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KN Energies AB

Capital/Financing Update • Jun 16, 2014

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Capital/Financing Update

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Disclosure 316032

Klaipedos Nafta - Notification on material event

The Board of the Nordic Investment Bank adopted the decision to grant a credit to AB Klaipėdos nafta

On 13 June 2014 the Board of the Nordic Investment Bank (hereinafter, NIB) adopted a decision to grant Klaipėdos Nafta AB (hereinafter, the Company) a credit of up to EUR 35 mill. (up to LTL 120 mill.) for implementation of the project of liquefied natural gas terminal in Lithuania. The term of the credit - up to 20 years. Condition precedent of disbursement of the credit - an obligation to submit a State guarantee of the Republic of Lithuania ensuring the Company's monetary obligations under the credit agreement. Director of Finance and Administration Department, Mantas Bartuška, +370 46 391 763