Klaipedos Nafta - Notification on material event

SC Klaipedos Nafta transhipment results in September 2014

The preliminary sales revenues of SC Klaipedos nafta (hereinafter - “The
Company”) for September 2014 comprise LTL 8.2 million (EUR 2.4 million) that
are lower by 11.8 percent compared to the sales revenues for September 2013
(i.e. LTL 9.3 million or EUR 2.7 million). 

During September 2014 the Company reloaded 419 thousand tons of oil products
into its storage tanks while during the September 2013 - 328 thousand tons,
i.e. more by 27.7 percent. 

The preliminary sales revenues of the Company for the nine months of 2014
comprise LTL 83,5 million (EUR 24,2 million) and are lower by 15.4 percent
compared to the same period of 2013 (LTL 98.7 or EUR 28.6 million). 

The Company during nine months of 2014 reloaded 3,891 thousand tons of oil
products into its storage tanks, while during nine months of 2013 - 4,779
thousand tons. The transhipment during nine months of 2014, compared to the
same period of 2013, is lower by 18.6 percent. 

The decreased transhipment volume in 2014 compared to the same period in 2013
was resulted by the delivered less oil products from the refinery of the main
client of the Company - SC Orlen Lietuva and refineries of Russian Federation. 


         Mantas Bartuška, General Manager, tel. 8 46 391763