Klaipedos Nafta AB - Notification on material event

SC Klaipedos Nafta transhipment results in April 2014

The preliminary sales revenues of SC Klaipedos nafta for April 2014 amounts to
LTL 10.1 million (EUR 2.9 million); that is less by 28.9 percent less compared
to April 2013 (i.e. LTL 14.2 million or EUR 4.1 million). 

The preliminary sales revenues of the Company during four months of 2014
comprise LTL 41.0 million (EUR 11.9 million) and are lower by 27.3 percent
compared to the same period of 2013 (LTL 56.4 or EUR 16.3 million). 

The transhipment of oil products during April 2014 comparing to March 2014
(i.e. 306 thousand tons) is higher by 58,8 percent. During the April 2014 the
Company reloaded 486 thousand tons of oil products into its storage tanks while
during the April 2013 - 575 thousand tons, i.e. lower by 15,5 percent. During
the first four months of 2014 the Company reloaded 1,623 thousand tons of oil
products into its storage tanks, while during four months of 2013 - 2,738
thousand tons. 

The reduced transshipment (for the January - April 2014 in compare to the same
period of 2013) was influenced mainly by the fact that the major client of the
Company AB Orlen Lietuva delivered less products in the terminal because have
reduced manufacturing volume of oil products in connection with the dropped oil
product margins. 


         Mantas Bartuška, Director of Finance and Administration Department,
tel. 8 46 391763