KN Energies AB

Earnings Release • Nov 6, 2012

Disclosure 302887

Klaipedos Nafta AB - Notification on material event

SC Klaipėdos Nafta transshipment results in October of 2012

In October 2012 the Company reloaded 544 thousand tons of oil products into the storage tanks of the Terminal, 15 per cent less than in October 2011 (639 thousand tons). The reduction of revenues during October 2012 was significantly impacted by major maintenance at Mozyr oil refinery in Belarus and scheduled maintenance works in Russian oil refineries that are exporting their product through Klaipeda sea port. In October 2012 the preliminary revenues of the Company accounted to LTL 10.1 million (EUR 2.9 million), 12 per cent less if compared to results of October 2011 (LTL 11.4 million (EUR 3.3 million)). Preliminary revenues of the Company during ten months in 2012 accounted to LTL 110.8 million (EUR 32.1 million) which is 8 per cent less if compared the same period in previous year (ten months 2011 - LTL 120.8 million (EUR 35.0 million)). Mantas Bartuška, Finance Director, 8 46 391 763