Energijos Skirstymo Operatorius AB - Notification on material event

Regarding announced electricity prices for 2017

Energijos Skirstymo Operatorius AB (hereinafter – the Company or ESO),
identification code 304151376, registered office placed at Aguonu str. 24,
Vilnius, Republic of Lithuania. The total number of registered ordinary shares
issued by company is 894 630 333; ISIN code LT0000130023. 

On 28th November, 2016 the National Commission for Energy Control and Prices
(hereinafter – the Commission) announced  new electricity distribution service
and public electricity prices for 2017, which was approved by the Board of the
Company on 22nd November, 2016. 

ESO electricity prices recalculated after the Commission has changed the
components of electricity prices. 

ESO proposed an average of 8.3% lower public electricity prices for residential
customers as of 1st January 2017. For business customers, who receive
electricity from medium voltage networks, ESO proposed 14.9% lower network
service price, for those supplied electricity from the low voltage networks -
14.3%. The cost of the electricity and its transportation service may vary for
specific customers. 

The Company notes that the Commission may further decide on the budget of
public service obligations (PSO) and public electricity price cap adjustment.
Today announced services prices may be adjusted, if these solutions are
adopted. 


         Representative for Public Relations Martynas Burba, tel. (8~5) 2514516.