Lietuvos energijos gamyba, AB - Notification on material event

Regarding a planned development of power generation operations

Elektrėnai, Lithuania, 2015-05-04 16:00 CEST (GLOBE NEWSWIRE) -- “Lietuvos
energijos gamyba”, AB (company code 302648707, registered office at Elektrinės
str. 21, Elektrėnai) (the Company), informs that on 4 May, 2015, Company
received a letter from the Company's shareholder - “Lietuvos energija”, UAB
(“Lietuvos energija”), holding 96,13 percent of Company shares - containing
information about expected changes. 

The letter informs that the Board of “Lietuvos energija” approved the concept
of the program on 

development of chain of value of “Lietuvos energija” group. One of the approved
projects indicates the development of the power generation operations of the
Company by separating the part of wholesale energy trading activity carried out
by the Company. 

The separation of the part of the wholesale energy trading activity will lead
to increasing efficiency of the “Lietuvos energija” group activities, to
reducing expenses of the operations of Company and to develop activity of the
Company. 

Abovementioned actions should be carried out by the 1 January, 2016.

Any subsequent actions and decisions will be announced by the Company publicly
in accordance with the laws. 


         Valentas Neviera, Head of Corporate Communication Division, tel. +370
5 278 2908, e-mail. valentas.neviera@le.lt