Lietuvos energijos gamyba, AB - Notification on material event

Regarding the repayment of significant part of a loan

Elektrėnai, Lithuania, 2017-05-22 15:05 CEST (GLOBE NEWSWIRE) -- Lietuvos
Energijos Gamyba, AB, company code 302648707, registered office at Elektrinės
st. 21, Elektrėnai (hereinafter referred to as the Company). The total number
of registered ordinary shares issued by the Company is 635 083 615, ISIN code –
LT0000128571. 

We would like to inform, that the Company prior to the schedule repaid AB SEB
bankas an amount of EUR 60 MLN as part of a long-term loan. The repayment was
initiated in order to minimise the interest cost paid by the Company. Under the
loan agreement between AB SEB bankas and the Company, the balance of the loan
amounts to EUR 51.9 MLN after the repayment. 

Note that the Company and AB SEB bankas on 21 February, 2014 signed a loan
agreement for an amount up to EUR 158 MLN. Purpose of this agreement was to
refinance three loans under the credit agreements with the banks, operating in
Lithuania, and the European Bank for Reconstruction and Development. The
combined cycle gas turbine construction project, flue gas treatment of
particulate matter and sulphur oxides plant construction and installation
project as well as other projects were funded by these loans. 


         Valentas Neviera, Head of Communication Division, tel. +370 670 25997,
e-mail. valentas.neviera@le.lt