Lietuvos Dujos AB - Notification on material event

Resolutions adopted by the Extraordinary General Meeting of Shareholders of AB Lietuvos Dujos

Vilnius, Lithuania, 2013-06-11 14:50 CEST (GLOBE NEWSWIRE) -- The Extraordinary
General Meeting of Shareholders of AB Lietuvos Dujos of 11 June 2013 adopted
the following resolutions: 

1.1. Approval of the spin-off and of the Terms and Conditions of the Spin-Off
of AB Lietuvos Dujos. 

Resolution:

To approve the Terms and Conditions of the Spin-Off of AB Lietuvos Dujos
(attached) and, in accordance with the terms and conditions thereof, to
unbundle the spin-off part (the activity of natural gas transmission of AB
Lietuvos Dujos) from AB Lietuvos Dujos which continues its activities after the
spin-off and, on the basis of the assets, rights and obligations assigned to
this part, to establish a new company AB Amber Grid. 

1.2. Approval of the amended wording of the Bylaws of AB Lietuvos Dujos and
granting authorizations to sign these documents. 

Resolution:

To approve the amended wording of the Bylaws of AB Lietuvos Dujos (attached).
To authorise the General Manager of AB Lietuvos Dujos Viktoras Valentukevičius
to sign, either personally or through an authorised person, the amended wording
of the Bylaws of AB Lietuvos Dujos and perform all actions related to the
registration of the Bylaws with the Register of Legal Entities of the Republic
of Lithuania. 

1.3. Election of the managing bodies of AB Lietuvos Dujos.

Resolution:

To establish that the structure of the managing bodies in AB Lietuvos Dujos
which will continue its activity after the spin-off will not change - the
General Meeting of Shareholders, the Board of Directors and the Chief Executive
Officer will continue functioning in AB Lietuvos Dujos. To approve that the
members of the Board of Directors of AB Lietuvos Dujos which will continue its
activity after the spin-off - Dr. Valery Golubev, Uwe Fip, Dr. Achim Saul,
Kirill Seleznev, Valdas Lastauskas will further hold their office. 

1.4. Approval of the Bylaws of AB Amber Grid established after the spin-off and
granting authorizations to sign the Bylaws of the new company. 

Resolution:

To approve the Bylaws of AB Amber Grid established after the spin-off
(attached). To authorise the Chief Executive Officer of AB Amber Grid to sign,
either personally or through an authorised representative, the Bylaws of AB
Amber Grid and perform all actions related to the registration of AB Amber Grid
and its Bylaws with the Register of Legal Entities of the Republic of
Lithuania. 

When voting on the Agenda items 1, 2 and 4, the Company's shareholder OAO
Gazprom made a written statement (attached). 

The Resolutions of the Extraordinary General Meeting of Shareholders were
posted on the Central Database of Regulated Information www.crib.lt, the
website of the Company www.dujos.lt and the e-publication of the Centre of
Registers of the Republic of Lithuania. 



Annexes:

1. Terms and Conditions of the Spin-off of AB Lietuvos Dujos

2. Bylaws of AB Lietuvos Dujos

3. Bylaws of AB Amber Grid

4. Written statement of OAO Gazprom

5. Press release


Authorised person:

Reda Aglinskiene

Head of the Legal Division

tel. +370 5 236 0240

Attachments:

pr_2013-06-11_EN.pdf

AG_bylaws_EN.pdf

LD_bylaws_EN.pdf

LD_Spin-Off_Terms.pdf

2013 06 11_GP_statement_EN.pdf