LITGRID AB - Notification on material event

Concerning appointment of the electricity transmission system operator

Vilnius, Lithuania, 2013-04-26 15:14 CEST (GLOBE NEWSWIRE) -- On 26 April 2013,
the National Control Commission for Prices and Energy verified that the
unbundling of transmission activities of LITGRID AB are in compliance with the
requirements for transmission system operators independence set forth in the
European Union's Third Energy Package and the Law on Electricity of the
Republic of Lithuania, and that LITGRID AB may be appointed electricity
transmission system operator. 

The National Control Commission for Prices and Energy will inform the European
Commission about its decision and will submit supporting documents. Upon
receiving a positive conclusion from the European Commission, or not receiving
a negative conclusion, the National Control Commission for Prices and Energy
will make a final decision on appointment of transmission system operator.
Should the European Commission present objections, the final decision would be
made within two months after the transmission system operator eliminated them. 












         Vilija Railaitė
         Director of Corporate Affairs Department
         phone +370 613 19977,
         e-mail vilija.railaite@litgrid.eu