Lietuvos Energija AB - Notification on material event

Information Regarding Resolutions of National Control Commission for Prices and Energy

The National Control Commission for Prices and Energy (hereinafter NCCPE)
defined the price of tertiary active power reserve for Lietuvos Energija AB
along with an associated legal entity Lietuvos Elektrinė AB for year 2011,
which is LTL 12.2 MW/h (without VAT). Also was defined the price of secondary
active power emergency reserve of Lietuvos Energija AB for 2011, which is 11.9
LTL/MW/h (without VAT). 

VKEKK approved electricity procurement price for 2011 - 16 CTL/kWh, which will
be applied to Lietuvos Energija AB together with an associated legal entity
Lietuvos Elektrinė AB, while selling electricity to the public supplier,
providing this type of electricity to consumers for a public price. 

1.The National Control Commission for Prices and Energy defined funds for
public obligation services for 2011 for generators, which ensure electricity
supply security and energy system reserves, to secure the approved supportable
scope of electricity - LTL 256.6 million and generators which ensure
electricity supply security and energy system reserves, designated to cover the
requisite constant expenditure - LTL 91.3 million of which EUR 70 allocated to
finance the construction of the new unit of Lietuvos Elektrinė AB. 

NCCPE on October 28, 2010 defined for transmission system operator of the
Republic of Lithuania - LITGRID AB, which is 100 per cent controlled by the
joint-stock company LIETUVOS ENERGIJA,  the upper price margin - 2.32 CTL/kWh
of transmission service performed by high voltage grid for the period 2011 -
2013 and resolved to publish prices, tariffs and their application procedure of
electricity transmission service, approved by Protocol No.8 of board meeting of
LITGRID AB, dated October 27, 2010. 

Further information is provided on the website of NCCPE http://www.regula.lt

Jūratė Kavaliauskaite
Head of Communications
Tel.: +370 619 62019
E-mail: jurate.kavaliauskaite@lpc.lt