Lietuvos energija, AB - Notification on material event

Regarding the agenda and proposed draft resolutions of ordinary general meeting of shareholders of Lietuvos energija, AB

Elektrenai, Lithuania, 2013-04-04 11:13 CEST (GLOBE NEWSWIRE) -- By the
initiative and resolution of the Board of Lietuvos energija, AB (company code
302648707, registered office at Elektrinės st. 21, Elektrėnai), an ordinary
general meeting of shareholders of Lietuvos energija, AB (hereinafter referred
to as the Company) is convened on 30 April 2013. 

The ordinary general meeting of shareholders of the Company will take place at
Elektrinės st. 21, Elektrėnai, Republic of Lithuania. The meeting will start at
9.00 a.m. on 30 April 2013. Start of registration of shareholders: at 8.30 a.m.
on 30 April 2013. End of registration of shareholders: at 8.55 a.m. on 30 April
2013. 

23 April 2013 is the day of identification of shareholders for the purposes of
the ordinary general meeting of shareholders of Lietuvos energija, AB. Only
those persons who are shareholders of the Company as of the end of the said
identification date are entitled to attend and vote at the ordinary general
meeting of shareholders of the Company. 

The agenda and the proposed draft resolutions of the ordinary general meeting
of shareholders of Lietuvos energija, AB: 

1. Presentation of the Consolidated Annual Report of Lietuvos energija, AB and
its subsidiaries for financial year 2012. 

“Approve of the Consolidated Annual Report of Lietuvos energija, AB and its
subsidiaries for financial year 2012 (enclosed). “ 

2. Approval of the Financial Statements of Lietuvos energija, AB for 2012 and
the Consolidated Financial Statements of Lietuvos energija, AB for 2012. 

“Approve the Financial Statements of Lietuvos energija, AB and the Consolidated
Financial Statements of Lietuvos energija, AB for 2012, audited by
“PricewaterhouseCoopers” UAB, the Company‘s auditor (enclosed). “ 

3. Allocation of profit / loss of Lietuvos energija, AB for 2012.

“Approve the allocation of profit of Lietuvos energija, AB for 2012 (enclosed).“

4. Concerning election of Member of the Board of Lietuvos energija, AB

„Elect [first name and surname] (personal ID No. and place of residence not
subject to disclosure) as Member of the Board Lietuvos energija, AB from the
date of adoption of this decision until the end of the term of office of the
present Board. “ 

5. Concerning the pledge of the property created during the Project of the
construction of the 455 MW Combined-Cycle Gas Turbine Unit. 

„5.1. In order to guarantee the fulfillment of the obligations (including the
payment of penalties and damages) laid down in Loan agreement dated 31 March
2010, No 10-021291-IN with all the amendments thereto (the Agreement),
concluded between AB Lietuvos elektrinė, which all the rights and obligations
took over the Lietuvos energija, AB, and Swedbank AB, SEB Bank, Nordea Bank
Finland plc, DnB Bank and Danske Bank A/S, to agree to pledge any property
(immovable property, movable property, property rights and other movable
property), owned by Lietuvos energija, AB, but not in greater extent than it is
indicated in the Agreement and its subsequent amendments. 

5.2. In order to guarantee the fulfillment of the obligations (including the
payment of penalties and damages) laid down in Loan agreement dated 18 February
2010, No 40324 with all the amendments thereto (the Agreement), concluded
between AB Lietuvos elektrinė, which all the rights and obligations took over
the Lietuvos energija, AB, and European Bank for Reconstruction and
Development, to agree to pledge any property (immovable property, movable
property, property rights and other movable property), owned by Lietuvos
energija, AB, but not in greater extent than it is indicated in the Agreement
and its subsequent amendments.” 

All statutory information related to the convened ordinary general meeting of
shareholders and annexes to issues on the agenda of such meeting shall be
announced on the website of the Company (http://www.le.lt) and in the home page
of NASDAQ OMX Vilnius following the procedure established by the law. 

A shareholder or his authorised representative shall have the right to vote in
writing in advance (by filling the general ballot papers). If the shareholder
entitled to vote or his duly authorised representative requires so in writing,
the Company shall prepare the general ballot papers and send them by registered
mail or deliver to the shareholder against signed acknowledgement of receipt at
least 10 days prior to the ordinary general meeting of shareholders. The
general ballot papers shall also be provided on the website of the Company
(http://www.le.lt), in section For Investors. The filled in and signed general
ballot papers supported by the document certifying the voting right may be sent
to the Company by registered mail or delivered to Elektrinės st. 21,
Elektrėnai, by the closing (16.30 p.m.) of the working day of 29 April 2013. 

The Company shall reserve the right not to include the advance vote of a
shareholder or his authorised representative, if the submitted general ballot
papers do not conform to the provisions of Article 30(3) and (4) of the Law on
Companies of the Republic of Lithuania or they are received after the end of
deadline or filled in such manner that it is impossible to establish the true
will of the shareholder regarding the individual issue. 

Persons shall have the right to vote under the authorisation in ordinary
general meeting of shareholders. An authorisation shall state in a written
document that one person (the principal) grants to another person (the
authorised representative) the right to represent the principal in establishing
and maintaining relation with the third party. An authorisation to perform
actions on behalf of a natural person that pertain to legal entities must be
notarised, except in cases provided by the law and authorising the granting an
authorisation in any other form. Authorised representatives must hold a
personal identity document and an authorisation certified as provided by the
law, which must be submitted by the closure of the registration of shareholders
for ordinary general meeting of shareholders. The authorised representative
shall enjoy the same rights in convened general meeting of shareholders as his
represented shareholder would. 

Shareholders entitled to attend ordinary general meeting of shareholders shall
have the right to authorise a natural person or a legal entity using electronic
means of communication to attend and vote on his behalf at an ordinary general
meeting of shareholders. Such authorisation does not need to be notarised. The
Company shall acknowledge authorisation granted by electronic means of
communication only if the shareholder signs it by electronic signature
generated by safe generation software and certified by a qualified certificate
applicable in the Republic of Lithuania, i.e. if the security of the conveyed
information is ensured and the identity of the shareholder can be established.
The shareholder must notify the Company in writing about  granted authorisation
by electronic means of communication by sending an authorisation by e-mail to
info@le.lt by the closing (16.30 p.m.) of the working day of 29 April 2013. 

Electronic means of communication shall not be used for the participation and
voting at ordinary general meeting of shareholders. 


         Ernesta Dapkienė
         Head of Corporate Communications
         Tel. +370 528 33696
         ernesta.dapkiene@le.lt

Attachments:

LE 2012 consolidated annual report and consolidated and companys financial statements.pdf

LE 2012 profit loss distribution project.pdf