Kauno Energija AB - Notification on material event

The Decisions of the Extraordinary General meeting of shareholders of AB Kauno Energija

The Extraordinary General meeting of shareholders of AB Kauno Energija has been
held on the 6th of January, 2014. 3 shareholders owning a 42 018 465 ordinary
registered shares of the Company, which is 98.33 % of the votes, took part in
it and they placed their votes in written. The following decisions were made: 

  1. Regarding AB Kauno Energija share capital increase.

- to increasethe sharecapital of ABKauno Energija by LTL 420 996 (four hundred
twenty thousand nine hundred ninety six litas) from LTL 256 391 862 (two
hundred fifty six million three hundred ninety one thousand eight hundred sixty
two litas) to LTL 256 812 858 (two hundred fifty six million eight hundred
twelve thousand eight hundred fifty eight Litas) by issuing 70 166 (seventy
thousand one hundred sixty six) ordinary registered shares by nominal value LTL
6 each, which issue price is equal to the nominal value of shares. 

  1. Regarding reversal of priority right of all shareholders to obtain newly
     issued shares.

- to revoke priorityright of all shareholders to acquire the newly issued70 166
ordinary registered shares of AB Kauno Energija by nominal value LTL 6 each,
which issue price is equal to the nominal value of shares giving the right to
Kaunas city municipality (code 111106319, address Laisvės av. 96, Kaunas). 

  1. Regarding AB Kauno Energija Statute changes.

- to amend AB Kauno energija Statute recasting and to authorize the AB Kauno
Energija General Director Rimantas Bakas sign the modified text of AB Kauno
Energija. 

  1. Regarding revocation of the AB Kauno Energija Supervisory Board member.

- to revoke Valys Venslovas from the Supervisory Board of AB Kauno Energija.

  1. Regarding election of the Supervisory Board member AB Kauno Energija.

- to elect Židrūnas Garšva as the member of the Supervisory Board of AB Kauno
Energija. 

  1. Regarding support for public company Žalgiris basketball centre (code
     302811111).

- to grant for up to LTL 1 000 000 (one million Litas) support for public
company Žalgiris basketball centre (code 302811111), the amount of support is
to be included in AB Kauno Energija 2013 audited operating profit (loss)
distribution project. 




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