LITGRID AB - Notification on material event

Regarding the establishment of the jointly owned company

Vilnius, Lithuania, 2013-11-26 07:52 CET (GLOBE NEWSWIRE) -- On 25 November,
2013 LITGRID AB (company code 302564383) together with „Lietuvos energija“, UAB
(company code 301844044), „Lietuvos energijos gamyba“, AB (company code
302648707) and AB LESTO (company code 302577612) signed an agreement on
establishment UAB Technologijų ir inovacijų centras company, which main
objective is to provide IT and telecommunication services for the shareholders. 

The authorised capital of newly established company is 10 000 litas. „Lietuvos
energija“, UAB, „Lietuvos energijos gamyba“, AB, AB LESTO, LITGRID AB
respectively will acquire 50% , 20% , 20% and 10%  of the shares of the newly
established company. 




         Laura Šebekienė
         Head of Communications
         Ph. + 370 693 65377,
         Email: laura.sebekiene@litgrid.eu