LITGRID AB - Notification on material event

LITGRID AB Sued Achema Regarding its Debt

Vilnius, Lithuania, 2011-07-25 13:16 CEST (GLOBE NEWSWIRE) -- LITGRID AB, a
public company established and functioning under laws of the Republic of
Lithuania, legal entity code 302564383, registered address A. Juozapavičiaus g.
13, Vilnius, data about the Company are collected and stored at the Register of
Legal Entities, hereby informs that since April 2011 the public company Achema
has not been making payments to LITGRID AB, the administrator of public
obligation services, for the public obligation services, i.e. electricity,
generated and consumed for Achema's own economic needs. On July 22, 2011
LITGRID AB filed a lawsuit against the public company Achema at Kaunas district
court regarding recovery of debt in the amount of LTL 2.292.026,90. 




         Vilija Railaitė
         Head of Communications
         Phone +370 5278 2361
         Mobile +370 613 19977
         E-mail vilija.railaite@litgrid.eu