KN Energies AB

Legal Proceedings Report • Jan 29, 2013

Disclosure 304242

Klaipedos Nafta AB - Notification on material event

Claim regarding the Procurement of engineering, procurement and construction works for natural gas pipeline system

On 28 January 2013 Klaipėdos Nafta AB (hereinafter, the “Company”) received documents from the Klapėda Regional Court regarding a claim filed by German concern PPS Pipeline Systems GmbH to invalidate the decisions of the commission of international procurement “Procurement of engineering, procurement and construction works for natural gas pipeline system (EPC)” performed under the negotiated procedure (hereinafter, the “Procurement”). The claimant in its claim inter alia asks the court: (i) to acknowledge, that while participating in the Procurement the consortium of AB Kauno dujotiekio statyba and UAB Šiaulių dujotiekio statyba had a non-allowed competition advantage, because of which its offer had to be rejected; (ii) to annul the decision of the Company's public procurement commission, according to which the queue of offers was approved, and the offer of consortium was acknowledged as the winner; (iii) to oblige the Company to approve the new queue of the offers. The Company will file its response to the court in due course. Mantas Bartuška, Director of Finance and Administration Department, +370 46 391 763