Lietuvos Energija AB - Notification on material event

The extraordinary general shareholders meeting was convened on 8 July 2008

At the extraordinary general shareholders meeting of Lietuvos Energija AB
(company code 220551550) convened on 8 July 2008, the following resolutions
were passed: 

1. To revoke the Board of the company;

2. To elect the following persons as the members of the Board for a four-year
tenure: 
Darius Masionis,Rimantas Šukys and Petras Povilas Škiudas .  
3.To revoke the resolution passed at the ordinary general shareholders meeting
convened on 29 April 2008 regarding selection of an audit company and setting
the terms and conditions of payment for the audit services. 

4.1 To set the terms and conditions of the agreement to be concluded with the
Chairman and the members of the Board. 
4.2. To appoint Rymatas Juozaitis to act as an authorized person in signing on
behalf of the company the agreements with the newly elected Chairman and
members of the Board. 
Ona Garniene
Leading economist
Phone +370 5 2782457