Lietuvos energijos gamyba, AB - Other information

Regarding the transfer of the rights and duties stated in the loan agreement

Elektrėnai, Lithuania, 2014-03-25 12:25 CET (GLOBE NEWSWIRE) -- "Lietuvos
energijos gamyba", AB (company code 302648707, registered office at Elektrinės
str. 21, Elektrėnai) (the Company) informs that on 25 March, 2014 the Company,
AB SEB bankas and Pohjola Bank plc signed a conformation on transfer rights and
duties in stated in the Company and AB SEB bankas loan agreement signed on the
21 February, 2014 (Agreement). AB SEB bankas transferred its rights and duties
in the amount of 55 000 000 EUR sum. 

Note that the Company and AB SEB bankas on 21 February, 2014 signed a loan
agreement for an amount up to 158.000.000 EUR. This Agreement states that AB
SEB bankas, with a written consent of the Company, has right to transfer its
part of rights and duties to other undertakings, which meets the requirements
for qualification set out in the conditions of the Company's Invitation to
submit application with documents required to prove qualification for the
procurement of refinancing of loans services by negotiated procedure with
publication of a contract notice. 

Purpose of this agreement is to refinance three loans under the credit
agreements with the banks, operating in Lithuania, and the European Bank for
Reconstruction and Development. The combined cycle gas turbine construction
project, flue gas treatment of particulate matter and sulfur oxides plant
construction and installation project as well as other projects were funded by
these loans. 


         Valentas Neviera
         Head of Corporate Communication Division
         Phone (8 5) 278 2908
         E-mail valentas.neviera@le.lt