LESTO - Notification on material event

Regarding the adjusted prices of electricity transportation services and public electricity for 2016

LESTO AB (hereinafter – LESTO), identification code 302577612, registered
office placed at Aguonu str. 26, Vilnius, Republic of Lithuania. The total
number of registered ordinary shares issued by company is 603 944 593; ISIN
code LT0000128449. 

LESTO hereby informs that on 28 December 2015 submitted adjusted final 2016
public electricity and transmission service prices to National Control
Commission for Prices and Energy (hereinafter – “Commission“). Electricity
prices were adjusted according to the amendments of Liquefied natural gas
terminal law. 

It is expected that the Commission on 30 December will decide to make public
the new electricity distribution services and public electricity prices and
their application procedure, which will take effect from 1 January 2016. 

It is planned thatas from 1 January 2016 public electricity prices for
household customers will decrease by an average of 0.2 ct/kWh (including VAT); 

Electricity transportation service prices for business customers that receive
electricity from medium-voltage electricity networks will increase an by
average 0.18 ct/kWh (VAT not included), for those receiving from low-voltage
electricity networks will increase by an average 0.28 ct/kWh (VAT not
included). 

LESTO will make a separate notice after the Commission’s announcement of the
final prices. 

Following the reorganization of AB LESTO and the Commission’s issuance of the
electricity distribution and public electricity supply licenses in accordance
with the procedure established by law, the electricity distribution services
and public electricity prices will applied to the assignee of the rights and
duties of LESTO. 

Information is not confidential.


         Representative for Public Relations Martynas Burba, tel. (8~5) 2514516.