Lietuvos energijos gamyba, AB - Notification on material event

Regarding the Extraordinary General Meeting of Shareholders of “Lietuvos Energijos Gamyba”, AB

Elektrėnai, Lithuania, 2014-10-29 15:30 CET (GLOBE NEWSWIRE) -- “Lietuvos
Energijos Gamyba”, AB (company code 302648707, registered office at Elektrinės
st. 21, Elektrėnai, the Company), informs that on 28 October, 2014 the Company
received notice from Mr Liudas Liutkevičius, Member of the Supervisory board
regarding the resignation from the duties of member of Supervisory Board of the
Company. Taking this into consideration, by the initiative of the “Lietuvos
Energija”, UAB, shareholder, which controls 96, 13 % of the Company shares, of
the the Company and by the resolution of the Board of the Company, an ordinary
general meeting of shareholders of the Company is convened on 20 November,
2014. 

The Extraordinary General Meeting of shareholders of the Company will take
place at Elektrinės st. 21, Elektrėnai, Republic of Lithuania. 

The meeting will start at 10.00 a.m. on 20 November, 2014.

The start of registration of shareholders: at 09.30 a.m. on 20 November, 2014.

End of registration of shareholders: at 09.55 a.m. on 20 November, 2014.

The record date of Extraordinary General Meeting is 13 November 2014. Only
those persons who are shareholders of the Company as of the end of the said
record of the shareholders date are entitled to attend and vote at the
Extraordinary General Meeting of shareholders. 



The agenda and the proposed draft resolution by “Lietuvos Energija”, UAB of the
Extraordinary General Meeting of shareholders of the Company: 

1. Regarding election of the member of the Supervisory Board of “Lietuvos
Energijos Gamyba”, AB. 

The proposed draft decision:  „1.1. To elect Mr Mindaugas Keizeris (personal ID
No. and place of residence not subject to disclosure)  as Member of the
Supervisory Board of „Lietuvos Energijos Gamyba“, AB until the end of the term
of office of the present  Supervisory Board. 1.2. To authorize Chief Executive
Officer of the “Lietuvos Energijos Gamyba”, AB to sign agreement on duties and
security of confidential information with newly appointed Member of the
Supervisory Board“. 



All legal information related to the held Extraordinary General Meeting of
shareholders and annexes  of the agenda of this meeting shall be announced on
the website of the Company (http://www.gamyba.le.lt) and in the home page of
NASDAQ Vilnius following the procedure established by the laws. 

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 Extraordinary General Meeting of shareholders. The
general ballot papers shall also be provided on the website of the Company
(http://www.gamyba.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, o A. Juozapavičiaus st. 13, Vilnius, by the closing (16.30 p.m.) of
the working day of 19 November, 2014. 

The Company shall reserve the right not to include the early 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 Extraordinary
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 Extraordinary 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 Extraordinary 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
Extraordinary 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 19 November, 2014. 

Electronic means of communication shall not be used for the participation and
voting at Extraordinary General Meeting of shareholders. 


         Valentas Neviera, Head of Corporate Communication Division, tel. +370
5 278 2908, e-mail. valentas.neviera@le.lt