(15:40) Important event: Notification concerning the transactions made under the buyback program in compliance with SIF Moldova EGMS Resolution no. 4/April 25, 2016.

Current Report according to: Law 297/2004, CNVM Regulation 1/2006 Report date: January 3, 2017

Regulated market on which the issued securities are traded: Bucharest Stock Exchange, Premium Category

To: BUCHAREST STOCK EXCHANGE FINANCIAL SUPERVISORY AUTHORITY

Financial Instruments and Investments Sector

Notification concerning the transactions made under the buyback program in compliance with SIF Moldova EGMS Resolution no. 4 / April 25, 2016.

In accordance with Article 150 of CNVM Regulation no. 1/2006 and EU Regulation no 596/2014, SIF Moldova announces the following information relating to the transactions with SIF2 shares in the period December 27, 2016 -December 30, 2016:

1. Name of the issuer (buyer): SIF Moldova SA

2. Transactions intermediary: Raiffeisen Bank

3. Transaction type: buyback

4. Description of the financial instruments purchased: SIF2 shares

5. Transaction details:

Date of transaction	Quantity of shares	Average price (RON/share)	Value of the transaction (RON)
December 27, 2016	61,500	0.7687	47,272.00
December 28, 2016	61,500	0.7691	47,300.93
December 29, 2016	61,500	0.7667	47,149.37
December 30, 2016	61,500	0.7765	47,757.50
Total	246,000	0.7702	189,479.80

President & CEO Costel Ceocea

Internal Control Michaela Puscas