Energijos Skirstymo Operatorius AB - Notification on material event

Regarding the Board of ESO decision to change electricity prices as of 2017

Energijos Skirstymo Operatorius AB (hereinafter – the Company or ESO),
identification code 304151376, registered office placed at Aguonu str. 24,
Vilnius, Republic of Lithuania. The total number of registered ordinary shares
issued by company is 894 630 333; ISIN code LT0000130023. 

On 15th December 2016 the National Commission for Energy Control and Prices
(hereinafter – the Commission) reviewed and increased the price of public
service obligations (PSO) and public electricity price ceilings of 2017 for
residential customers who buy electricity from low-voltage and medium-voltage
networks. 

Based on this, on 16th December 2016 the Board of ESO approved the revised
public electricity prices, which will come into force from 2017 after the
Commission’s announcement. 

Compared to the second half of 2016 ESO proposed an average of 4.9% lower
public electricity prices for residential customers as of 1st January 2017. 

After the Commission’s announcement of final prices, ESO will issue a separate
notice. 


         Representative for Public Relations Martynas Burba, tel. (8~5) 2514516.