Lietuvos energijos gamyba, AB - Notification on material event

Regarding the establishment of the jointly owned company

Elektrėnai, Lithuania, 2014-07-22 08:00 CEST (GLOBE NEWSWIRE) -- On 21 July,
2014 „Lietuvos energijos gamyba“, AB (company code 302648707) together with
„Lietuvos energija“, UAB (company code 301844044), AB LESTO (company code
302577612), UAB LITGAS (company code 302937277) and Technologijų ir inovacijų
centras UAB (company code 303200016) signed an agreement on establishment UAB
Verslo aptarnavimo centras company. One of the main objectives of the new
company is to strengthen and create added value in the energy sector by
providing public procurement organization and execution, accounting and
personnel administration services for the state-owned energy group companies. 

The authorised capital of newly established company is 100 000 litas. „Lietuvos
energija“, UAB, „Lietuvos energijos gamyba“, AB, AB LESTO, UAB LITGAS and UAB
Technologijų ir inovacijų centras, respectively will acquire 50%, 20%, 20%, 5 %
and 5 % of the shares of the newly established company. 


         Valentas Neviera
         Head of Corporate Communication Division
         Tel. +370 5 278 2908
         valentas.neviera@le.lt