Lietuvos Dujos AB - Notification on material event

Regarding the shares of AB Lietuvos Dujos owned by the state

Vilnius, Lithuania, 2014-02-14 16:01 CET (GLOBE NEWSWIRE) -- Issuer - AB
Lietuvos Dujos hereby informs that it became known to AB Lietuvos Dujos that on
12 February 2014 the Government of the Republic of Lithuania adopted a
resolution which inter alia decided: 

  -- To transfer to the Ministry of Finance of Republic of Lithuania
     (hereinafter, the Ministry of Finance) 51,454,638 (fifty one million four
     hundred and fifty four thousand six hundred and thirty eight)
non-material ordinary registered shares 
of AB Lietuvos Dujos (company code 120059523, address Aguonų g. 24,
     Vilnius), the nominal value of each of which is equal to LTL 1 (one) and
     which grant 17.7 per cent of votes at the general meeting of shareholders
     of AB Lietuvos Dujos, which belong to the state by the right of ownership
     and are currently managed by the right of trust by the Ministry of Energy
     of the Republic of Lithuania (hereinafter, the Ministry of Energy), to be
     managed, used and disposed of by the right of trust.

  -- To establish that, increasing the authorised capital of UAB Lietuvos
     Energija (company code 301844044, address Žvejų g. 14, Vilnius), 51,454,638
     (fifty one million four hundred and fifty four thousand six hundred and
     thirty eight)
non-material ordinary registered shares 
of AB Lietuvos Dujos, the nominal value of each of which is equal to LTL 1
     (one) and which grant 17.7 per cent of votes at the general meeting of
     shareholders of AB Lietuvos Dujos, which belong to the state by the right
     of ownership, shall be transferred to UAB Lietuvos Energija as an
     additional contribution. The value of the contributed shares is equal to
     the weighted average market price within 6 months until the date of payment
     of newly issued shares of UAB Lietuvos Energija by appropriate shares.



Authorised person:

Justinas Stašinskas

Head of the Legal Division

tel. +370 5 236 0145