Kauno Energija

Report Publication Announcement • Nov 13, 2014

Disclosure 319231

Kauno Energija - Notification on material event

The Decisions of the Extraordinary General Meeting of shareholders of AB Kauno Energija

The Extraordinary General meeting of shareholders of AB Kauno Energija has been held on the 12th of November, 2014. 4 shareholders owning a 42 088 773 ordinary registered shares of the Company, which is 98.33 % of the votes, took part in it and they placed their votes in written. The following decisions were made: 1. Regarding financial support for Public company Žalgiris Basketball Centre (code 302811111). The decision is to allocate LTL 500 000 (five hundred thousand Litas) / EUR 144 810 (one hundred forty four thousand eight hundred and ten Euro) as a financial support for Public company Žalgiris Basketball Centre (code 302811111). This amount of support is to be included in AB Kauno Energija audited operating profit (loss) allocation project of the year 2014. 2. Regarding approval of the list of infrastructure objects intended to be modernized assimilating investments of UAB Kauno Termofikacijos Elektrinė for the years 2015 - 2015. The Decision - to approve the list of infrastructure objects owned by AB Kauno Energija intended to be modernized using investments of UAB Kauno Termofikacijos Elektrinė for the years 2015 - 2015: -- Implementation of the system of emergency replenishment of heat supply networks (investment value - LTL 0,95 million (EUR 275 139,02); -- Incorporation of the new heat consumers building a new heat supply networks (investment value - LTL 1,2 million (EUR 347 544,02); -- Modernization of Kaunas centralized heat supply networks (investment planned - LTL 2,35 million (EUR 680 607,04); 3. Regarding change in Statutes of AB Kauno Energija allowing additional attribution of Supervisory Board and estimating changes in Law on Companies of the Republic of Lithuania. The decision was not made. Jovita Sereikienė, Head of Asset Management Department, +370 37 305 664