Kauno Energija AB - Notification on material event

The Decisions of the Extraordinary General meeting of shareholders of AB Kauno Energija

The Extraordinary General meeting of shareholders of AB Kauno Energija was held
on on 15th July, 2013. 

  1. Regarding the endorsement of decision No 2013-2 of AB Kauno Energija
     Supervisory Board session and of the determination of remuneration for AB
     Kauno Energija independent member of audit committee for functions
     performing.

- to endorse the decision No 2013-2 of the session of AB Kauno Energija
Supervisory Board held on the 10th of April, 2013 and to determine, that a
monthly remuneration in amount of LTL 1,000.00 would be paid for independent
member of audit committee for the functions performed according to the services
rendering agreement and deducting obligatory taxes. 

  1. Regarding election of Supervisory board member of AB Kauno Energija instead
     of resigned member Orinta Leiputė, member of Seimas of the Republic of
     Lithuania.

- to elect as the member of Supervisory Board of AB Kauno energija Valys
Venslovas (Lithuanian citizen of the Republic of personal code [] living [],
Kaunas, Lithuania). 

  1. Regarding the election of audit company and of the terms of remuneration
     for audit services.

1. To elect UAB Auditas for audit of Consolidated and Company‘s financial
statements of the years 2013 - 2015 (hereinafter - audit) and for performing
audit of licensed heat supplies activity expenses accounting. 

2. To determine, that the price for audit of AB Kauno Energija Consolidated and
Company‘s financial statements of the year 2013 is LTL 30,500.00 plus VAT, of
the year 2014 - LTL 29,100.00 plus VAT and of the year 2015 - LTL 29,100.00
plus VAT. The term of payment is 30 calendar days from the day of receiving of
VAT invoice. 

3. To determine, that the price for performing audit of AB Kauno Energija
licensed heat supplies activity expenses accounting of the year 2013 is LTL
3,900.00 plus VAT, of the year 2014 - LTL 3,800.00 plus VAT and of the year
2015 - LTL 3,800.00 plus VAT. The term of payment is 30 calendar days from the
day of receiving of VAT 


         Jovita Sereikienė, Head of Asset Management Department, +370 37 305 664