2010-12-15 18:00:02 CET

2010-12-15 18:00:58 CET


REGULATED INFORMATION

Lithuanian English
Lietuvos Energija AB - Notification on material event

Notice Regarding Completion of Spin-off Procedure of LITGRID Turtas AB from the Joint-stock Company LIETUVOS ENERGIJA 



Vilnius, Lithuania, 2010-12-15 18:00 CET (GLOBE NEWSWIRE) -- Joint-stock company LIETUVOS ENERGIJA, a joint-stock company established and
functioning under laws of the Republic of Lithuania, legal entity code
220551550, registered address Elektrinės g. 21, Elektrėnai (hereinafter -- the
Company), data of the company are collected and stored at the Register of Legal
Entities, has issued a notice that pursuant to Company spin-off conditions,
approved by resolution adopted at the extraordinary general shareholders
meeting of the Company dated October 28, 2010, a Transfer -- Acceptance Act was
signed whereby LITGRID Turtas AB (legal entity code 302564383) took over a part
of the Company assets, rights and duties, related to the part under separation,
in the manner described in the Company spin-off conditions. 

On December 15, 2010 the Company and LITGRID Turtas AB made an act amending the
Transfer and Acceptance Act, signed on December 1, 2010 by which they confirmed
the final spin-off balance sheets of the Company and LITGRID turtas AB as of
November 30, 2010, 12 PM. Moreover, by this act LITGRID Turtas AB took over the
remaining part of the Company assets, rights and duties, related to the part
under separation and thus completed the spin-off procedure of the Company. 

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