Klaipedos Nafta AB - Notification on material event

Regarding the decisions of the Board of “Klaipėdos nafta” AB

Today, 04 July 2011, the Board of AB „Klaipedos nafta“(hereinafter - Klaipedos
nafta or “the Company”) decided: 

  -- To approve the Company's audited financial statements for the year 2010,
     prepared in accordance with international financial reporting standards,
     and to present the to the Company's Extraordinary General Meeting of
     Shareholders.
  -- To approve 
an Agreement with the
Lead Advisor for preparation and implementation of liquefied natural gas
     terminal's project - the international company FLUOR.
  -- To call the Extraordinary  General Meeting of Shareholders in headquarters
     at the Company's office premises Burių 19, Klaipėda at 11.00 on 27 July
     2011, and to propose to the Extraordinary General Meeting of Shareholders'
     the following draft agenda:

  1. Regarding the approval of the Annual Financial Statements for the year
     2010.
  2. Regarding the appropriation of the Company's profit (loss) for the year
     2010.
  3. Regarding the approval of Board decision to conclude the Services Agreement
     with the company Fluor S. A. - the winner of the tender organized according
     to the procedure of the publicized negotiations for the procurement of the
     Lead Adviser's services for preparation and implementation of liquefied
     natural gas terminal's project








         Chief Financier Johana Bučienė
         8 46 391 636

Attachments:

IFRS_2010_KN_EN_FINAL.zip

Pelno_sk_2010_AN.xls