VST AB - Notification on material event

Regarding registration of AB LESTO in the Register of Legal Entities of the Republic of Lithuania

Following the conditions of reorganization of public limited liability company
Rytų skirstomieji tinklai and public limited liability company “VST”, that were
approved on 13 December 2010 by the Extraordinary General Meeting of
Shareholders of public limited liability company “VST” (identification
code110870748;registered office placed at J. Jasinskio St. 16C, LT-01112
Vilnius; mail address Žvejų St. 14, LT-09310, Vilnius), on 27 December 2010 AB
LESTO was registered in the Register of Legal Entities of the Republic of
Lithuania. AB LESTO (identification code302577612;registered office placed
atŽvejų St. 14, LT-09310, Vilnius) will take over the assets, rights and
obligations of the said companies under the procedure stated in conditions of
reorganization. 

On 27 December 2010 AB LESTO addressed the National Control Commission for
Prices and Energy and applied for the licenses for activities of the
electricity market operator and electricity supply. 

Information is not confidential.


         Person for contacts: Manager Marketing and Public Relations Kristina
Mažeikytė, tel. (8~5) 251 4500