the function will be exercised by Mr. Stefan Szabo-Vice President of the Supervisory Board.

Mihai Fercală Executive President/ C.E.O. Iulian Stan Executive Vice President/ Deputy C.E.O.

The following is an English translation of the original current report which was prepared in Romanian. The Company provides this translation for your reference and convenience only and without any warranty as to its accuracy or otherwise.

distributed by