Kauno Energija - Notification on material event

Regarding a convocation of the Extraordinary General Meeting of AB Kauno Energija shareholders

agenda proposed by undertaker and the decisions projects

Under initiative of the main shareholder - Kaunas city municipality represented
by Director of Kaunas City Municipality Administration the Extraordinary
General Meeting of AB Kauno Energija (code of enterprise - 235014830, address -
Raudondvario av. 84, Kaunas) shareholders is convoked on the 30th of March,
2015. 

The date of meeting is the 30th of March, 2015, Monday. The meeting begins at 1
p. m. The place of the meeting is Company's hall, Raudondvario av. 86A, Kaunas,
Lithuania. Registration of shareholders begins at 12.30 p.m. 

The agenda of the Extraordinary General Meeting of shareholders and the
announced decisions projects: 

1. Regarding purchase of Sargėnai heat economy.

The decision project is to purchase Sargėnai heat economy, which is situated in
the territory of Kaunas city municipality for the price, bargained with UAB
Litesko and the other terms of acquisition and to accomplish procedures of
acquisition of Sargėnai heat economy, after the additional approval from the
main shareholder of AB Kauno Energija - Director of Kaunas City Municipality
Administration will be obtained. 

2. Regarding approval for the decision of AB Kauno Energija Management Board of
the 30th of January, 2015, No 2015-2-2 due to the issue “Regarding selling of
heat units equipment owned by AB Kauno Energija, situated in buildings owned byKaunas City Municipality and the residual value of whose exceeds EUR 289,62
(LTL 1000,00) per piece”. 

The decision project is to approve the decision of AB Kauno Energija Management
Board to sell 32 heat units owned by AB Kauno Energija, situated in buildings
owned by Kaunas City Municipality and the residual value of whose exceeds EUR
289,62 (LTL 1000,00) per piece, indicated in “The list of heat units equipment
owned by AB Kauno Energija, situated in buildings owned by Kaunas City
Municipality and the residual value of whose exceeds EUR 289,62 (LTL 1000,00)
per piece and proposed to sell to Kaunas City Municipality” (enclosed) for the
purchase price of EUR 0,29 (LTL 1,00) per piece, proposed by Kaunas City
Municipality, i.e. for the total price of selling of heat units - EUR 9,28 (LTL
32,00) and the document preparation fees, that amounts to EUR 762,37 (LTL
2632,32) without VAT. 

The AB Kauno Energija shall not provide the possibility to participate and vote
in the Meeting using electronic communication channels. 

The account date of the Extraordinary General Meeting of Shareholders - the
23th of March, 2015. Shareholders that own AB Kauno Energija shares as at the
end of the working day of the 23th of March, 2015, shall have the right to
participate in convened Extraordinary General Meeting. 

AB Kauno Energija share capital is divided into 42,802,143 (forty-two million
eight hundred and two thousand one hundred forty three) ordinary registered
shares. All of these shares carry the right to vote with their shareholders. 

The person participating in Extraordinary General Meeting of Shareholders must
submit an identity document. A person, who is not a shareholder, also must
submit a document confirming the right to vote at the Extraordinary General
Meeting of Shareholders along with this document. The authorized person at the
Extraordinary General Meeting of Shareholders shall have the same rights as it
should represent by the shareholder. Shareholder's right to attend the
Extraordinary General Meeting of Shareholders also include the right to ask
questions. 

Please be informed that shareholders, who are entitled to participate at the
Extraordinary General Meeting of Shareholders, own the right to authorize by
electronic means physical or legal person to attend and vote on behalf of them
at the Extraordinary General Meeting of Shareholders. Power of attorney that is
issued by the shareholder must be submitted by sending e-mail
j.sereikiene@kaunoenergija.lt not later than the 27th of March, 2015 (2.00 p.
m.). 

Please be informed that, on decisions which are included into agenda of the
Extraordinary General Meeting of Shareholders can be voted in written by
completing the general ballot paper. If the person who had completed the
general ballot paper is not a shareholder, the completed general ballot paper
must be accompanied by a document confirming the right to vote. The duly
completed general ballot paper (voting bulletin) should be sent by mail or
delivered directly to the Company's office at Raudondvario av. 84, room 203,
Kaunas till the 30th of March, 2015 (12 a.m.). The Company reserves the right
not to include in the shareholder vote early, if the general ballot paper does
not meet the third and fourth parts of the 30 Article of Law on Companies
requirements or the general ballot paper is written in a way that it is
impossible to establish shareholder‘s will on a separate issue. 

The agenda of the Extraordinary General Meeting of Shareholders may be
supplemented by initiative of shareholders who own shares no less than 1/20 of
all the votes. Proposals to the agenda of the Extraordinary General Meeting of
Shareholders may be submitted by mail or delivered to the Company's
representative office at Raudondvario av. 84, room 203, Kaunas no later than
the 15th of March, 2015. 

Please be informed that, along with a proposal to supplement the agenda of the
Extraordinary General Meeting of Shareholders must be submitted the drafts of
proposed decisions, or if the decisions shall not be adopted, explanations on
each of the proposed issue. 

Please be informed that, shareholders who own shares no less than 1/20 of all
votes own the right at any time before the Extraordinary General Meeting of
Shareholders or during the meeting in writing or by mail propose new draft
decisions related to the questions included into agenda. 

Shareholders own the right to ask the questions concerning the agenda of the
Extraordinary General Meeting of Shareholders. Questions may be submitted by
e-mail j.sereikiene@kaunoenergija.lt or delivered directly to the Company's
office at Raudondvario av. 84, room 203, Kaunas, not later than 2.00 p.m. of
the 20th of March, 2015. 

Starting from the 9th of March, 2015 shareholders can get acquainted with the
company‘s documents related to the agenda of shareholders meeting and decisions
projects of the meeting and information relating to shareholders' rights by
coming to the company - Raudondvario av. 84, room 203, Kaunas or in the webpage
of the company (http://www.kaunoenergija.lt). 






         Jovita Sereikienė, Head of Asset Management Department, +370 37 305 664

Attachments:

VOTING BULLLETIN_2015 03_30_EN_ BIRZskelb.pdf