Amber Grid - Notification on material event

On Natural Gas Transmission Price Caps for 2015 and Changes in Pricing Model

On 30 October 2014, the National Control Commission for Prices and Energy
adopted a decision on the AB Amber Grid's adjusted natural gas transmission
price caps, effective from 1 January 2015. By the aforesaid decision the
National Control Commission for Prices and Energy also introduced an entry-exit
pricing model, which was adopted in compliance with applicable EU legislation.
According to the Methodological Guidelines for the Entry-Exit Pricing Model,
and the amended Methodology for the Setting of State-regulated Prices in the
Natural Gas Sector, starting from 2015, the setting and adjustment of natural
gas price caps in the natural gas transmission activity will be based on
capacity units (not on gas quantity units as it used to be), and gas
measurement will be based on energy units (not on gas volume units as it used
to be). 

The natural gas transmission price caps (effective from 1 January 2015) were
set as follows: 

  -- for Lithuanian Natural Gas Transmission System entry points: 
     -- for the interconnection point between the Lithuanian Natural Gas
        Transmission System and the Liquefied Natural Gas Terminal in Klaipeda:
        LTL 0 / MWh / day / year, or EUR 0 / MWh / day / year;
     -- for the interconnection point between the Lithuanian Natural Gas
        Transmission System and the Latvian Natural Gas Transmission System
        (metering of gas transmitted to the Lithuanian Natural Gas Transmission
        System via this route takes place at the Kiemenai Gas Metering Station
        (hereinafter referred to as "Kiemenai GMS")): LTL 171.20 / MWh / day /
        year, or EUR 49.58 / MWh / day / year;
     -- for the connection point between the Lithuanian Natural Gas Transmission
        System and the Belarusian Natural Gas Transmission System (metering of
        gas transmitted to the Lithuanian Natural Gas Transmission System via
        this route takes place at the Kotlovka Gas Metering Station): LTL 171.20
        / MWh / day / year, or EUR 49.58 / MWh / day / year;

  -- for Lithuanian Natural Gas Transmission System exit points: 
     -- for cross-border exit points: 
        -- Kiemenai GMS: LTL 171.20 / MWh / day / year, or EUR 49.58 / MWh / day
           / year;
        -- for the connection point between the Lithuanian Natural Gas
           Transmission System and the Natural Gas Transmission System of the
           Kaliningrad Region of the Russian Federation (metering of gas
           transmitted from the Lithuanian Natural Gas Transmission System via
           this route takes place at the Sakiai Gas Metering Station): LTL
           186.53 / MWh / day / year, or EUR 54.02 / MWh / day / year.
     -- for Lithuania's domestic exit point: LTL 1,038.17 / MWh / day / year, or
        EUR 300.68 / MWh / day / year.



The individual authorised by AB Amber Grid (the issuer)
to provide additional information on the material event:

Rita Kaluiniene

Head of Regulation and Development Division
tel. +370 5 232 7751
Fax +370 5 236 0850
e-mail: r.kaluiniene@ambergrid.lt