LITGRID - Notification on material event

Resolutions Adopted on October 10, 2014 at the Extraordinary General Shareholders Meeting of LITGRID AB

Vilnius, Lithuania, 2014-10-10 10:57 CEST (GLOBE NEWSWIRE) -- On October 10,
2014 during the Extraordinary General Shareholders Meeting of LITGRID AB (legal
entity code - 302564383, legal status - public company, registered address: A.
Juozapavičiaus g. 13, Vilnius city, Vilnius city municipality, the Republic of
Lithuania, data about the company are collected and stored at Vilnius branch of
VĮ Registrų Centras, Division of Registry of Legal Entities), the following
resolution was adopted: 

  1. Regarding the appointment of the auditor of LITGRID AB and setting of
     payment conditions for the auditor's services in 2014.

RESOLUTION ADOPTED:

To select the audit firm UAB Ernst&Young Baltic for the performance of audit of
financial statements 2014 of LITGRID AB and to define the remuneration of not
more than 78, 500.00 (seventy eight thousand and five hundred) litas, not
including VAT, for performance of the said audit services, which shall be paid
within 30 (thirty) days upon issuing of an invoice. 

Information about the aforementioned decision is also available on the website
of LITGRID AB at http://www.litgrid.eu as well as at the headquarters of
LITGRID AB (A. Juozapavičiaus str. 13, Vilnius) during office hours (7.30-11.30
a.m. and 12.15-4.30 p.m.; 7.30-11.30 a.m. and 12.15-3.15 p.m. on Fridays). 


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