Amber Grid - Notification on material event

Adoption of a preliminary decision on the unbundling of the natural gas transmission activity and designation of a transmission system operator

On 13 January 2015, the National Control Commission for Prices and Energy
(hereinafter - the Commission) issued a conclusion which states that the
unbundling of the transmission activity of AB Amber Grid complies with the
applicable provisions of the EU Third Energy Package and the Republic of
Lithuania Law on Natural Gas and that AB Amber Grid is in a position to be
designated as a natural gas transmission system operator. 

The Commission will issue a notification of the decision to the European
Commission and will submit supporting documents. Within two months of receipt
of the opinion of the European Commission, the Commission will pass its final
decision on the transmission system operator certification. Should the European
Commission have any objections, in this case, upon the elimination of the
shortcomings by the transmission system operator, the final decision would be
taken no later than within two months. 

When AB Amber Grid is designated as a transmission system operator, it will be
granted an open ended license for the engagement in natural gas transmission
activities. 

The individual authorised by AB Amber Grid (the issuer) to provide additional
information on the material event: 

Mindaugas Grinius

Press officer

tel. +370 5 236 0854

fax +370 5 236 0850

e-mail: m.grinius@ambergrid.lt