Tariffs for DSOs - applicable starting 1Jul2019

To:                Romanian Financial Supervisory Authority (ASF)

                      Bucharest Stock Exchange (BVB)

                      London Stock Exchange (LSE)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, ASF Regulation no. 5/2018, and the Bucharest Stock Exchange Code

Report date: 26 June 2019

Company name: Societatea Energetica Electrica S.A.

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone/fax no.: 004-021-2085999/ 004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,459,399,290

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)

Significant events to be reported:

Approval of the specific tariffs for the electricity distribution service, applicable starting with 1 July 2019 for the distribution subsidiaries of Electrica Group

Societatea Energetica Electrica SA hereby informs the following: 

·    In the Official Gazette of Romania, part I, no. 516/25.06.2019 was published the ANRE Order no. 78/24.06.2019 for the amendment of ANRE Order no. 197/2018 related to the approval of the specific tariffs for electricity distribution service and of the price for reactive energy for Societatea de Distributie a Energiei Electrice Muntenia Nord S.A.

·    In the Official Gazette of Romania, part I, no. 516/25.06.2019 was published the ANRE Order no. 79/24.06.2019 for the amendment of ANRE Order no. 198/2018 related to the approval of the specific tariffs for electricity distribution service and of the price for reactive energy for Societatea de Distributie a Energiei Electrice Transilvania Nord S.A.

·    In the Official Gazette of Romania, part I, no. 516/25.06.2019 was published the ANRE Order no. 80/24.06.2019 for the amendment of ANRE Order no. 199/2018 related to the approval of the specific tariffs for electricity distribution service and of the price for reactive energy for Societatea de Distributie a Energiei Electrice Transilvania Sud S.A.

According to the ANRE orders, the specific tariffs for electricity distribution service for the three concessionaire distribution operators of Electrica Group, applicable starting with 1 July 2019, compared to the ones applicable starting with 1 March 2019 are the following:

Chief Corporate Governance and M&A Officer                         

Alexandra BORISLAVSCHI