LITGRID AB - Notification on material event

Litgrid AB to sign an agreement with the Nordic Investment Bank

Vilnius, Lithuania, 2013-09-06 08:49 CEST (GLOBE NEWSWIRE) -- The Lithuanian
electricity transmission system operator Litgrid AB and Nordic Investment Bank
(NIB) intends to sign a 10-year-maturity EUR 22 million loan agreement. 

The loan aims to finance Litgrid's investment for the reconstruction of the
national electricity transmission network and projects aimed to prepare the
integration of the power system into the network of Europe enabled by the power
links to Sweden (NordBalt) and Poland (LitPol Link).  The loan will be funded
to finance part of the company's investment projects with the estimated value
of EUR 478 million in 2013-2017. 

NIB is an international financial institution owned by eight member countries
including Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and
Sweden. 


         Laura Šebekienė
         Head of Communications
         Ph. + 370 693 65377,
         Email: laura.sebekiene@litgrid.eu