Kauno Energija AB - Notification on material event

Resolutions of the General Meeting of Shareholders of AB “Kauno Energija”

Kaunas, Lithuania, 2012-04-30 13:30 CEST (GLOBE NEWSWIRE) --  The following
decisions were taken at the general meeting of shareholders of AB “Kauno
Energija” on 30th May, 2012: 

1. The presentation of the conclusion on consolidated and Company‘s financial
statements of the year 2011, prepared by the independent auditor company UAB
“Deloitte Lietuva” according to the International financial reporting
standards, accepted to use in the European Union. 

2. To confirm the audited consolidated and Company‘s financial statements of
the year 2011, prepared according to the International financial reporting
standards, accepted to use in the European Union (attached). 

3. To allocate Company‘s profit (loss) of the year 2011 in accordance to the
profit (loss) allocation project provided by Kaunas city municipality to the
general meeting of shareholders: 

1. Profit (loss) to be carried forward from the previous financial year - LTL
(90,145) (EUR 26,108). 

2. Net profit (loss) for the reporting financial year - LTL 13,442,695 (EUR
3,893,273). 

3. Profit (loss) of the financial year not recognized in the Income Statement -
LTL 0 (EUR 0). 

4. Transfers from reserves - LTL 3,468,000 (EUR 1,004,402).

5. Shareholders contribution for covering the losses (if full or partial losses
are decided to be covered by shareholders) - LTL 0 (EUR 0). 

6. Total profit (loss) to be appropriated - LTL 17,000,840 (EUR 4,923,783).

7. Profit to be appropriated to legal reserves - LTL 672,135 (EUR 194,663).

8. Profit to be appropriated to reserves for investment into own shares - LTL 0
(EUR 0). 

9. Profit to be appropriated to other reserves (for redeem of heat networks -
LTL 449,000 (EUR 130,000), for maintenance of heat points of blocks of flats -
LTL 650,000 (EUR 188,000), for installing a reserve fuel equipment at Šilkas
boiler-house and for steam boiler DKVR 10/13 fitting to work on biofuel - LTL
1,485,000 (EUR 430,000)) - LTL 2,584,000 (EUR 748,378). 

10. Profit to be appropriated for dividends - LTL 10,682,994 (0.25 Lt per
share) (EUR 3,094,009 (EUR 0.07 Lt per share). 

11. Profit to be appropriated for charity and support - LTL 600,000 (EUR
173,772). 

12. Profit (loss) to be carried forward at the end of the financial year to the
next financial year - LTL 2,461,711 (EUR 712,961). 








         Mrs. Jovita Sereikienė, Head of Asset Management Department. Tel. +370
37 305 664

Attachments:

KE_finan.atask.rink 2011EN.pdf