Kauno Tiekimas AB - Notification on material event

Draft resolutions extraordinary meeting

DRAFT RESOLUTIONS                                
        AB Kauno Tiekimas Extraordinary Meeting to be held on 26-06-2009        

Item One                                                                        
1. CONSIDERED. On having the shares of the company removed from AB NASDAQ OMX   
Vilnius Stock Exchange Secondary List.                                          
Speakers: Chairman of the Board Igor Gončaruk and General Director, Board Member
Irena Keblerienė.                                                               
Due to passive trading and a small number of shares circulating at the Stock    
Exchange the Extraordinary Meeting shall be suggested to pass a resolution on   
having the shares of the company removed from AB NASDAQ OMX Vilnius Stock       
Exchange Secondary List.                                                        
RESOLVED:                                                                       
To have the shares of the company removed from AB NASDAQ OMX Vilnius Stock      
Exchange Secondary List.                                                        
Votes: “for” ______, “against______, “abstained” ______                         

Item Two                                                                        
2. CONSIDERED. On appointing a person who shall announce a mandatory tender     
offer.                                                                          
Speaker: Chairman of the Board Igor Gončaruk.                                   
In pursuance of Part 2 Article 31 of the Law on Securities of the Republic of   
Lithuania, I hereby declare that I personally assume the obligation of buying up
the company shares. I ask the Meeting to approve me as a person who will        
announce the mandatory tender offer.                                            
RESOLVED:                                                                       
To approve Igor Gončaruk as a person who will announce the mandatory tender     
offer.                       
Votes: “for” ______, “against______, “abstained” ______                         

Item Three                                                                      
3. CONSIDERED. Remuneration for auditing services                               
Speaker: General Director of the Company Irena Keblerienė.                      
After the shares are removed from Vilnius Stock Exchange Secondary List, the    
Board of the Company suggests audit firm UAB Auditorių Biuras to be paid        
LTL20,000 plus VAT for auditing services in 2009.                               
RESOLVED:                                                                       
After the shares are removed Vilnius Stock Exchange Secondary List, the audit   
firm UAB Auditorių Biuras shall be paid LTL20,000 (twenty thousand litas) plus  
VAT for auditing services in 2009.                                              
Votes: “for” ______, “against______, “abstained” ______