KN Energies AB

Earnings Release • Feb 4, 2011

Disclosure 284322

Klaipedos Nafta AB - Notification on material event

AB Klaipėdos nafta transshipment results in January 2011

In January 2011 Company stowed 652 thousand tons of oil products to the tankers (8% less than January 2010) and loaded 707 thousand tons of oil products in to the containers (5 % more than in January 2010). Severe weather conditions and a record-breaking amount of snow in January caused less loadings. Revenues of the Company for the same period accounted for LTL 11.9 mln. (EUR 3.4 mln.) - an increase from January 2010 of 6 %. Johana Bučienė Chief Financier, +370 46 391 636