KN Energies AB

Legal Proceedings Report • Jan 22, 2013

Disclosure 304130

Klaipedos Nafta AB - Notification on material event

Regarding suspension of the procedure of conclusion of the contract for procurement of engineering, procurement and construction works for natural gas pipeline system (EPC)

On 22 January 2013 AB Klaipėdos Nafta (hereinafter, the Company) received a letter from the Public Procurement Office regarding presentation of the documents of international procurement “Procurement of engineering, procurement and construction works for natural gas pipeline system (EPC)” performed under the negotiated procedure (hereinafter, the Procurement) for evaluation, by which, inter alia, the Company was obligated to suspend the procedure of conclusion of the contract for Procurement until the Public Procurement Office gives an evaluation of the documents and decisions presented by the Company (contracting authority). The Company will present the documents and decisions in connection with the Procurement to the Public Procurement Office as fast as possible. In case the Public Procurement Office evaluates them in the urgent manner, then, in the opinion of the Company, temporary suspension of the procedure of conclusion of the contract for Procurement should not have an impact on the timely implementation of the liquefied natural gas terminal project. Finance Director Mantas Bartuška, 8 46 391 763