Current report according to the provisions of art 226 ... - Transelectrica

Current report according to the provisions of art 226 of Capital Market Law no. 297/2004
Report date: June 9 th , 2010
Company name: TRANSELECTRICA SA
Headquarters: Bucharest 1, 33 Gheorghe Magheru Blvd.
Phone / fax numbers: +40213035611 / +40213035610
Taxpayer identification number: 13328043
Registration number with the Companies Registrar: J40/8060/2000
Subscribed and paid share capital: 733,031,420 RON
Regulated market where the stock is traded: Bucharest Stock Exchange
ADDITIONS TO THE AGENDA OF THE SHAREHOLDER MEETING
called for June 28 2010
(as requested by the Ministry of Economy, Commerce and Business Environment,
in its capacity as majority shareholder of Transelectrica SA)
The Board of Directors of the Romanian Power Grid Company “Transelectrica”- SA, seated in Blvd. General Gh. Magheru
no. 33, Bucharest 1, registered with the Companies Registrar under no. J40/8060/2000, taxpayer identification number 13328043,
in compliance with the request of the Ministry of Economy, Commerce and Business Environment, in its position as majority
shareholder Transelectrica SA, as provided by Note no. 9511/13.04.2010 and of the “Proprietatea” Fund as provided by Note no.
486/12.04.2010, based on art. 117^1 of the Companies Law no. 31/1990 republished with the latest modifications and changes,
amends the agenda of the Shareholders‘ Ordinary General Meeting of June 28 th 2010, at 9,00 a.m., in the “Platinum Center”
building, str. Olteni no. 2 – 4, sector 3, Bucuresti, 10 th floor, hall no. 1002, all the shareholders registered in the company’s
shareholder book as at June 18 th , 2010, initially published in the Romanian Official Gazette, Part 4, no. 2310/27.05.2010 and in
daily Ziarul Financiar no. 2900/24.05.2010, adding the following items:
1. Approving the increase of the share capital of the subsidiary „TELETRANS”–SA by cash contribution of the
parent company Romanian Power Gird Company „Transelectrica”–SA amounting to RON 2,919,430 representing
reinvestment of 2009 dividends.
2. Approving the mandate of the Romanian Power Gird Company „Transelectrica”–SA representatives in the
Shareholders’ General Assembly of the subsidiary „TELETRANS”–SA, for approving the increase of the share capital by
cash contribution of the parent company Romanian Power Gird Company „Transelectrica”–SA amounting to RON
2,919,430 representing reinvestment of 2009 dividends.
Consequently, for the Shareholders’ Ordinary Assembly on June 28 th , 2010, at 9:00 a.m. to be held in the “Platinum
Center” building, str. Olteni no. 2 – 4, sector 3, Bucuresti, 10 th floor, hall no. 1002 for all the shareholders registered in the
company’s shareholder book as at June 18 th , 2010, initially published in the Romanian Official Gazette, Part 4, no. 2310/27.05.2010
and in daily Ziarul Financiar no. 2900/24.05.2010, will have the following
Sediu Social:
Bd. Gen. Gh. Magheru nr.33 RO-010325;
sector 1, Bucureşti

AGENDA :
1. Approving the Income and Expenses Budget draft of the Romanian Power Grid Company „Transelectrica”–SA, per
2010, with the following indicators:
Indicator
Sediu Social:
Bd. Gen. Gh. Magheru nr.33 RO-010325;
sector 1, Bucureşti
2010 2009
(audited)
RON RON
Operating revenues 2,712,744,000 2,517,734,934
Operating expenses * )
(2,394,375,106) (2,167,410,281)
Operating profit EBITDA 318,368,894 350,324,653
Depreciation (271,000,000) (250,299,066)
Operating profit EBIT 47,368,894 100,025,587
Financial result (36,868,894) (83,122,159)
Gross profit 10,500,000 11,256,533
Net profit 4,424,000 6,135,590
* ) depreciation not included
2. Approving the Annex to the Amendment no. 3/19.05.2010 to the Mandate Contract no. C11/21.01.2009 of the Director
General of „Transelectrica”–SA referring the objectives and performance criteria per 2010.
3. Authorizing the representatives of the Romanian Power Grid Company „Transelectrica”–SA in the Shareholders’
General Assembly of „Smart”–SA (Dumitru BARASCU, Marius UNTESCU, Oana Corina MOLDOVEAN) to appoint Mr.
Florin MARZA for being elected member and chairman respectively of the Administration Board instead of Mr. Calin
Radu VILT.
4. Authorizing the representatives of the Romanian Power Grid Company „Transelectrica”–SA in the Shareholders’
General Assembly of “FORMENERG” – SA (Maria IONESCU, Domnica CONSTANTIN, Mihaela MACIUCEANU) for
approving the revenue and expenses budget per 2010, with the following indicators :
- RON ‘000 -
Total revenues 8,000
Total expenses 7,880
Gross profit 120
5. Authorizing the representatives of the Romanian Power Grid Company „Transelectrica”–SA in the Shareholders’
General Assembly of „Opcom”–SA (Dumitru BARASCU, Marius UNTESCU, Aurelia Coculeana Stefanescu) for
approving the revenue and expenses budget per 2010, with the following indicators:
- RON ‘000 -
Total revenues 16,645
Total expenses 15,321
Gross profit 1,324

