Kauno Energija AB - Notification on material event

Convocation and resolutions projects of Extraordinary General meeting of shareholders of AB Kauno Energija

Kaunas, Lithuania, 2012-09-04 18:10 CEST (GLOBE NEWSWIRE) --  As the
Extraordinary General Meeting of Shareholders was not convoked by the
Management Board of the Company in stated terms, the Extraordinary General
Meeting of shareholders of Kauno Energija AB (code of enterprise 235014830,
address Raudondvario pl. 84, Kaunas) is convoked by the initiative of the main
company's shareholder - Kaunas city municipality, and by the decision of
Company's General Manager on 28th of September, 2012. 

The date of the Meeting: 28th of September, 2012, Friday. Meeting begins at 1
p.m. Meeting will be held at Company's hall, Raudondvario pl. 86A, Kaunas,
Lithuania. Registration of shareholders starts at 12.30 p.m. 

The General Manager confirmed the following agenda and draft decisions of the
Extraordinary General Meeting of Shareholders: 

1. Regarding recall of AB Kauno Energija Supervisory board. Draft decision: To
recall the Supervisory board of AB Kauno Energija. 

2. Regarding election of AB Kauno Energija Supervisory board. Draft decision:
To elect the Supervisory board of AB Kauno Energija. 

AB Kauno Energija shall not provide the possibility to participate and vote in
the Meeting through electronic communication channels. 

The account date of the Extraordinary General Meeting of Shareholders - the
21th of September, 2012. The right to participate and to vote in convened
Extraordinary General Meeting of shareholders shall have a persons who own
Kauno Energija AB shares at the end of the working day of 21th of September,
2012. 

Kauno Energija AB 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. 

A person who takes part in Extraordinary General Meeting of Shareholders must
submit an identification document. A person, who is not a shareholder, must
also Submit a document confirming the right to vote at the Extraordinary
General Meeting of Shareholders. The authorized person at an Extraordinary
General Meeting of Shareholders shall have the same rights as it should
represent by the shareholder. Shareholder's right to attend Extraordinary
General Meeting of Shareholders also includes the Right to ask. 

Please be informed that shareholders, who are entitled to participate at an
Extraordinary 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 Extraordinary General Meeting of Shareholders. Power of attorney that is
issued by the shareholder must be submitted by sending an e-mail to
j.sereikiene@kaunoenergija.lt not later than till the end of the working day of
27st of September, 2012 (16 h 30 min.). 

Please be informed, that on decisions which are included into Extraordinary
General Meeting of Shareholders agenda can be voted in writing by completing a
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 (2nd floor) till the 28th of
September, 2012, 12 h 00 min. 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. 

The agenda of the Extraordinary General Meeting of Shareholders may be
supplemented by initiative of shareholders who own shares no less than 1/20 of
all the votes. Proposals to the agenda of the General Meeting of Shareholders
may be submitted by mail or delivered to the Company's representative office at
Raudondvario pl. 84, Kaunas (2nd floor) no later than the 13th of September,
2012. 

Please be informed, that along with a proposal to supplement the agenda of the
Extraordinary General Meeting of Shareholders the drafts of proposed decisions
must be submitted or if the decisions shall not be adopted, an explanations on
each of the proposed issue must also be submitted. 

Please be informed, that shareholders the shares of whose provide not less than
1/20 of all votes own the right to propose a new draft decisions related to the
questions included into agenda at any time before or during the Extraordinary
General Meeting of Shareholders. Those new draft decisions must be provided
written. 

Shareholders own the right to ask the questions concerning the agenda of the
Extraordinary General Meeting of Shareholders of the 28th of September, 2012.
Questions may be submitted by e-mail to j.sereikiene@kaunoenergija.lt or
delivered directly to the Company's office at Raudondvario pl. 84, Kaunas (2nd
floor) not later than 24th of September, 2012. 

Shareholders can get acquainted with the company‘s documents related to the
agenda and resolutions projects of Meeting of Shareholders as well as with
information relating to fulfilment of shareholders' rights since the 6rd of
September, 2012 by coming to the Company (Raudondvario pl. 84, Kaunas,
Lithuania) or on the Company's website http://www.kaunoenergija.lt. 






         Jovita Sereikienė, Head of the Assets Management Department, tel. +370
37 305 664

Attachments:

Bendrasis balsavimo biul_2012 0928_ENbirzai.doc