Lietuvos Energija AB - Notification on material event

Credit Ratings on Lietuvos Energija AB Withdrawn

The international ratings agency "Standard & Poor's" has fulfilled the request
of Lietuvos Energija AB to withdraw its corporate credit ratings. The
Management Board has issued this request since such credit rating service is to
be ordered for the entire LEO LT group. Moreover, "Standard & Poor's", with
regard to downgrade of the Republic of Lithuania, prior to its withdrawal,
announced that it downgrades the company's long-term credit rating from BBB+ to
BBB and short-term credit rating from A-2 to A-3. 

Rūta Merčaitienė
Head of Communication Division 
Phone +370 5 278 2442