LITGRID - Notification on material event

Decisions adopted at the extraordinary general meeting of shareholders of Litgrid AB on 12 June 2014

Vilnius, Lithuania, 2014-06-13 14:19 CEST (GLOBE NEWSWIRE) -- The following
decisions were adopted at the extraordinary general meeting of shareholders of
Litgrid AB (legal entity code: 302564383, legal form: public limited liability
company, registered head office address: A. Juozapavičiaus g. 13, Vilnius,
Vilnius City Municipality, Republic of Lithuania; data is collected and stored
in the Division of Registration of Legal Entities of the State Enterprise
Centre of Registers, Vilnius Branch), held on 12 June 2014: 

  1. Regarding the transfer of the shares of Baltpool UAB.

DECIDED:




To assign to the Board of Litgrid AB to evaluate and pass a decision regarding
further purposefulness of the control of the shares of its subsidiary Baltpool
UAB (legal entity code: 302464881, registered head office address: A.
Juozapavičiaus g. 9-3, Vilnius), analyse the possibilities of transfer of the
shares of Baltpool UAB, adopt decisions regarding the best scenario(s) and
proposed actions as well as their economic conditions, and present the
decisions passed by the Board to the general meeting of shareholders of Litgrid
AB for approval or disapproval, if these decisions fall within the competence
of the general meeting of shareholders of Litgrid AB. 



Information on the abovementioned decisions is also published on the website of
Litgrid AB at http://www.litgrid.eu and provided in the office of Litgrid AB,
at A. Juozapavičiaus g. 13, Vilnius, during working hours (7:30-11:30 and
12:15-16:30; 7:30-11:30 and 12:15-15:15 on Fridays). 


         Laura Šebekienė
         Communications Manager
         Ph. + 370 693 65377,
         Email: laura.sebekiene@litgrid.eu