Klaipedos Nafta - Notification on material event

CORRECTION: SC Klaipedos Nafta preliminary transhipment and revenue results for the July 2015

The last paragraph of the text has been corrected.

During July 2015 SC Klaipedos nafta (hereinafter - “the Company”) reloaded 549
thousand tons of petroleum products into its storage tanks of Klaipeda oil
terminal and Subacius fuel base (SFB), i.e. greater by 3.8 percent compared to
July 2014, when 529 thousand tons were reloaded. 

Totally during the first seven month of 2015 the Company reloaded 3,877
thousand tons of petroleum products into its storage tanks, greater by 28
percent compared to the same period of 2014 when 3,028 thousand tons were
reloaded. The main reason for the transhipment volume growth in 2015 is the
larger volume of petroleum products delivered both from SC Orlen Lietuva
refinery and from Belarus refineries. 

During July 2015 in the Liquefied Natural Gas (LNG) Terminal of the Company 326
thousand MWh (total during the first seven months of 2015 - 2,966 thousand MWh)
of the natural gas were re-regasified and supplied to the natural gas
transmission system (this activity started to be carried out on 27 November
2014). 

The preliminary sales revenues of the Company's Oil terminal and Subacius fuel
base for July 2015 comprise EUR 3.1 million (LTL 10.7 million); greater by 14.8
percent compared to July 2014 (i.e. EUR 2.7 million or LTL 9.3 million). 

The preliminary sales revenues of the Company's LNG Terminal for July 2015
comprise EUR 5.4 million (LTL 18,6 million), which is equal to the one twelfth
of the sum of necessary LNG Terminal operation costs and return on investments
into LNG Terminal infrastructure for the year 2015, approved by the National
Commission for Energy Control and Prices. 

The preliminary sales revenues for the first seven months 2015 of SC Klaipedos
Nafta oil terminal and SFB comprise EUR 24.6 million (LTL 84.9 million) and are
greater by 26.8 percent compared to the same period of 2014 (EUR 19.4 or LTL
67.0 million). 

Total preliminary revenue revenues for the first seven months of 2015 of the
Company comprise EUR 62.4 million (LTL 215.5 million) while for the same period
of 2014 it comprised EUR 19.4 million (LTL 67.0 million). 


         Marius Pulkauninkas, Director of Finance and Administration
Department, tel. 8 46 391763