Klaipedos Nafta - Notification on material event

SC Klaipedos Nafta transshipment results for October 2014

SC Klaipedos nafta (hereinafter - “the Company”) during October 2014 reloaded
498 thousand tons of oil products into its storage tanks, greater by 35.0
percent than during October 2013, when 369 thousand tons were reloaded. During
October 2014 more oil products from the main client of the Company SC Orlen
Lietuva as well as from refineries of the Republic of Belarus were reloaded,
compared to transshipment during October 2013. 

The preliminary sales revenues of the Company for October 2014 comprise LTL 9.5
million (EUR 2.8 million); greater by 23.4 percent compared to October 2013
(i.e. LTL 7.7 million or EUR 2.2 million). 

The Company during ten months of 2014 reloaded 4,389 thousand tons of oil
products into its storage tanks, by 14.7 percent lower than during ten months
of 2013, when 5,148 thousand tons were reloaded. The decreased transshipment
volume in 2014 compared to the same period in 2013 was resulted by the
delivered less oil products from the refinery of the main client of the Company
- SC Orlen Lietuva and refineries of Russian Federation. 

The preliminary sales revenues of the Company for the ten months of 2014 are
LTL 93.0 million (EUR 26.9 million) and reduced by 12.6 percent compared to the
same period of 2013 (LTL 106.4 or EUR 30.8 million). 


         Marius Pulkauninkas, Director of Finance and Administration
Department, tel. 8 46 391763