Klaipedos Nafta - Notification on material event

Regarding the decision of the National Commission for Energy and Control of Prices

We hereby announce that on 10 April 2015 the National Commission for Energy and
Control of Prices (hereinafter - the Commission) decided to issue a
transmission system operator's license of indeterminate duration for Amber
Grid, AB, with a condition that the Ministry of Energy of the Republic of
Lithuania within the period, which would be no longer than 12 months from the
date of coming into effect of the present decision by the Commission, shall
perform actions in order that the shares of LITGAS, UAB, currently held by
Klaipėdos nafta, AB, are transferred to a business entity, which is not
directly or indirectly controlled by the Ministry of Energy of the Republic of
Lithuania, as indicated in the Opinion of the European Commission. 

Klaipėdos nafta, AB, currently owns and holds in total 1/3 of shares of LITGAS,
UAB. 






         Marius Pulkauninkas, Director of Finance and Administration
Department, (+370 46) 391 763