Klaipedos Nafta AB - Notification on material event

Public company Klaipėdos nafta has signed Construction Agreement for the Reconstruction of Facilities’ Park of Dark Oil Products

On 20-11-2012 Public company Klaipėdos nafta, AB has signed more than 21
million LTL construction agreement with Private company Rudesta, UAB. The
contract is part of Klaipėdos nafta, AB Investment Project “Reconstruction of
Dark Fuel Facillities' Park. (Demolition of 4 Repositories, 5000 m3 Capacity
Each, and Installation of 2 Repositories, 32 250 m3 Capacity Each) Construction
Works.”, and had been signed based on the result of the international tender
procedures. 

The contractor, Rudesta, UAB, shall perform the whole reconstruction within one
year. When the project will be completed Klaipėdos nafta, AB should have
possibility to accept both light and dark oil products into its two renovated
tanks. 

This investment by Klaipėdos nafta, AB is one of the largest investments into
the renovation of its infrastructure scheduled for the year 2013. 






         Mantas Bartuška, Finance Director, 8 46 391 763