Lietuvos Dujos - Notification on material event

Regarding the intention to submit a mandatory takeover bid

AB Lietuvos Dujos (hereinafter - the Issuer) informs that on 22 May 2014 it
received the notification from Lietuvos Energija, UAB (registration number
301844044, address of the registered office Žvejų St. 14, Vilnius, Republic of
Lithuania) on the intention to submit a mandatory takeover bid to buy up the
remaining 126,112,962 (one hundred twenty six million one hundred twelve
thousand nine hundred sixty two) ordinary registered non-certificated shares of
the Issuer with par value of LTL 1. 

According to the information provided in the received notification, on 21 May
2014 Lietuvos Energija, UAB acquired 113,118,140  (one hundred thirteen 
million one hundred eighteen thousand one hundred forty) ordinary registered
non-certificated shares of the Issuer with par value of LTL 1 and increased the
amount of its shares of the Issuer to the amount of 164,572,778 (one hundred
sixty four million five hundred seventy two thousand seven hundred seventy
eight) ordinary registered non-certificated shares of the Issuer with par value
of LTL 1, which grant 56.6152% of the votes in the general shareholders meeting
of the Issuer. 

Whereas on 21 May 2014 Lietuvos Energija, UAB crossed the limit of 1/3 of the
votes at the general shareholders meeting of the Issuer, Lietuvos Energija, UAB
intends to submit a takeover bid regarding the remaining 126,112,962 ordinary
registered non-certificated shares of the Issuer with par value of LTL 1, which
grant 43.3848% of the votes in the general shareholders meeting of the Issuer. 

For the shares of the Issuer which will be bought-up during the takeover bid it
is intended to settle in cash. 



Authorised person:

Mantas Mikalajūnas

Head of Strategic Development Division

Tel. +370 5 236 02 20