Klaipedos Nafta AB - Notification on material event

SC Klaipedos Nafta transhipment results in February 2014

The preliminary sales revenues of SC Klaipedos Nafta during two months of 2014
comprise LTL 20.1 million (EUR 5.8 million) and are lower by 28.7 percent
compared to the same period of 2013 (LTL 28.2 or EUR 8.2 million). 

The preliminary sales revenues for February 2014 amounts to LTL 10.5 million
(EUR 3.0 million); or less by 23.9 percent less if compared to February 2013
(i.e. LTL 13.8 million or EUR 4.0 million). 

During February 2014 the Company reloaded 433 thousand tons of oil products
into its storage tanks, i.e. by 34.6 percent less than during February 2013
(662 thousand tons). During the first two months of 2013 the Company reloaded
831 thousand tons of oil products into its storage tanks, while in the same
period of 2013 - 1,417 thousand tons; that is lower by 41,4 percent. The
transshipment in 2014 was lower mainly because SC Orlen Lietuva delivered less
oil products into the terminal because Mazeikiai refinery unit reduced oil
products manufacturing in connection with the dropped oil product margins. 


         Mantas Bartuška, Director of Finance and Administration Department,
tel. 8 46 391763