TERNA ENERGY FINANCE SOCIETE ANONYME (the "Company"), 100% subsidiary of TERNA ENERGY S.A., announces its decision to prepay the total nominal value of the bonds issued and disposed through a public offer, pursuant to the Bond Loan Program dated 12.07.2017 of up to € 60,000,000 and the Bondholder Agency Agreement (the "Program").

The prepayment will take place on Monday, July 22, 2019, pursuant to article 4 of the Program (Prepayment). As part of the prepayment and as provided for in the Program, the following payments shall be made: a) the total nominal value of the bonds, i.e. € 1,000 per bond; (b) the accrued interest up to 22 July 2019 per bond; and (c) an additional prepayment amount equal to 1% of the nominal value of the prepaid bonds. Therefore, for each bond with a nominal value of € 1,000, the bondholder will receive a total amount of € 1,029.4638 analyzed as follows: € 1,000 nominal value, € 19.4638 interest and € 10 additional prepayment amount.

As stated by the Management of TERNA ENERGY SA during the Shareholders' General Assembly on June 5, 2019, the issue of a new corporate bond loan, to be listed at the Athens Exchange, amounting from € 120 mil. to € 150 mil., is currently under consideration.

In case the Company issues this corporate bond loan at the time of Prepayment, in conformity with the existing legal and regulatory framework, the ability of the existing pre-paid bondholders to subscribe for this new bond by using the pre-paid funds (roll-over) is also under consideration.

For the description of the process further announcements by the Company shall follow.