Kauno Energija AB - Notification on material event

Reconvening General meeting of JSC “Kauno energija” shareholders and decisions projects

According to the decision of company's Management Board on 27th of April, 2010,
the shareholders meeting of JSC “Kauno energija” (code of enterprise 235014830,
address Raudondvario pl. 84, Kaunas) did not take place because of the lack of
quorum. 

The Date of the Repeated General Meeting - the 13th of May, 2010, Thursday. Time
- 10 a.m., place - Raudondvario pl. 86A (first floor), Kaunas Lithuania.
Registration of shareholder's begins at 9.30 a.m. 
The Repeated General Meeting shall be valid only agenda for the General Meeting
of Shareholders: 
1. Presentation of the company‘s auditor conclusion.
	2. Confirmation of the consolidated and company‘s financial statements of the
year 2009, prepared according to the International financial reporting
standards. 
3. Allocation of the company's profit (loss) for the year 2009.
4. The selection of the Audit Company and terms of payment for audit services.

Voting bulletin of the Repeated General Meeting of Shareholders are attached. 

The JSC “Kauno energija” shall not provide the possibility to participate and
vote in the Meeting through electronic communication channels. 

The account date of the Repeated General Meeting of Shareholders - the 6th May,
2010. Shareholders that own JSC “Kauno energija” shares on the end of the
working day of 6th May, 2010, shall have the right to participate in convened
Repeated General Meeting. 

JSC “Kauno energija” share capital is divided into 42 731 977 (forty-two
million seven hundred thirty-one thousand nine hundred and seventy-seven)
ordinary registered shares. All of these shares carry the right to vote with
their shareholders. 

Person participating in Repeated General Meeting of Shareholders must submit an
identity document. A person who is not a shareholder, to this document, also
must submit a document confirming the right to vote at a Repeated General
Meeting of Shareholders. The authorized person at a Repeated General Meeting of
Shareholders shall have the same rights as it should represent by the
shareholder. Shareholder's right to attend Repeated General Meeting of
Shareholders also include the right to ask. 

Please be informed that shareholders, who are entitled to participate at an
Repeated General Meeting of Shareholders, own the right to authorize by
electronic means physical or legal person to attend and vote on behalf of them
at Repeated General Meeting of Shareholders. Power of attorney that is issued
by the shareholder must be submitted by sending e-mail
j.sereikiene@kaunoenergija.lt not later than the 12th May, 2010 (16 hrs. 30
min.). 

Please be informed that, on decisions which are included into Repeated General
Meeting of Shareholders agenda can be voted in writing by completing the
general ballot paper. If the person who had completed the general ballot paper
is not a shareholder, the completed general ballot paper must be accompanied by
a document confirming the right to vote. The duly completed general ballot
paper (voting bulletin) should be sent by mail or delivered directly to the
Company's office at Raudondvario pl. 84, Kaunas (2rd floor) till 12th May,
2010. The Company reserves the right not to include in the shareholder vote
early, if the general ballot paper does not meet the third and fourth parts of
the 30 Article of Law on Companies requirements or the general ballot paper is
written in a way that it is impossible to establish shareholder‘s will on a
separate issue. 

Please be informed that, shareholders who own shares no less than 1/20 of all
votes own the right at any time before the Repeated General Meeting of
Shareholders or during the meeting in writing or by mail propose new draft
decisions related to the questions included into agenda. 

Shareholders own the right to ask the questions concerning the agenda of the
Repeated General Meeting of Shareholders. Questions may be submitted by e-mail
j.sereikiene@kaunoenergija.lt or delivered directly to the Company's office at
Raudondvario pl. 84, Kaunas (2nd floor) not later than 7 th of May, 2010. 

Since 28th of April, 2010 shareholders can get acquainted with the company‘s
documents related to the agenda of shareholders meeting and decisions projects
of the meeting and information relating to shareholders' rights by coming to
the company - Raudondvario pl. 84, Kaunas or in the webpage of the company
(http://www.kaunoenergija.lt). 

Jovita Sereikienė
Head of Asset Management Department
+370 37 305664

Attachments:

bendrasis biulet_en.pdf