Press release

Based on Decision no. 3 of the General Ordinary Assembly of Shareholders, held on April 27th, 2010, The National Natural Gas Transmission Company TRANSGAZ SA – headquartered in Medias, no. 1, C.I. Motas Sq., Sibiu County, Commercial Registration no. J32/301/2000, CIF RO 13068733, notifies the payment thorugh the bank units BRD GROUPE SOCIETE GENERALE, to the shareholders registered on May 17th, 2010, that gross dividends related to the financial year 2009, of Lei 13.02/share, in gross amount of Lei 153,295,448,.88 shall be paid as of July 15th, 2010, as follows:

Under Art. 227 of amended Law no.297/2004 on capital market and Art. 113, case D, paragraph 2 of Regulation no. 1/2006 of the Romanian National Securities Commission on security issuers and operations, amended by Regulation no. 31/2006 of the Romanian National Securities Commission, TRANSGAZ notifies all interested parties that the QUARTERLY REPORT for the 1st semester, 2009, is available as of August 7th, 2009, as follows:

• In soft copy – on TRANSGAZ website, at www.transgaz.ro (link – Shareholding, periodic reports – quarterly reports
• In hard copy – at TRANSGAZ head office, in Medias no. 1, C.I. Motas Sq., county of Sibiu – Shareholding and Capital Market Department

As technical operator of the National Transmission System SNTGN TRANSGAZ MEDIAŞ must ensure the secure and effioient transmission of the natural gas taken at the inlet points from the producers and from the storage operators, and respectively at the cross-border import points to the delivery points - to the supply operators - and has no rîght to proceed to commercîal operations with this natural gas.

On November 20th, 2008 the natural gas transmission companies had a meeting in Budapest for discussing the measures which should be taken in order to create a more liquid gas market in Central and S-E Europe, NETS Project regarding the European energy infrastructure.

At Mr. Constantin Grigore’s invitation, as Romanian ambassador to Russia, ROMGAZ and TRANSGAZ Director Generals, Mr. Francisc TOTH and Mr. Ioan RUSU, attended a meeting with the management of OAO GAZPROM, represented by Mr. Alexei MILLER, chairman and Mr. Alexander MEDVEDEV, Chief Executive Officer of OOO GAZPROM EXPORT, on October 16th, 2008, in Moscow. Within this meeting the following topics were discussed: gas imports to Romania based on a direct relationship with the Russian company, underground gas storage in Romania and extension of the co-operation on Russian gas transit on the Romanian territory, without any express mentioning of a certain project or of an opportunity to develop relationships to this effect.

Gas Workers’ Days are customarily celebrated each second Friday of September. TRANSGAZ gives special attention to such anniversary holding a series of events during September 12th – 19th, 2008. Gas workers’ days celebrate the pleasure and contentment in playing a part in the large and noble family of those labouring over the Gas Industry in order to ensure a source of heat, welfare and development. Already a tradition, the events assigned to such celebration, are held annually within the mid of September. This year, during September 12th – 19th, 2008, we shall witness and participate in a chain of occupational, sports and cultural actions. To crown the whole, the celebration shall end in a barbeque party on Greweln plateau, near Medias – the host town of the two National Gas Companies: TRANSGAZ and ROMGAZ, where gas workers and various business partners of the two companies, as well as officials of the Ministry of Economy and Finance shall gather together.

On the occasion of “The Gas Workers’ Day” to be celebrated on September 12th, 2008, TRANSGAZ management and the Trade Unions thereof seize such opportunity to express their warmest thoughts and good wishes and thanks to all employees contributing, over the years, by their professionalism, earnestness, and determination to the prestige of the Romanian gas sector; and last but not least to all domestic and foreign partners for their kind, fruitful and close co-operation with TRANSGAZ on the most diversified fields.
Hoping our message shall trim this anniversary with joy, we would like to bid all gas personnel

MANY HAPPY RETURNS OF THE DAY!

Ioan RUSU Director General

Under Article 227 of Law no. 297/2004 on the capital market and under Article 113, case d), paragraph 2 of amended Regulation no. 1/2006 of the Romanian National Securities Commission, TRANSGAZ notifies all interested parties that the SEMESTRIAL REPORT for the 1st semester, 2008, is available as of August 14th, 2008, as follows: - In soft copy – on TRANSGAZ website, at www.transgaz.ro 
- In hard copy – at TRANSGAZ headquarters, in Medias no. 1, C.I. Motas Sq., county of Sibiu – Shareholding and Capital Market Department 
The above-mentioned semestrial report consists of the following: 
-    Statement of assets, liabilities and equity as at June 30th, 2008; 
-    Profit and loss account as at June 30th, 2008; 
-    Statement of the company’s management on the financial statements for the 1st semester 2008.

The National Gas Transmission Company – TRANSGAZ, Romania and FGSZ Natural Gas Transmission Ltd., Hungary signed A Development Agreement for the Construction of the Szeged – Arad Interconnection Pipeline.
Based on the Memorandum of Understanding signed between the two companies, FGSZ Ltd. invites all interested parties to participate in the Open Season process to be launched on August 5th, 2008 for the selling of 180,000 cm/h capacity on the Hungarian section of the interconnection pipeline. 
The bidders are kindly asked to notify FGSZ Ltd. of the necessary capacity for the period January 1st, 2010 – July 1st, 2030. The deadline for bid submission is September 3rd, 2008 and the awards shall be communicated on September 10th, 2008.

In the press release which was sent on 23 July 2008 we have written: The Financial Statements for the year 2007 were prepared by the PricewaterhouseCoopers’s Audit SRL, in accordance with International Financial Reporting Standards (IFRS).
The express "prepared by" is wrong. 
Please be so kind and read the correct text of this press release as follows: 
Starting on 23 July 2008, on the web site of SNTGN TRANSGAZ SA Mediaş, to the address www.transgaz.ro, are available the Financial Statements for the year ended on 31 December 2007, prepared in accordance with International Financial Reporting Standards and audited by the Pricewaterhouse Coopers’s Audit SRL, of the financial auditor.