2012-10-05 13:31:28 CEST

2012-10-05 13:32:27 CEST


REGULATED INFORMATION

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LESTO AB - Notification on material event

Regarding the electricity distribution price caps and supply service price cap for 2013


Regarding the electricity distribution price caps and supply service price cap
for 2013 

Vilnius, Lithuania, 2012-10-05 13:31 CEST (GLOBE NEWSWIRE) -- On 5 October 2012
the National Control Commission for Prices and Energy approved electricity
distribution price caps for 2013: 

  •    in medium - voltage networks 4,747 ct/kWh or 1,37 EUR cents/kWh;

  •    in low - voltage networks 6,219 ct/kWh or 1,80 EUR cents/kWh.

Currently electricity distribution price cap in medium-voltage networks is 4,88
ct/kWh or 1,41 EUR cents/kWh, in low-voltage networks - 6,41 ct/kWh or 1,86 EUR
cents/kWh. 

In 2013, changes in principals of Public Service Obligations taxation will
affect Company's variable costs. There will be no significant impact on
Company's financial results, because of reduced distribution price cap. 



On 5 October 2012 the National Control Commission for Prices and Energy
approved public supply service price cap for 2013: 

  •    public supply service 0.49 ct/kWh or 0.14 EUR cents/kWh.

Currently public supply service price cap is 0.44 ct/kWh or 0,13 EUR cents/kWh.

Public supply service cap is rising due to expectations of lower electricity
sales in 2013.  There will be no significant impact on Company's financial
results. 


         Representative for Public Relations Ernestas Naprys, Tel. No (8~5) 251
4516