Lietuvos Energija AB - Notification on material event

Ordinary General Shareholders Meeting of LIETUVOS ENERGIJA AB Convened at 10:00 AM, April 30, 2010.

At the initiative and by resolution of the Management Board of the joint stock
company LIETUVOS ENERGIJA AB (company code 220551550, registration address
Žvejų g. 14, LT-09310 Vilnius), an ordinary general shareholders meeting is
convened on April 30, 2010. The meeting shall be held at the following address:
A. Juozapavičiaus g. 13, Vilnius, Conference Hall. Starting time - 10:00 AM,
April 30, 1010. Starting time of shareholders registration: 9:00 AM, April 30,
2010. Finishing time of the shareholders registration: 9:55 AM, April 30, 2010. 

The established date for the headcount of the shareholders of the ordinary
general shareholders meeting is April 23, 2010. Only such persons shall have a
right to participate and vote at the ordinary general shareholders meeting who
by the end of the day of headcount of the shareholders of the general
shareholders meeting are shareholders of LIETUVOS ENERGIJA AB. 

May 14, 2010 shall be the date of registration of rights of the ordinary
general shareholders meeting. Property rights of shareholders, set forth in
Items 1-4, Part 1, Article 15 of the Law on Joint Stock Companies of the
Republic of Lithuania, shall be held by persons who at the end of the
registration of rights of the shareholders meeting are shareholders of the
company. 

The agenda of the meeting and the proposed draft resolutions are as follows:
1. Presentation of the consolidated annual report for year 2009 of LIETUVOS
ENERGIJA AB and its daughter companies. 
The following draft resolution is proposed: “To approve the consolidated annual
report for year 2009 of LIETUVOS ENERGIJA AB and its daughter companies.” 
2. Conclusions of independent auditor regarding financial statements for year
2009 of LIETUVOS ENERGIJA AB and presentation of consolidated financial
statements for year 2009 of LIETUVOS ENERGIJA AB and its daughter companies. 
The following draft resolution is proposed: “Approval of financial statements
for year 2009 of LIETUVOS ENERGIJA AB and consolidated financial statements for
year 2009 of LIETUVOS ENERGIJA AB and its daughter companies. 
3. Approval of financial statements for year 2009 of LIETUVOS ENERGIJA AB and
consolidated financial statements for year 2009 of LIETUVOS ENERGIJA AB and its
daughter companies. 
The following draft resolution is proposed: “To approve audited and
consolidated annual financial statements of LIETUVOS ENERGIJA AB prepared by
auditor PricewaterhouseCoopers UAB for the year ended December 31, 2009”. 
4. Appropriation of profit (loss) of LIETUVOS ENERGIJA AB for year 2009.

A shareholder or its authorized person shall have a right to vote in advance in
writing by filling a general voting ballot. If the shareholder, holding a right
of vote or its duly authorized representative demands so in writing, the
company shall prepare and not later than 10 days prior to the ordinary general
shareholders meeting shall send a general voting ballot by registered mail or
shall present it in person and confirm the receipt by signature. The general
voting ballot is also available at the website of the company http://www.le.lt,
folder “Akcininkams“. The filled and signed general voting ballot and the
document, confirming the right of vote may be presented to the company by
registered mail or handed over directly at the premises of the company with the
address A. Juozapavičiaus g. 13, Vilnius, not later than by the end of the
office hours (16:30) of April 29, 2010. 

The company shall retain the right not to register an advance vote of the
shareholder or its authorized person if its presented general voting ballot
fails to comply with requirements, set forth in Parts 3 and 4, Article 30 of
the Law on Joint-stock Companies of the Republic of Lithuania, its presentation
is overdue or it is filled in the manner whereby ascertaining of the actual
will of the shareholder is impossible. 

The persons at the general shareholders meeting shall have a right to vote by
power of attorney. The power of attorney is deemed a written document, issued
by one person (issuer of power of attorney) to another person (the recipient of
power of attorney) to represent the issuer of power of attorney while
contacting third persons. The power of attorney on behalf of a physical person
to perform actions, related to legal persons, except for cases prescribed by
law, allowing issuance of the power of attorney in another form, shall be
signed by the notary. The authorized persons shall have a document, confirming
the identity of the person and the power of attorney, approved as prescribed by
law, which shall be presented not later than by the finishing time of the
shareholders registration of the general shareholders meeting. The authorized
person has the same rights at the general shareholders meeting as would be had
by the shareholder who is being represented. 

The shareholders, holding a right to participate at the ordinary general
shareholders meeting, shall have a right to authorize by means of electronic
communications a physical or legal entity to take part or cast vote on their
behalf at the general shareholders meeting. Such authorization shall not
require notary approval. The company shall deem valid the authorization issued
by electronic means only provided that the shareholder signs it by an
electronic signature, generated by secure signature-generating software and
attested by qualified certificate, valid within the Republic of Lithuania, i.e.
the security of the transmitted information is ensured and a possibility of
identification of the shareholder is provided. The shareholder shall inform in
writing the company about such authorization, issued by electronic means, by
sending such notification by email at info@lpc.lt not later than end of office
hours (16:30) of April 29, 2010. 

At the general shareholders meeting there will be no participation or voting by
electronic means. 

Attachment: LIETUVOS ENERGIJA AB CONSOLIDATED AND COMPANY'S FINANCIAL
STATEMENTS FOR THE YEAR 2009 prepared according to the International Financial
Reporting Standards, as adopted by the European Union, presented together with
the independent auditors' report. 

Sigitas Baltuška
Head of Communications
AB "Lietuvos energija"
A. Juozapavičiaus g.13
LT-09311 Vilnius
T. +370 5 278 2442
sigitas.baltuska@lpc.lt
www.le.lt

Attachments:

scan3255_000.pdf