Kauno Energija AB - Notification on material event

Concerning basic prices of district heating

Management Board of JSC "Kauno energija" on 22 May, 2008 decided to present to
the State prices and energy control commission for coordination of district
heating basic prices without added value tax, which would be valid till the 31
July, 2012 for the joint stock company "Kauno energija". The average district
heating basic price - 21,12 ct/kWh without added value tax. 
Jovita Sereikienė
Head of Asset Management Department
+370 37 305664