KN Energies AB

Earnings Release • Feb 3, 2009

Disclosure 266676

Klaipedos Nafta AB - Notification on material event

SC KLAIPĖDOS NAFTA operating results during January of the year 2009

SC KLAIPĖDOS NAFTA operating 790.8 thousand tons of oil products during January 1,2009; earnings (preliminary)- LTL 11.9 million (EUR 3.5 million). On 30 January 2009 the Company repaid the loans in the amount of LTL 15.6 mln (Euro 4.52 mln) to the Lithuanian banks: AB SEB bank, AB Hansabank and AB DnB NORD bank. It was the last loan repayment. At present SC Klaipedos Nafta has no liabilities regarding repayment of the loans granted for the reconstruction works. Irena Barauskaitė-Gaižiūnienė +370 46 391 626