Energijos Skirstymo Operatorius AB - Notification on material event

Regarding the Board of ESO decision to change electricity prices as of 2017

Energijos Skirstymo Operatorius AB (hereinafter – the Company or ESO),
identification code 304151376, registered office placed at Aguonu str. 24,
Vilnius, Republic of Lithuania. The total number of registered ordinary shares
issued by company is 894 630 333; ISIN code LT0000130023. 

On 22nd  November 2016 the Board of ESO approved new electricity distribution
service and public electricity prices, which will come into effect as of 2017
after the announcement from the National Commission for Energy Control and
Prices(hereinafter – the Commission). 

ESO electricity prices recalculated after the Commission has changed the
components of electricity prices. 

ESO proposed an average of 8.3% lower public electricity prices for residential
customers as of 1st January 2017. 

For business customers, who receive electricity from medium voltage networks,
ESO proposed 14.9% lower network service price, for those supplied electricity
from the low voltage networks - 14.3%. The cost of the electricity and its
transportation service may vary for specific customers. 

It should be noted that the Commission may further decide on the budget of
public service obligations (PSO) and public electricity price cap adjustment.
Prices of services  may be adjusted, if these solutions are adopted. 

After the announcement of final prices from the Commission, ESO will issue a
separate notice. 


         Representative for Public Relations Martynas Burba, tel. (8~5) 2514516.