Lietuvos energijos gamyba, AB - Notification on material event

On adopted Resolution of the Court

Elektrėnai, Lithuania, 2014-12-05 15:05 CET (GLOBE NEWSWIRE) -- “Lietuvos
energijos gamyba”, AB (company code 302648707, registered office at Elektrinės
st. 21, Elektrėnai, the Company), informs that on 5 December, 2014 Vilnius
Regional Administrative Court accepted the Company's appeal on the resolutions
of the National Commission for Energy Control and Prices „On the approval of
the recount of the components of the price on the production of the heat of
“Lietuvos energijos gamyba”, AB”, dated 30/11/2014, No. O3-875. 

By this resolution the National Commission for Energy Control and Prices
determined that the Company does not comply with the requirements on the
calculation of the return on investment laid down in the Methodology on heat
pricing and obliged the Company to eliminate this alleged violation. 

The Company finds that the resolution is unfounded. Calculations of the
National Commission for Energy Control and Prices of the return on investment
are inaccurate and contradicting the legal acts. 


         Valentas Neviera, Head of Corporate Communication Division, tel. +370
5 278 2908, e-mail. valentas.neviera@le.lt