LITGRID - Notification on material event

Price cap for electricity transmission rate set

Vilnius, Lithuania, 2015-01-20 09:18 CET (GLOBE NEWSWIRE) -- On 19 January
2015, the National Control Commission for Prices and Energy (hereinafter - the
Commission) set the price cap of 0,6204 EUR ct/kWh (2,1421 EUR ct/kWh) for
electricity transmission rate with effect from January 1st, 2016. 

Since the Commission did not contact electricity transmission system operator
Litgrid with regard to data, required for setting the price cap for the period
of 2016-2020, Litgrid has reasonable doubts whether the said price cap was set
using the correct data. Litgrid will examine the potential impact of the
Commission's set rate on company's operations and ongoing projects. 



Vilija Railaitė
Head of Communications
Phone +370 5278 2361
Mobile +370 613 19977
E-mail vilija.railaite@litgrid.eu