Klaipedos Nafta AB - Notification on material event

CORRECTION: SC Klaipedos nafta Regarding Extraordinary General Meeting of Shareholders

Corrected: attachment "Biuletenis AN.doc" has been corrected.



On the initiative of and following resolution of the Management Board of SC     
 Klaipėdos Nafta, the Extraordinary General Shareholders' Meeting of the Company
 will be convened on 27 July 2011 at 11.00 The Meeting will take place at the   
 Company's premises at Burių 19, Klaipėda.                                      
The Agenda of the Meeting is as follows:                                        
1. Regarding the approval of the Financial Statements for the year 2010.        
2. Regarding the appropriation of the Company's profit (loss) for the year      
2010.                                                                           
3. Regarding the approval of the resolution of the Management Board of SC       
Klaipėdos Nafta to conclude an Agreement with the winner of the tender          
organized according to the procedure of the publicized negotiations for the     
procurement of the Lead Adviser's services.                                     
The following draft resolutions are being proposed:                             
1. „To approve the audited Financial Statements for the year 2010, prepared in  
 accordance with the International Financial Reporting Standards”               
2. „As appropriation of the Company's profit (loss) during the Extraordinary    
 General Shareholders' Meeting could breach the Law of Joint Stock Companies, to
 postpone the decision regarding the appropriation of the Company's profit      
 (loss) for the year 2010 until the General Shareholders' Meeting will be held  
 by carrying over profit (loss) to the next financial year Appendix No 1        
 (Attached) ”.                                                                  
3. „To approve to the conclusion of the Services Agreement with the company     
 Fluor S. A. - the winner of the tender organized according to the procedure of 
 the publicized negotiations for the procurement of the Lead Advisor's services 
 for preparation and implementation of liquefied natural gas terminal's project.
The shareholders are registered from 10.00 to 10.45 local time. The participants
 attending the Meeting shall provide a personal identification document (an     
 authorized representative - a proxy certified in accordance with the           
 established procedure. The proxy issued by a natural person shall be notarized.
 The proxy issued in a foreign country shall be translated into the Lithuanian  
 language and legalized in accordance with the procedure established by the     
 laws).                                                                         
A shareholder or his/her authorized person shall have the right to vote in      
 advance in writing by filling in the general ballot paper. Upon the request of 
 the shareholder, the Company shall send the general ballot paper by registered 
 post free of charge at least 10 days before the General Shareholders' Meeting. 
 The filled-in general ballot paper and the document certifying the right to    
 vote shall be submitted to the Company not later than on the last working day  
 before the General Shareholders' Meeting by registered post to the             
 aforementioned address of the Company.                                         
The company will not provide an opportunity to participate and vote at the      
 Meeting by using electronic means of communication.   
The record date of the Meeting shall be 20 July 2011 (the right to attend and   
 vote at the General Shareholders' Meeting shall be granted only to those       
 persons who were shareholders at the end of the record date of the General     
 Meeting or their authorized persons, or persons with whom an agreement on      
 transfer of the voting right has been concluded).                              
The record date of the Shareholders' rights shall be 10 August 2011 (the        
 property rights shall be provided to those persons who were shareholders at the
 end of the 10th day after the respective decision adopting General             
 Shareholders' Meeting).                                                        
Implementation procedures of the shareholders' rights stated in sub-paragraphs  
 1, 2 and 3 of paragraph 1 of Article 26-1 of the Law on Companies are presented
 on the Company's website.                                                      
The Company's shareholders will be able to get familiar with draft resolutions  
 of the Meeting and additional material, the form of the general ballot paper,  
 in accordance with the procedure prescribed by laws on website www.oil.lt of   
 the Company or at the Company's office premises Burių 19, Klaipėda, Enterprise 
 code 110648893, phone No.(8-46) 391626, Irena Barauskaitė - Gaižiūnienė.       




         Johana Bučienė

Attachments:

Biuletenis_AN.doc

IFRS_2010_KN_EN_FINAL.zip

Pelno_sk_2010_AN.xls