BT GENERAL SHAREHOLDERS MEETING
- Conclusions and lines of action -

During the General Shareholders Meeting (GSM) which took place in April 29, 2009 in Cluj-Napoca, Banca Transilvania's Board of Directors and Executive Management Committee presented BT's achievements in 2008, as well as objectives for the year in progress.

Horia Ciorcil?, President of Banca Transilvania's Board of Directors, stated: "Even though 2008 was an atypical, turbulent year, Banca Transilvania maintained a balanced evolution, adapted and attained positive financial results. We were more prudent and focused even further on a sound provisioning policy and on consolidating the business. We continued to receive support from solid financial institutions, such as the EBRD, IFC - a member of the World Bank Group and DEG. Even though it was a challenging year, we did well and our results are above market average."

During the Ordinary General Meeting, shareholders, either present or mandated, accounted for 60,224% of share capital, respectively 638.201.576 shares. During the Extraordinary General Meeting, shareholders who were either present or mandated, accounted for 55,3% of share capital, respectively 586.048.123 shares.

Approvals of the Ordinary General Meeting

During the Ordinary General Meeting, the following were approved: annual financial statements (individual and consolidated) for 2008; proposals regarding profit distribution and payment of dividends for 2008; discharging administrators for the 2008 financial exercise; the Investment program and Business plan for 2009, as well as remuneration of administrators.

Approvals of the Extraordinary General Meeting

One of the most important points on the Agenda, approved by the EGM, was to extend the shareholding threshold from 5% to 10%, representing the maximum share percentage that a shareholder may hold within the bank's share capital, based on GSM approval and in accordance with legal requirements.

Moreover, the registration date was set for May 20, 2009. This registration serves to identify shareholders who should benefit from dividends or other rights, and who are affected by GSM Decisions.

2009, Year of Resistance

Banca Transilvania will further consolidate its business, building on its strengths: customer base, network, staff, as well as wide products and services range, some of these products and services being considered real market groundbreakers. BT priorities for 2009 are: maintaining a rigorous provisioning policy and an enhanced cost control, while focusing on operational proficiency, aimed at streamlining BT's role as payment center. Banca Transilvania will invest over 10 million EUR for business development in 2009.

Through its qualitative and quantitative targets for this year, BT aims to adjust to the international context and to take advantage of every opportunity that 2009, the Year of Resistance, may bring forth.