Klaipedos Nafta - Notification on material event

SC Klaipedos Nafta transhipment and revenue results for the February 2015

During February 2015 SC Klaipedos nafta (hereinafter - “the Company”) reloaded
515 thousand tons of petroleum products into its storage tanks of oil terminal
and Subacius fuel base (SFB), i.e. greater by 18.9 percent compared to February
2014, when 433 thousand tons were reloaded. The reason for the transhipment
increase in February 2015 is that more petroleum products were delivered by SC
Orlen Lietuva and reloaded additional light petroleum products from Belarus. 

During the first two months of 2015 the Company reloaded 1,144 thousand tons of
oil products into its storage tanks, greater by 37.7 percent compared to the
same period of 2014 when 831 thousand tons were reloaded. 

During February 2015 in the Liquefied Natural Gas (LNG) Terminal of the Company
376.6 thousand MWh (during the first two month of 2015 881.5 thousand MWh) of
the natural gas were re-regasified and supplied to the natural gas transmission
system (this activity started to be carried out on 27 November 2014). 

The preliminary sales revenues of the Company's Oil terminal and Subacius fuel
base for February 2015 comprise EUR 3.5 million (LTL 12.1 million); greater by
16.7 percent compared to February 2014 (i.e. EUR 3.0 million or LTL 10.4
million). 

The preliminary sales revenues of the Company's LNG Terminal for February 2015
comprise EUR 5.4 million (LTL 18,6 million), which is equal to the one twelfth
of the sum of necessary LNG Terminal operation costs and return on investments
into LNG Terminal infrastructure for the year 2015, approved by the National
Commission for Energy Control and Prices. 

The preliminary sales revenues of SC Klaipedos Nafta oil terminal and SFB for
the first two months of 2015 comprise EUR 7.3 million (LTL 25.2 million) and
are greater by 25.9 percent compared to the same period of 2014 (EUR 5.8 or LTL
20.0 million). 

Total preliminary revenue of the Company for the January-February 2015 comprise
EUR 18.3 million (LTL 63.2 million) while for the same period of 2014 it was
EUR 5.8 million (LTL 20.0 million). 


         Marius Pulkauninkas, Director of Finance and Administration
Department, tel. 8 46 391763