Kauno Energija AB - Notification on material event

Regarding the selling procedures of subsidiary

 The Management Board of AB Kauno Energija, performing functions of the sole
shareholder of UAB Pastatų Priežiūros Paslaugos (company code300580563),
allowed administration to start selling procedures of 100 of ordinary shares of
UAB Pastatų Priežiūros Paslaugos (the nominal value of the share is LTL 100). 

  The Management Board of AB Kauno Energija made this decision considering
provisions of the Law on Change and Addition of the Chapters 2, 3, 20, 22, 28
and 31 of the Law on Heat Sector of the Republic of Lithuania of 20 May 2003,
the main essence of which is to dissociate maintenance of buildings' heating
and hot water systems from heat production and supplies. 

Starting from July 1, 2012 and according to these provisions “heat supplier or
persons related with heat supplier with job relations or supplying goods, or
providing facilities to heat supplier are not able to be a supervisors
(operators) of heating and hot water systems” in blocks of flats. This
prohibition is not applicable for supervision of heating and hot water systems
in blocks of flats situated in populated localities with less than 50,000
inhabitants according to the Lithuanian Department of Statistics. 












         Head of Asset Management Department Jovita Sereikienė, +370 37 305 664