KN Energies AB

Legal Proceedings Report • Apr 17, 2013

Disclosure 306502

Klaipedos Nafta AB - Notification on material event

Klaipėdos Regional Court has rejected the claims of PPS Pipeline Systems GmbH and AB “Kauno dujotiekio statyba” and UAB “Šiaulių dujotiekio statyba and has left the interim measures in force until the decision comes into effect

Upon the examination of the civil case No 2-925-265/2013, where the submitted demands - made claims of German concern PPS Pipeline Systems GmbH and AB “Kauno dujotiekio statyba” and UAB “Šiaulių dujotiekio statyba” were connected, for which the receptions were announced respectively on 29 January 2013 and 8 March 2013 by the notification on material events, the Klaipėdos Regional Court on 16 April 2013 made a decision to reject the submitted claims of PPS Pipeline Systems GmbH and AB “Kauno dujotiekio statyba” and UAB “Šiaulių dujotiekio statyba”. The interim measures applied to AB “Klaipėdos nafta” by the 8 March 2013 decision of Klaipėdos Regional Court were left in force until the decision comes into effect. The decision of the court will come into effect after 14 days term if the decision is not appealed. AB “Klaipėdos nafta” will inform about the further progress of the proceedings by announcing notifications on material events. Mantas Bartuška, Director of the Finance and Administration Department, 8 46 391 763