Litgrid AB

AGM Information • Jan 28, 2016

Disclosure 329857

LITGRID - Notification on material event

Resolutions adopted at the Extraordinary General Meeting of Litgrid Shareholders, 28 January 2016

Vilnius, Lithuania, 2016-01-28 08:31 CET (GLOBE NEWSWIRE) -- On January 28, 2016 during the Extraordinary General Meeting of Shareholders of AB Litgrid (legal entity code - 302564383, legal status – public company, registered address: A. Juozapavičiaus g. 13, Vilnius city, Vilnius city municipality, the Republic of Lithuania, data about the company are collected and stored at Vilnius branch of VĮ Registrų Centras, Division of Registry of Legal Entities), the following resolution was adopted: 1. Regarding transfer of 67 percent of UAB Baltpool share capital. Resolution adopted: „1.1. In pursuance to define Litgrid activities, which are not directly related to the electricity transmission, approve the 6 January 2016 decision No 4 of the Board (Protocol No 1) to transfer 478 800 units (four hundred seventy eight thousand eight hundred units) ordinary registered non-material UAB Baltpool (legal entity code 302464881, registered address A. Juozapavičiaus str. 9-3, Vilnius) shares (67 percent of share capital), to UAB EPSO-G (legal entity code 302826889, registered address A. Juozapavičiaus str. 13, Vilnius) for 387 828 Eur (three hundred eighty seven thousand eight hundred twenty eight euros) in accordance with valuation of the independent property assessor. 1.2. To authorize the CEO of AB Litgrid and Director of Finance Department according to the laws to sign purchase-sale agreement of the 478 800 units of the UAB Baltpool and to perform all actions related to the transfer of 478 800 units of UAB Baltpool.” Information about the aforementioned decision is also available on Litgrid website at www.litgrid.eu as well as at the Litgrid headquarters (A. Juozapavičiaus str. 13, Vilnius) during office hours (7.30–11.30 a.m. and 12.15–4.30 p.m.; 7.30–11.30 a.m. and 12.15–3.15 p.m. on Fridays). Erika Brazaityte Communications manager Ph. +370 612 24034 Email erika.brazaityte@litgrid.eu