Lietuvos Energija AB - Notification on material event

Resolution of Extraordinary Shareholders Meeting

During the extraordinary general shareholders meeting of Lietuvos Energija AB,
held on January 29, 2010, the following resolution was adopted: 
Issue in the agenda:
1.Regarding spin-off of LIETUVOS ENERGIJA subsidiaries - Kaunas hydro power
plant and Kruonis pumped storage plant. 
Resolution adopted:
 „1.1. There shall be no approval of spin-off conditions, drafted on September
29, 2009 by the Management Board of LIETUVOS ENERGIJA. 
 1.2. With regard to the fact that under the agreement of December 4, 2009
regarding the liquidation of LEO LT AB and termination of agreements on the
establishment of the national investment company, made among the Government of
the Republic of Lithuania, NDX Energija UAB and LEO LT AB, the agreement of
April 29, 2008 made between the Government of the Republic of Lithuania and NDX
Energija UAB, regarding the establishment of the national investment company
(with the exception of its Annex No. 11) was terminated, there shall be
terminated the spin-off procedure of Kaunas hydro power plant and Kruonis
pumped storage plant - the subsidiaries of the joint stock company LIETUVOS
ENERGIJA - from the joint stock company LIETUVOS ENERGIJA, initiated by the
resolution of the extraordinary general shareholders meeting of the joint stock
company LIETUVOS ENERGIJA of December 4, 2008, and amended in detail by the
resolution of the extraordinary general shareholders meeting of the joint stock
company LIETUVOS ENERGIJA of September 8, 2009."
Further information on the resolutions adopted during the extraordinary
shareholders meeting of the joint stock company LIETUVOS ENERGIJA is available
on the website of LIETUVOS ENERGIJA www.le.lt.

Aurelija Trakseliene
Head of Communications
Tel. +370 5 2782442
Email aurelija.trakseliene@lpc.lt