Lietuvos Energija AB - Notification on material event

Regarding the information announced on media.

Lietuvos Energija AB confirms the information, announced on December 23, 2008
by LEO LT AB in the press release, that after consultation held on December 23,
2008 with the Ministry of Economy and the National Control Commission for
Prices and Energy (NCCPE), the heads of LEO LT AB and its subsidiaries Lietuvos
Energija AB, VST AB and Rytų Skirstomieji Tinklai AB have proposed that NCCPE
exercises its sole right and ex-parte sets the tariffs of electricity
transmission and distribution for the year 2009. 
Ona Garniene
Senior Accountant 
Phone 370 5 2782457