Kauno Energija AB - Notification on material event

Regarding Kaunas city municipality information on initiation of convocation of Extraordinary General Meeting of Shareholders

Kaunas. Lithuania, 2012-08-24 12:16 CEST (GLOBE NEWSWIRE) -- On the 24th of
August, 2012 AB Kauno Energija has got a notification from Kaunas city
municipality administration informing that convocation of the Extraordinary
General Meeting of Shareholders of AB Kauno Energija is being initiated in
pursuance of assignment No P-M-64 of the Mayor of Kaunas city municipality of
the 20th of August, 2012 and considering application of Gediminas Žukauskas,
member of AB Kauno Energija Supervisory Board of 20th of August, 2012
“Regarding resignation from the members of AB Kauno Energija Supervisory
Board”. The following agenda is being proposed by initiator: 

1. Regarding recall of AB Kauno Energija Supervisory board. Draft decision: To
recall Supervisory board of AB Kauno Energija. 

2. Regarding election of AB Kauno Energija Supervisory board. Draft decision:
To elect Supervisory board of AB Kauno Energija. 

  If the decision related to convocation of the Extraordinary General Meeting
of Shareholders of AB Kauno Energija will be taken by the Company's Management
Board, administration of AB Kauno Energija will announce a material event on
convocation of Extraordinary Meeting of Shareholders of AB Kauno Energija, its'
agenda and draft decisions. 






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