VST AB - Notification on material event

Regarding deposition of Chief Executive Officer of VST, AB

The Board of VST, AB on December 28, 2009 adopted a decision to depose from
December 31, 2009 Chief Executive Officer of VST, AB Mr. Vytautas Kazimieras
Aranauskas. Instead of him, Mr. Rimantas Vaitkus was appointed as new Chief
Executive Officer who will assume his responsibilities from January 1, 2010. 

Asta Bakaveckienė
Director of Legal and Administration Division

Person for contacts: 
Jolita Faktorovičienė 
Jurist of Legal Department 
Phone +370 5 2781270