Kauno Energija - Notification on material event

Regarding decision on acquisition of the shares of UAB Petrašiūnų Katilinė

The Management Board of AB Kauno Energija made a decision on June 16, 2016 to
acquire 100 per cent of the shares of UAB Petrašiūnų Katilinė from UAB E
Energija and to authorise Mr. Rimantas Bakas, General Manager of AB Kauno
Energija to sign shares purchase agreement and other related documents. The
Management Board assigned AB Kauno Energija administration to initiate a
submission of shares purchase agreement to the Extraordinary General Meeting of
Shareholders for approval. The transaction will be considered accomplished and
will become valid after signing the agreement, approval of the Extraordinary
General Meeting of Shareholders, after permission from The Competition Council
of the Republic of Lithuania for concentration is received and after the
conclusion that AB Kauno Energija meets National Security interests of
Commission of Evaluation of Conformity of Potential Participants to National
Security Interests. 


         Loreta Miliauskienė, Head of the Economics and Planning Department,
tel. +370 37 305 855