Terna Energy : PAYMENT OF THE DIVIDEND FOR THE YEAR 2016

Athens, June 14, 2017

The company "TERNA ENERGY S.A." informs the investors, in compliance with clause 5.2 of the Athens Stock Exchange Regulation, that by virtue of the resolution of the Ordinary Shareholders' Assembly of May 30, 2017, the dividend for the financial year 2016 amounts to 0.09 euros per share.

This amount shall be increased by the dividend corresponding to the 4,538,036 treasury shares owned by the Company, thus by the amount of 0.003898 euros per share and consequently the total amount of dividend per share shall be 0.093898 euros.

After 15% tax withholding, in accordance with the provisions of article 44 par. 4 of Law 4389/2016, the net payable dividend per share amounts to 0,079813 euros .

Beneficiaries of the said dividend are the investors who are registered in the D.S.S. of the Company on Tuesday June 20, 2017 (record date).

As of Monday, June 19, 2017 (ex‐dividend date) the Company's shares will be traded in the Athens Stock Exchange without the right to receive such dividend.

The payment of the dividend shall commence, in accordance with the provisions of clause 5.5 of the Athens Stock Exchange Regulation, on Monday June 26, 2017 and shall be effected by "ALPHA BANK" as follows:

1. Το the operators of the shareholders shares (custodians ‐ brokers) if such a right has been granted to them.

2. Via deposit to the International Bank Account Number (IBAN), where the investor has declared to receive the distributed amounts in accordance with Article 13 of the Rules of Operation DSS and decision number 6 of the BoD of the ATHEXCSD, as applicable, for investors who do not wish to receive the amounts through their Operators. This method of payment concerns only investors who have declared IBAN of the paying bank "ALPHA BANK".

3. Through the branches of ALPHA BANK for those shareholders who have not granted or have revoked the respective authorization to their operator to collect payments on their behalf, or whose shares are kept in the Special Account, by presenting their Codified Number of Investor Account in the Central Depository System and their identity card, either in person or through an authorized representative, by 31‐12‐2017.

After 31‐12‐2017 the payment of the dividend shall be made only in the offices of the Company, at 85, Messogion Ave., 11526, Athens.

There is a prescription period of 5 years, after which the Hellenic State becomes beneficiary of the dividends.

For more information, Investors can contact the Investor Relations Department (Mrs Mary Theotokatou, tel. 210 6968429).