(10:55) 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 25, 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 January 16, 2017 -January 23, 2017:

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)
January 16, 2017	61,500	0.8157	50,162.50
January 17, 2017	61,500	0.8120	49,934.98
January 18, 2017	61,500	0.8100	49,815.00
January 19, 2017	61,500	0.8020	49,321.50
January 20, 2017	61,500	0.8000	49,200.00
January 23, 2017	61,500	0.8055	49,538.76
Total	369,000	0.8075	297,972.74

President & CEO Costel Ceocea

Internal Control Michaela Puscas