KN Energies AB

Legal Proceedings Report • Mar 8, 2013

Disclosure 305538

Klaipedos Nafta AB - Notification on material event

Lawsuit and suspension of Procurement of Engineering, Procurement and Construction Works for Natural Gas Pipeline System (EPC)

On 8 March 2013 Klaipėdos Nafta AB (hereinafter, the “Company”) received documents from the Klapėda Regional Court regarding lawsuit filed by AB “Kauno dujotiekio statyba” and UAB “Šiaulių dujotiekio statyba” regarding the international procurement “Procurement of engineering, procurement and construction works for natural gas pipeline system (EPC)” performed under the negotiated procedure with a publication of notice (hereinafter, the “Procurement”). The claimants inter alia request the court: (i) to annul the decision of the Company, dated 8 February 2013, whereby decisions on evaluation criterions of tender offers, opening of the envelopes with the final tender offers and evaluation of the final tender offers, conclusion of queue of tender offers, acknowledgement of the winner and signature of the Procurement agreement were annulled; (ii) to annul the amendment of conditions of the Procurement, executed based on the announcement of the Company, dated 13 February 2013, whereby the criterion of the most economically advantageous tender offer was established as a criterion for evaluation of the tender offers; (iii) to return the parties to the initial state, i. e. to the stage, which existed prior the supposed violation - to obligate the Company to continue the Procurement according to the results of the Procurement, announced on 20 December 2012; Klaipėda Regional Court by its judgement of 8 March 2013 granted the request of the claimants AB “Kauno dujotiekio statyba” and UAB “Šiaulių dujotiekio statyba” on application of interim measures and suspended the Procurement until the day, when decision of the court in this case shall be passed and come into force. Mantas Bartuška, Director of Finance and Administration Department, +370 46 391 763