TERNA ENERGY S.A. announces that on  April 12, 2016 the sale of 7.637 common registered shares, which derived from the remaining fractional shares as a result of the below mentioned share capital increases, was completed, in accordance with decision no.   103/15.03.2016 of the Head of the Studies Directorate of the Capital Market Committee and the provisions of par. 2.3.6 of the Stock Exchange Regulation:

1) by the amount of 1.561.701 €, with capitalization of part of the share premium reserve, and the issuing of 5.205.670 new common voting registered shares, each of a nominal value of 0,30€, in accordance with the General Assembly Decision of 24 May 2012, and the distribution for free with a ratio of 1 new share for every 20 old shares, which have been traded in the Athens Stock Exchange since 23 August 2012, whereby 1.719 shares remained.

2) by the amount of 1.261.320 €, with capitalization of part of the share premium reserve, and the issuing of 4.204.400 new common voting registered shares, each of a nominal value of 0,30€, in accordance with the General Assembly Decision of 25 July 2013, and the distribution for free with a ratio of 1 new share for every 25 old shares, which have been traded in the Athens Stock Exchange since 1 November 2013, whereby 5.918 remained.

The final net amount of the sale, after deduction of all costs and taxes, amounts to 20,642.97 €, which corresponds to 2.7030 € per share.

This amount shall be deposited, in accordance with decision no. 13/375/17.03.2006 of the Capital Market Committee, with the Depository and Loans Fund (40, Akadimias Str., 10174 Athens) in favor of all the beneficiaries, within seven (7) business days from the date of the sale (that is by  April 21, 2016).

The procedure for the payment of the relevant amount (fractional rights) to the beneficiary shareholders is as follows:

1. The shareholder submits an application, with full correspondence details, either by post to the Company offices (85, Messogion Ave., 115 26 Athens) or by fax (210 6968076), along with a printout of the D.S.S. record and a copy of the Police Identification Card.

 The relevant Certificate, which shall include the full personal data of the Shareholder and the relevant amount, shall be available in the Company offices within three (3) business days.

2. The shareholder shall submit the Certificate and identification documents (Police Identification Card number, Passport, Company Registry number etc) to the Depository and Loans Fund (40, Akadimias Str., 10174 Athens) / Depository Payment Section, and shall receive a cheque with the relevant amount.  Alternatively, instead of a cheque, the beneficiary can submit an application to the Depository and Loans Fund for electronic transfer of the relevant amount to a bank account (this application is available at the Depository and Loans Fund and at the Company offices).

For more information, please contact the Company Shareholders' Relations Division (tel. 210 6968429).