Klaipedos Nafta AB - Notification on material event

CORRECTION: AB Klaipedos nafta and AB Orlen Lietuva has signed a Memorandum of Understanding for the construction of a product pipeline

On 30 October 2013 AB Klaipedos nafta (hereinafter - the Company) and AB Orlen
Lietuva signed a Memorandum of Understanding for the construction of a product
pipeline which spans from the refinery in Mazeikiai to the oil terminal
operated by the Company in Klaipėda. 

This Memorandum enables both companies to start formal negotiations on the
product pipeline project feasibility, timing, loading capacities,
technological, logistical and economic conditions. 




         Mantas Bartuška, Director of Finance and Administration Department,
+370 46 391 763