KN Energies AB

AGM Information • Apr 24, 2013

GENERAL BALLOT PAPER FOR THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF AB KLAIPEDOS NAFTA, TO BE HELD ON 24 MAY 2013

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Name, surname (name) of the shareholder:

Personal code (code) of the shareholder:

The number of owned shares:

The number of votes held:

Please cross out what does not apply ("FOR" or "AGAINST") and leave the selected version of the decision not crossed:

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Organisational issues

To propose to elect as the Chairman of the Meeting and to vote "for" the proposed candidate:

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To propose to elect as the Secretary of the Meeting and to vote "for" the proposed candidate:

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To propose to elect as the person responsible for the performance of the actions provided for in paragraph 2 of Article 22 of the Law of the Republic of Lithuania on Companies and to vote "for" the proposed candidate:

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Agenda items	Draft resolutions
Regarding approval of the decision of the Board of AB Klaipėdos nafta to amend AB Klaipėdos nafta Board decision, dated 21 December 2012, to conclude contract with the winner of the public procurement "Procurement of Engineering, Procurement and Construction (EPC) Works for Natural Gas Pipeline System"	"To approve the decision of the Board of AB Klaipėdos nafta: 1. To change the decisions taken in the meeting of the Board of AB Klaipėdos Nafta on 21 December 2012, in connection with the conclusion of the Contract (hereinafter, the Contract) for Natural Gas Pipeline System Engineering, Procurement and Construction (EPC) Works (hereinafter, the Works), necessary in constructing the connection between the Liquefied Natural Gas Terminal's (hereinafter, the LNGT) jetty within the water area of the Klaipėda State Sea Port (near the northern part of the Kiaulės Nugara island) and the Lithuanian natural gas transportation system (gas pipeline Jurbarkas–Klaipėda (section Tauragė– Klaipėda) near Klaipėda DSS-2 (gas distribution station) by Kiškėnų village, Dovilų sub-district, Klaipėda district municipality), reading them as follows: 1.1 To conclude Contract with PPS Pipeline Systems GmbH, the winner of the public procurement "Procurement of Engineering, Procurement and Construction (EPC) Works for Natural Gas Pipeline System" performed by AB Klaipėdos Nafta under negotiated procedure with a publication of notice, that submitted the most economically beneficial tender offer (hereinafter, the Contractor).	For	Against

1.2 The total fixed price for all the Works under the Contract will be LTL 94,840,000 (ninety four million eight hundred and forty thousand litas), VAT excl., and LTL 114,756,400 (one hundred and fourteen million seven hundred and fifty six thousand four hundred litas), VAT incl. The rate of the VAT on the day of the conclusion of the Contract is equal to 21 percent. This fixed price of the Contract can increase only in exceptional cases provided for in the Contract. AB Klaipėdos Nafta will pay the indicated fixed price of the Contract only for the Works actually performed.
1.3 All the Works under the Contract must be finished till 1 August 2014. The Works performance term may only be extended in exceptional cases set forth in the Contract.
2. To determine that the Contract with the winner will be concluded only after expiry of the obligatory 15 days' period of deferment applicable to the conclusion of the Contract, as provided for in Article 2.22 of the Law of the Republic of Lithuania on Public Procurement and in case there are no valid instructions or decisions of institutions with relevant powers, prohibiting signing the Contract with the Contractor that won this specific public procurement."

Regarding any other new draft decisions, not indicated above, to vote with all the held votes	For	Against

We hereby confirm that we have familiarised in advance with the agenda of the Annual General Meeting of Shareholders of the Company referred to in this Ballot Paper and the draft resolutions contained herein, therefore we may express in advance in writing the will of ………………………………………………… as shareholder of AB Klaipėdos nafta in voting on the matters considered at the extraordinary General Meeting of Shareholders. Having regard to our will expressed in writing on the agenda item of the extraordinary General Meeting of Shareholders, it should be considered that ………………………………………………… participated in the extraordinary General Meeting of Shareholders of the AB Klaipėdos nafta held on 24 May 2013.

Name, surname, position of the shareholder (its representative)____________________________________________________

Date and signature of the shareholder (its representative) _________________________________________________________

Date, name and number of the authorisation to vote (should general ballot paper is signed not by anyone other than the head of

the shareholder's company)________________________________________________________________________________