LESTO - Notification on material event

Regarding the publishing of prices of electricity transportation services and public electricity

LESTO AB, identification code 302577612, registered office placed at Aguonu
str. 26, Vilnius, Republic of Lithuania. The total number of registered
ordinary shares issued by company is 603 944 593; ISIN code LT0000128449. 

On 27 November 2015, National Control Commission for Prices and Energy
(hereinafter “Commission“) adopted a decision to publish adjusted AB LESTO
prices for electricity transportation service and public electricity and their
application procedures effective from 1 January 2015. 

  -- As from 1 January 2016, public electricity prices for household customers
     decrease by an average of 0.49 ct/kWh (including VAT) (4 percent);
  -- As from 1 January 2016, electricity transportation service prices for
     business customers that receive electricity from medium-voltage electricity
     networks decrease an average 0.16 ct/kWh (VAT not included) (4.8 percent),
     for those receiving from low-voltage electricity networks – 0.04 ct/kWh
     (VAT not included) (0.8 percent).

It should be noted that due to the acceptance of the law of Liquefied Natural
Gas Terminal amendments, the Commission in December plans to adjust the Public
service obligation (PSO) price. Therefore, final 2016 electricity prices would
be recounted and announced anew. 

Following the reorganization of AB LESTO and the Commission’s issuance of the
electricity distribution and public electricity supply licenses in accordance
with the procedure established by law, the electricity distribution services
and public electricity prices will applied to the assignee of the rights and
duties of AB LESTO. 


         Representative for Public Relations Martynas Burba, tel. (8~5) 2514516.