6. Authorizing the representatives of the Romanian Power Grid Company „Transelectrica”–SA in the Shareholders’
General Assembly of „ICEMENERG”–SA Bucuresti (Serban Nicolae PANAITESCU, Edmund-Petru VERESS) for approving
the revenue and expenses budget per 2010, with the following indicators:
Sediu Social:
Bd. Gen. Gh. Magheru nr.33 RO-010325;
sector 1, Bucureşti
- RON ‘000 -
Total revenues 9,687
Total expenses 9,687
Gross profit 0
7. Approving the increase of the share capital of the subsidiary „TELETRANS”–SA by cash contribution of the parent
company Romanian Power Gird Company „Transelectrica”–SA amounting to RON 2,919,430 representing reinvestment of
2009 dividends.
8. Approving the mandate of the Romanian Power Gird Company „Transelectrica”–SA representatives in the
Shareholders’ General Assembly of the subsidiary „TELETRANS”–SA, for approving the increase of the share capital by
cash contribution of the parent company Romanian Power Gird Company „Transelectrica”–SA amounting to RON
2,919,430 representing reinvestment of 2009 dividends.
9. Setting the date of July 14 th , 2010 as registration date of the shareholders affected by the resolution of the
Shareholders’ Ordinary General Assembly.
10. Authorizing Mr. Adrian BAICUSI, in his position as Chairman of the Board of Directors to sign the Resolution of the
Ordinary General Meeting of the Shareholders, and the documents necessary for the registration and publication of
the Ordinary General Meeting of the Shareholders at the Commerce Register National Office of the Court in Bucharest.
In case the required quorum cannot be achieved on the fore-mentioned date, then the Ordinary General Shareholders’ Meeting
will be held on June 29th, 2010, 9,00 a.m. in the “Platinum Center” building, str. Olteni no. 2 – 4, sector 3, Bucuresti, 10 floor, hall
no. 1002 with the same agenda.
The proposed date of shareholders’ registration is July 14th, 2010, these being the shareholders falling under the effects of the
decision of the Ordinary General Shareholders’ Meeting and the date is going to be decided upon by the Ordinary General
Shareholders’ Meeting.
The decision draft of the Ordinary General Shareholders’ Meeting and the meeting documents and materials are available
beginning with May 28 th , 2010, in electronic format on the Company’s website (www.transelectrica.ro), page Investor relations /
Shareholders / General Shareholders’ Meeting, and they can be procured from the secondary office seated in Bucharest, “Platinum
Center” building, str. Olteni no. 2 – 4, sector 3, Bucuresti, weekdays from 08:00 – 15:00 h, beginning with May 28 th , 2010. The
special power of attorney forms will be available also in electronic format on the Company’s website starting from May 28 th , 2010
(www.transelectrica.ro)

Shareholders representing solely or jointly 5+% of the share capital have the right to:
- propose issues for the agenda of the condition that each item to bear a justification or a decision draft
proposed to be adopted by the general assembly within 15 days at most since the date of the call for
publication, June 4 th , 2010, respectively;
- submit decision drafts for the issues included or proposed to be included in the agenda of the general
assembly with at least one work day prior to the date of the general assembly organization June 4 th , 2010,
respectively, 9:00 a.m.;
- the aforementioned rights may be submitted exclusively in writing to Mr. Ionel Taranu, fax: 021.303.56.10 or
at the e-mail address: ionel.taranu@transelectrica.ro
Shareholders have the right to raise questions related to the items of the general assembly agenda and these questions
will be answered inclusively on the Company’s website. Questions will be sent by post or currier to the “Platinum Center” building,
str. Olteni no. 2 – 4, sector 3, Bucuresti) either by electronic format to the above mentioned e-mail address. To identify the persons
arising the questions, they are asked to send the applications having attached copies of their identification documents.
The shareholders registered as of the reference date may cast their vote by correspondence prior to the general assembly
date by using the correspondence vote form provided since May 28 th , 2010 on the Company’s website (www.transelectrica.ro)
page Investors and financial reports/AGA
The said forms (filled in by the shareholders and having attached an identity document copy of shareholder identity
document natural person/of the representative of the legal person, and for the legal persons, and a copy of the formal document
certifying the quality of the shareholder’s authorized representative) have to be submitted in the original by post or currier to the
“Platinum Center” building, str. Olteni no. 2 – 4, sector 3, Bucuresti, until June 25 th , 2010, 9:00 a.m.
The meeting shall be attended only by the shareholders registered as of the reference date of June 18 th 2010, in person
or being legally represented based on a special power of attorney as legally required. The special power of attorney shall be
submitted until June 25 th , 2010, 9:00 a.m. at the “Platinum Center” building, str. Olteni no. 2 – 4, sector 3, Bucuresti or shall be
electronically signed with an extended electronic signature as per the applicable Law no. 455/2001 referring to the electronic
signature, by e-mail to the address ionel.taranu@transelectrica.ro , and failure to do so falls under the sanction stipulated in the art.
125 par. (3) of the Law no. 31/1990, modified by the Law no. 441/2006. For further details please call 021 303 56 11.
Adrian BAICUŞI
DIRECTOR GENERAL
LANGUAGE DISCLAIMER: This document represents the English version of the original official Romanian document filed with the Romanian National Securities
Commission CNVM. The English version has been created for English readers’ convenience. Reasonable efforts have been made to provide an accurate
translation, however, discrepancies may occur. The Romanian version of this document is the original official document. Any discrepancies or differences created
in the translation are not binding. If any questions arise related to the accuracy of the information contained in the English version, please refer to the Romanian
version of the document which is the official version.
Sediu Social:
Bd. Gen. Gh. Magheru nr.33 RO-010325;
sector 1, Bucureşti