Kauno Energija AB - Notification on material event

Resolutions of the General Meeting of Shareholders of AB Kauno Energija

The following resolutions on the issues of agenda were taken at the General
Meeting of shareholders of AB Kauno Energija, held on 29 May 2014: 

1. Approval of Consolidated and Company‘s financial statements of the year
2013, prepared according to the International financial reporting standards
accredited to use in European Union, presented along with consolidated Annual
Report and Conclusion of independent auditor. 

Resolution.To approve the audited Consolidated and Company‘s financial
statements of the year 2013, prepared according to the International financial
reporting standards accredited to use in European Union. 

2. Appropriation of the Company's profit (loss) of the year 2013.

Resolution.To appropriate AB Kauno Energija profit (loss) of the year 2013
according to the profit (loss) appropriation project, presented to the General
Meeting of Shareholders by Kaunas City Municipality (attached). 



                                Items                           Amount    Amount
                                                                  LTL      EUR  
--------------------------------------------------------------------------------
 1.    Profit (loss) of the previous financial year brought    694,78   201,225 
        forward at the end of the reporting year                  8             
--------------------------------------------------------------------------------
 2.    Net profit (loss) of the reporting financial year       1,857,   537,908 
                                                                290             
--------------------------------------------------------------------------------
 3.    Profit (loss) of the reporting financial year not          0        0    
        recognized in the Profit (loss) Statement                               
--------------------------------------------------------------------------------
 4.    Transfers from reserves                                 250,00   72,405  
                                                                  0             
--------------------------------------------------------------------------------
 5.    Shareholders' contributions for covering the losses        0        0    
        (if full or partial losses are decided to be covered                    
        by shareholders)                                                        
--------------------------------------------------------------------------------
 6.    Total profit (loss) to be appropriated                  2,802,   811,538 
                                                                078             
--------------------------------------------------------------------------------
 7.    Profit to be appropriated to legal reserve              342,86   99,301  
                                                                  5             
--------------------------------------------------------------------------------
 8.    Profit to be appropriated to reserves for investment       0        0    
        into own shares                                                         
--------------------------------------------------------------------------------
 9.    Profit to be appropriated to other reserves:            1,798,   520,980 
                                                                839             
--------------------------------------------------------------------------------
 9.1   For the maintenance of heat units                       232,62   67,373  
                                                                  6             
--------------------------------------------------------------------------------
 9.2   For extension and / or equipment of communications in   566,21   163,987 
        Varnių str. and Raudondvario 7th track, in Kaunas         3             
        which would be transferred to Kaunas City                               
        Municipality as a support.                                              
--------------------------------------------------------------------------------
 9.3   For support according to the resolution of the          1,000,   289,620 
        Company's General Meeting of Shareholders, held on 6    000             
        January 2014                                                            
--------------------------------------------------------------------------------
 10.   Profit to be appropriated to dividends (LTL 0,01 (EUR   428,02   123,963 
        0.0028962) per share)                                     1             
--------------------------------------------------------------------------------
 11.   Profit to be appropriated for annual disbursements      232,35   67,294  
        (tantiems) for the members of the Management Board,       3             
        bonuses for employees and other purposes.                               
--------------------------------------------------------------------------------
11.1.  For annual disbursements (tantiems)                     82,353   23,851  
--------------------------------------------------------------        ----------
11.2.  For support                                             150,00   44,443  
                                                                  0             
--------------------------------------------------------------------------------
 12.   Profit (loss) at the end of the reporting financial        0        0    
        year brought forward to the next financial year                       
--------------------------------------------------------------------------------

3. Regarding recall of the member of Supervisory Board of AB Kauno Energija.

Resolution. To recall Artūras Tepelys from the Supervisory Board of AB Kauno
Energija. 



4. Regarding election of the member of Supervisory Board of AB Kauno Energija.

Resolution. To elect Ričardas Juška as the member of the Supervisory Board of
AB Kauno Energija. 






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

Liitteet:

KE_ ANNUAL REPORT2013-12-31skelb.pdf

IFRS KE__2013-12-31-EN.pdf