Klaipedos Nafta AB - Notification on material event

CORRECTION: Regarding draft resolutions of the Ordinary General Meeting OF SHAREHOLRERS to be convened on 27 April 2012

attached general ballot paper

On 26 April 2012 SC Klaipedos Nafta (hereinafter - Company)  received  a
proposal from the Ministry of Energy of the Republic of Lithuania (hereinafter
referred to as the Shareholder), that  executes the rights of the Shareholder-
the Republic of Lithuania that owns 241 544 426 (two hundred forty one million
five hundred forty four thousand four hundred twenty six) ordinary registered
shares with the par value of LTL 1 (one), making 70,63 per cent of the total
amount of the Company's shares, on an alternative draft resolution of the issue
on the agenda of the ordinary registered meeting of shareholders of the Company
to be convened on 27 April 2012 

Following paragraphs 3 and 4 of Article 25 of the Law on Companies of the
Republic of Lithuania, the Shareholder as the person exercising the right to
propose draft resolutions of the Company's General Meeting, holding shares that
grant at least 1/20 of all the votes, proposes to approve the following draft
resolution of the third item on the agenda of the Meeting ”Appropriation of the
Company's profit for the year 2011”: 



                                                            in LTL  In EUR      
                                                          thousand   thousand   
--------------------------------------------------------------------------------
Profit (loss) brought forward at the end of the             25.973         7.522
 previous financial year                                                        
--------------------------------------------------------------------------------
Net profit (loss) of the financial year                     45.253        13.106
--------------------------------------------------------------------------------
Transfers from other reserves into profit (loss) to         44.316        12.835
 be appropriator                                                                
--------------------------------------------------------------------------------
Profit (loss) to be appropriated in total                  115.542        33.463
--------------------------------------------------------------------------------
Part of the profit allocated to legal reserves               3.561         1.031
--------------------------------------------------------------------------------
Part of the profit allocated to the own shares              55.000        15.929
 acquiring reserve                                                              
--------------------------------------------------------------------------------
Part of the profit allocated  for dividend payment          56.981        16.503
--------------------------------------------------------------------------------
Profit (loss) brought forward at the end of the                  0             0
 financial year                                                                 
--------------------------------------------------------------------------------

 Dividend part per share LTL 0,17 (EUR 0,49)








         Mantas Bartuska, Finance Director, 846 391 763

Attachments:

Balsavimo biuletenis 12 04 27 VAS EN.pdf