KN Energies AB

Legal Proceedings Report • Apr 18, 2013

Disclosure 306539

Klaipedos Nafta AB - Notification on material event

The Court of Appeal of Lithuania has annulled the interim measures whereby the procurement procedures of engineering, procurement and construction works for natural gas pipeline system were suspended

On 16 April 2013, upon the examination of the separate complaints of AB Klaipėdos Nafta (hereinafter, the Company) and PPS Pipeline Systems GmbH regarding the ruling of 8 March 2013 of the Klaipėda Regional Court by which the court granted the request of the claimants AB Kauno Dujotiekio Statyba and UAB Šiaulių Dujotiekio Statyba concerning the imposition of interim measures and suspended the international procurement “Procurement of engineering, procurement and construction works for natural gas pipeline system (EPC)” (hereinafter, the Procurement) performed under the negotiated procedure with publication of a contract notice, until the day when a decision of the court in the case is passed and comes into force, the Court of Appeal of Lithuania decided to annul the ruling of 8 March 2013 of the Klaipėdos Regional Court and to reject the request of the claimants AB Kauno Dujotiekio Statyba and UAB Šiaulių Dujotiekio Statyba to impose interim measures. The Company announced about the imposed interim measures and suspension of the Procurement procedures on 8 March 2013 by making a notification on the material event. Mantas Bartuška, Director of the Finance and Administration Department, 8 46 391 763.