Kauno Energija AB - Notification on material event

A change in agenda of Extraordinary General meeting of AB Kauno Energija shareholders

Under initiative and the decision of the of Company's Management Board the
third issue of the agenda of the shareholders' Extraordinary General meeting of
AB Kauno energija (code of enterprise 235014830, address Raudondvario av. 84,
Kaunas) held on 6th January, 2014) is added: „Regarding the election of audit
company and of the terms of remuneration for audit services”. 

The date of the Meeting - the 6th January, 2014, Monday. Time - 1 p. m., place
- Raudondvario av. 86A (first floor), Kaunas, Lithuania. Registration of
shareholders begins at 12.30 p.m. 

The Board confirmed the following agenda for the Extraordinary General Meeting
and declared proposed draft decisions on agenda items, submitted to the Board
of AB “Kauno energija” by Company's main shareholder Kaunas city municipality
by initiating agenda items and proposed agenda item by Supervisory Board: 

  1. Regarding AB "Kauno energija" share capital increase.

Draft decisions - increasethe sharecapital of AB "Kauno energija" by 420 996
LTL (four hundred twenty thousand nine hundred ninety six litas) from   256 391
862 LTL (two hundred fifty six million three hundred ninety one thousand eight
hundred sixty two litas) to 256 812 858 LTL (two hundred fifty six million
eight hundred twelve thousand eight hundred fifty eight Litas) by issuing 70
166 (seventy thousand one hundred sixty six) ordinary registered shares by
nominal value 6 LTL each, which issue price is equal to the nominal value of
shares. 

  1. Regarding reversal of priority right of all shareholders to obtain newly
     issued shares..

Draft decisions - revoke priorityright of all shareholders to acquire the newly
issued 70 166 ordinary registered shares of AB “Kauno energija” by nominal
value 6 LTL each, which issue price is equal to the nominal value of shares
giving the right to Kaunas city municipality (code 111106319, address Laisvės
av. 96, Kaunas). 

  1. Regarding AB "Kauno energija" Statute changes.

Draft decisions - amend AB “Kauno energija” Statute recasting and to authorize
the AB "Kauno energija” General Director Rimantas Bakas sign the modified text
of joint-stock company “Kauno energija”. 

  1. Regarding revocation of the AB "Kauno energija" Supervisory Board member.

Draft decisions - revoke Valys Venclova from the Supervisory Board of AB "Kauno
energija". 

  1. Regarding election of the Supervisory Board member AB "Kauno energija".

Items of agenda - elect Žydrūnas Garšva as the member of the Supervisory Board
of AB "Kauno energija". 

  1. Regarding support for "Žalgiris" basketball center (code 302811111)..

Draft decisions - grant for up to 1 000 000 (one million Litas) support for
public company "Žalgiris"  basketball center (code 302811111), the amount of
support is to be included in AB "Kauno energija" 2013 audited operating profit
(loss) distribution project. 

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

The account date of the Extraordinary General Meeting of Shareholders - the
27th December, 2013. Shareholders that own AB Kauno energija shares on the end
of the working day of 27th December, 2013, shall have the right to participate
in convened Extraordinary General Meeting. 

AB Kauno energija share capital is divided into 42,731,977 (forty-two million
seven hundred thirty-one thousand nine hundred and seventy-seven) 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, to this
document, also must submit a document confirming the right to vote at the
Extraordinary General Meeting of Shareholders. 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 3th January, 2014 (2.00 p.
m.). 

Please be informed that, on decisions which are included into Extraordinary
General Meeting of Shareholders agenda can be voted in writing 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
6th January, 2014 (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 20th December, 2013. 

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. 27th
of December, 2013. 

Since 12th of December, 2013 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, Kaunas or in the webpage of the company
(http://www.kaunoenergija.lt). 



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

Attachments:

Balsavimo biulet_2014 0 01_06__EN_ BIRZskelb.doc

KE istatai_2013 12-12 _.doc