LITGRID AB - Notification on material event

Resolutions Adopted on June 20, 2012 at the Extraordinary General Shareholders Meeting of LITGRID AB

Vilnius, Lithuania, 2012-06-20 14:07 CEST (GLOBE NEWSWIRE) -- On June 20, 2012
during the Extraordinary General Shareholders Meeting of LITGRID AB (legal
entity code - 302564383, legal status - public company, registered address: A.
Juozapavičiaus g. 13, Vilnius city, Vilnius city municipality, the Republic of
Lithuania, data about the company are collected and stored at Vilnius branch of
VĮ Registrų Centras, Division of Registry of Legal Entities), the following
resolution was adopted: 

  1. Regarding the appointment of the auditor of LITGRID AB and setting of
     payment conditions for the auditor's services in 2012.

RESOLUTION ADOPTED:

To select the audit firm PricewaterhouseCoopers UAB for the performance of
audit of financial statements 2012 (including consolidated financial
statements) of LITGRID AB and to define the remuneration of not more than
70,000 (seventy thousand) litas, not including VAT, for the performance of the
said audit services, which shall be paid within 60 (sixty) days upon issuing of
an invoice. 

Information about aforementioned decision is also available on the website of
LITGRID AB at http://www.litgrid.eu as well as at the headquarters of LITGRID
AB (A. Juozapavičiaus str. 13, Vilnius) during business hours (7.30-11.30 a.m.
and 12.15-4.30 p.m.; 7.30-11.30 a.m. and 12.15-3.15 p.m. on Fridays). 


         Laura Šebekienė
         Head of Communications
         Ph. + 370 693 65377,
         Email: laura.sebekiene@litgrid.eu