LITGRID AB - Notification on material event

Litgrid have signed an agreement with the Nordic Investment Bank

Vilnius, Lithuania, 2013-09-13 13:33 CEST (GLOBE NEWSWIRE) -- On September 12,
2013 the Lithuanian electricity transmission system operator Litgrid and Nordic
Investment Bank (NIB) have signed a 10-year-maturity EUR 22 million loan
agreement. 

The loan aims to finance Litgrid's investment for the reconstruction of the
national electricity transmission network and projects aimed to prepare the
integration of the power system into the network of Europe enabled by the power
links to Sweden (NordBalt) and Poland (LitPol Link).  The loan will be funded
to finance part of the company's investment projects with the estimated value
of EUR 478 million in 2013-2017. 

NIB is an international financial institution owned by eight member countries
including Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and
Sweden. 


         Laura Šebekienė
         Head of Communications
         Ph. + 370 693 65377,
         Email: laura.sebekiene@litgrid.eu